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Deadline to Claim 2021 Stimulus Check Worth Up to $1,400 Approaches
As the clock ticks closer to its expiration date, it’s essential for eligible individuals to take immediate action. The IRS has set a deadline of April 15, 2025, for those who have not yet received their Recovery Rebate Credit, also known as stimulus check, worth up to $1,400.
Initially, these payments were disbursed automatically to most taxpayers in an effort to provide economic relief during the pandemic. However, some individuals may still be eligible for a payment if they did not receive all or part of their stimulus checks. If you fall into this category, it’s crucial that you file your 2021 tax return by April 15.
To qualify for the credit, applicants must meet certain criteria, including being a legal U.S. resident and having either a valid Social Security Number or Adoption Taxpayer Identification Number issued by the IRS. Additionally, they cannot be claimed as a dependent on another taxpayer’s 2021 tax return.
Those who have not already received their payment will need to file a claim in order to receive this benefit. This is a one-time opportunity, and failure to act before April 15 may result in forfeiting the credit altogether.
The IRS plans to disburse payments in December, with most arriving by late January 2025. Payments will either be direct deposited into a recipient’s bank account or mailed via a paper check.
As the deadline looms closer, it is essential for those who are eligible take immediate action and file their tax return before April 15.
Source: https://www.cbsnews.com/news/irs-special-payment-1400-1-million-people-who-qualifies-stimulus-check/
