IRS Deadline for Stimulus Checks: Are You Still Eligible? Find Out Now!
As the IRS prepares to wrap up its distribution of stimulus checks, the clock is ticking for eligible individuals to claim their payments. If you haven’t received your Economic Impact Payment (EIP) yet, you might still be in line to get the financial relief you’re entitled to. However, the deadline to file your taxes and claim any missing payments is fast approaching, so it’s important to know if you qualify and how to take action before time runs out.
Who Qualifies for a Stimulus Check?
The eligibility for stimulus checks depends on your income, tax filing status, and the number of dependents you have. Here’s a breakdown of who qualifies for the payment:
-
Single filers with an adjusted gross income (AGI) of up to $75,000 are eligible for the full payment, but payments begin to decrease for incomes above this threshold.
-
Married couples filing jointly with an AGI of up to $150,000 also qualify for the full payment, with a gradual reduction as income increases.
-
Head of household filers with an AGI of up to $112,500 are eligible for the full amount as well.
In addition to these basic qualifications, parents and caregivers can also receive extra payments for dependents under 17 years of age. The more recent your tax filing, the more likely you are to receive your payment promptly.
Deadline to Claim Your Payment
The deadline to file your tax return is quickly approaching, and it’s crucial to act now if you haven’t yet received your stimulus payment. If you’re eligible for a check but haven’t received it yet, you must file your 2023 tax return by the end of the year to be considered for any remaining stimulus payments. This deadline is important because if you miss it, you may lose out on the financial support you’re entitled to.
If you haven’t filed taxes yet, don’t worry—you can still file to claim your stimulus payment. Even if you don’t normally file a tax return, you can use the Non-Filers tool on the IRS website to submit your basic information and claim your payment.
Missed Payments? Here’s What You Can Do
If you filed your taxes but still haven’t received your full stimulus check, the IRS provides a way to claim any missing payments. This is called the Recovery Rebate Credit, and it allows you to request any funds you may be owed. This credit is available when you file your 2023 tax return, so if you believe you’re due a payment, make sure to include it in your filing.
How to Claim Your Payment
If you’re eligible and haven’t received your stimulus check, filing your 2023 tax return is the best way to claim the payment. The IRS will use your most recent tax return to calculate your eligibility and send you the check. If you’re unsure whether you need to file, the Non-Filers tool is also a great way to ensure you get the funds you deserve.
Don’t Miss Out: File Today
If you think you qualify for a stimulus payment, it’s time to act. Whether you missed your payment or need to update your information, filing your tax return is the way to ensure you get the money you’re entitled to. The deadline is approaching, so don’t wait too long. Check your eligibility, file your taxes, and claim your payment before it’s too late.
Comments are closed, but trackbacks and pingbacks are open.