The Internal Revenue Service (IRS) is reminding taxpayers that the deadline to claim the 2021 Recovery Rebate Credit is fast approaching. This credit, commonly known as the stimulus check, provided eligible individuals with up to $1,400. While most eligible Americans have already received their payments, some may still be able to claim the credit by filing a 2021 tax return.
To be eligible, individuals must meet certain income requirements and not have been claimed as a dependent on someone else's tax return. The amount of the credit decreases as income increases. Taxpayers can claim the Recovery Rebate Credit even if they are not typically required to file a tax return. Filing a return is the only way to receive the credit at this point.
The IRS urges taxpayers to act quickly and file their 2021 tax return before the April 15th deadline. Free tax preparation assistance is available for those who qualify through the IRS's Volunteer Income Tax Assistance (VITA) and Tax Counseling for the Elderly (TCE) programs. Visit the IRS website or call 1-800-TAX-FORM to find a VITA or TCE site near you. Don't leave money on the table check your eligibility and file your 2021 tax return today to claim the 2021 stimulus check.
Deadline Approaching for Unclaimed 2021 Stimulus Checks
Taxpayers who didn't receive the full 2021 Recovery Rebate Credit, also known as the stimulus check, have until April 15th to claim it. This stimulus payment could be worth up to $1,400 per eligible individual. To claim the credit, individuals must file a 2021 tax return. Don't miss the deadline to potentially receive this important tax benefit.
Source: Read the original article at CBS