Last Chance to Claim Pandemic-Era IRS Stimulus Check Before April Deadline

Last Chance to Claim Pandemic-Era IRS Stimulus Check Before April Deadline

Taxpayers have one last chance to receive pandemic-era IRS economic impact payments before the November 10th deadline. The IRS announced plans in December to send “special payments” to one million taxpayers who did not claim the 2021 recovery rebate credit on their tax returns. This national initiative is particularly important for women and couples who are eligible to receive additional money. They are eligible for stimulus payments of $1,400 for each individual and $2,800 for joint filers (married couples).

Those 2021 stimulus checks were just one reflection of the federal government’s vastly expanded response to the economic effects of the COVID-19 pandemic. Many eligible individuals may have overlooked their entitlement to these funds, particularly the recovery rebate credit, which can be claimed on their 2021 federal returns. Through the recovery rebate credit, the IRS ensures that all filers can reclaim funds they are owed. Most importantly, it helps out people who never got their complete stimulus check.

Single filers can qualify for the recovery rebate credit with adjusted gross income of $75,000 or below. Married couples filing jointly only have to earn no more than $150,000 to be eligible. Eligible taxpayers should make sure that they qualify for the credit. Retirement savers need to know how to claim it incorrectly in time for the first tax deadline of April 15, 2024.

Those who never received their 2021 stimulus payment can still take action by claiming the recovery rebate credit on their federal return. The IRS wants all taxpayers to access their online accounts. Best of all, it’s a simple way to keep track of your stimulus payments and ensure that you get every dollar you have coming to you.

Here’s how to get your hands on the last remaining IRS pandemic stimulus check. It would be a huge win for countless working-class taxpayers who have been facing mounting pressures of economic hardship. This is true of many federal tax benefits available to state and city residents. Knowing how to take advantage of these credits can enrich your financial health dramatically.

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Alex Lorel

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