If you meet the requirements for the Recovery Rebate Credit but didn’t claim it on your 2021 tax return, good news: the IRS is sending out automatic payments to eligible individuals. If you’ve already received a partial payment, they’ll send you the remaining amount, so don’t worry if it’s not all there just yet. The process will continue through January 2025.
Who is Eligible for the Stimulus Check?
This check is designed for people who qualify but didn’t claim the credit on their 2021 tax return. Whether you didn’t realize you were eligible or simply forgot, the IRS is handling the review process for you.
How Will the Stimulus Check Be Delivered?
The payment will be sent to the bank account listed on your 2023 tax return. If that account has been closed, the bank will return the payment to the IRS. They will then send it to the address they have on file for you. If you’ve moved, update your information with the IRS to ensure the check doesn’t end up at the wrong address.
What If My Bank Account is Closed?
If you closed the bank account used on your previous return, there’s no need for extra steps. The IRS will automatically reissue the payment and mail it to the address they have on file. Just ensure your address is correct to avoid delays.
How Can I Receive My Stimulus Check?
If your income is $73,000 or less, you can use the IRS Free File program to submit your taxes online for free. It’s also recommended to opt for direct deposit for faster processing. All you’ll need is your bank account number and routing number.
Also Read – California Social Security Payment Increase: Minimum Wage Set to Rise in 2025
Why Is This Credit Important?
The Recovery Rebate Credit is essentially an adjustment to the stimulus payments you should’ve received. If you didn’t get the full amount, this credit can either reduce the taxes you owe or be added to your tax refund. It’s a welcome boost to your finances.
How Long Do I Have to Claim This?
The IRS will continue distributing payments until January 2025. While there’s plenty of time, don’t wait too long—acting sooner rather than later will help you avoid complications.
Can I Receive the Stimulus Check If I Wasn’t a U.S. Citizen in 2024?
The federal government issued several rounds of stimulus checks between 2020 and 2021 as part of COVID-19 relief efforts. If you weren’t a U.S. citizen in 2024, you likely won’t receive a new round of checks, unless new legislation is introduced. However, check your state’s government website for any local relief programs.
Key Eligibility Criteria for Past Stimulus Checks:
- You must be a U.S. citizen or a resident alien with an eligible Social Security number.
- You must not be claimed as a dependent on someone else’s tax return.
- You should have filed a U.S. tax return (or registered with the IRS if you were a non-filer but still qualified).
Check your IRS account for a summary of your payments, and if anything is pending, you can verify it there. If you have any questions, you can reach out to the IRS—though their lines are often busy. Make sure you don’t miss this opportunity to get your money!
