Who will receive a $1,400 stimulus check? Here’s how to find out

Approximately 1 million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the coming weeks. Funds will be deposited directly into eligible individuals’ bank accounts or sent via paper check.

The IRS announced it will distribute approximately $2.4 billion to taxpayers who did not claim the Recovery Rebate Credit on their 2021 tax returns. The credit was available to people who missed their COVID-19 stimulus payments or received less than the full amount. The IRS said it found that many eligible taxpayers did not claim the credit.

read more: 2021 Recovery Rebate Credit: What it is and who is eligible for it.

“The IRS continues to work hard to make improvements and assist taxpayers,” IRS Commissioner Danny Wuerffel said in an online statement. “These payments are an example of our commitment to doing our best for our taxpayers. A review of our internal data shows that 1 million taxpayers are actually ineligible. We now know that we missed claiming this complicated deduction even though it was there, so we can minimize the headache and get this money to eligible taxpayers.” , we’ll make these payments automatically so these people won’t have to go through the extensive process of filing an amended return to receive them. ”

Who will receive the $1,400 stimulus check? | IRS 2021 Recovery Rebate Credit

2021 Recovery Rebate Credit payments are due if a 2021 tax return is filed, but the Recovery Rebate Credit data field is left blank or entered as $0 when the taxpayer actually qualifies for the credit. Payments will only be made to eligible taxpayers.

How do I find out if I claimed the Recovery Rebate Credit on my 2021 tax return? | IRS 2021 Recovery Rebate Credit

Here’s how to check if you’ve been charged Recovery Rebate Credit About your 2021 tax return:

Check your tax return: Check your 2021 tax return to see what items are related to the Recovery Rebate Credit. If you claimed it, you should see it listed there.

Use your IRS online account: Log into your IRS online account. You can view your tax records, including any recovery rebate credits claimed.

Contact the IRS: If you’re still unsure, you can contact the IRS directly for assistance. It will help you check if a credit was claimed on your return.

read more: Trump stimulus checks: Will they be issued? Will you receive them?

How can I claim my $1,400 stimulus check? | IRS 2021 Recovery Rebate Credit

Eligible taxpayers do not need to do anything to receive these payments. This payment will be paid automatically in December and should arrive by late January 2025 in most cases. Payments will be automatically deposited directly to you or sent by paper check. Eligible taxpayers will also receive a separate letter notifying them of their payment.

Can I get the full $1,400? | IRS 2021 Recovery Rebate Credit

Payment amounts vary depending on several factors, but the maximum payment amount is $1,400 per person. The estimated payment amount is approximately $2.4 billion.

Taxpayers who didn’t file their 2021 tax return may be able to claim the credit if they file their return

The IRS says taxpayers who have not yet filed a 2021 tax return may be eligible for a refund if they file and claim the Recovery Rebate Credit by the April 15, 2025 deadline. I am calling your attention to this.

Eligible taxpayers who have not filed must file a tax return to claim the Recovery Rebate Credit even if they have minimal or no income from a job, business, or other source. No.

For more information, 2021 Recovery Rebate Credit From the IRS.