CNBC reported, the IRS reminds more than 1.1 million Americans to claim their 2021 $1,400 COVID-19 stimulus before a final deadline expires in April 2025. After April 15, 2025, the government will permanently stop making payments, and the three-year claim window will expire.
Only people who never filed 2021 taxes or who claimed the Recovery Rebate Credit face eligibility requirements. Individuals who claim federal income tax as single people and earn less than $75,000 annually receive all $1,400 aid. Married couples filing jointly with taxable incomes below $150,000 receive $2,800 payments. People of every age who depend on others qualify to get $1,400 from this program.
In December and January, the IRS started to pay money to qualified taxpayers, beginning with direct transfers before adding paper checks until the finish. People unsure about their rebate eligibility can use their 2021 tax return to review the Recovery Rebate Credit line or contact the IRS for an accurate determination. You should take action now to receive your payment because the special pandemic benefit will end on April 15.
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