A stimulus check was approved by the Federal Government under the American Rescue Plan of President Joe Biden which distributed money worth $1,400 to every eligible citizen. The majority of the citizens who received this stimulus check can be calculated by analyzing their tax return details this year.
Everything To Know About The Third Stimulus Check
Though this last stimulus check from the Government of America was launched a year ago, still many citizens did not receive it. Those individuals must hurry and claim this direct payment by filing their income tax return by 18th April 2022. This deadline is applicable not only for getting the missed stimulus check but also for getting more money from the IRS.
Thus, people who will not file income tax returns will not be able to claim their direct payment. There are many cases where the income level is so low that people could not file their income tax. Two people who are married and have two kids will get a total of $5,600 as per this stimulus check. Moreover, every dependent will get $1,400 irrespective of any age.
A single filer who earns less than $75,000 in a year, the head of the family who earns less than $112,500 in a year, and joint files with an earning of less than $150,000 per annum will be eligible for this stimulus check. The immigrants who do not have their Social Security number will not be eligible for the payment.
To get the Recovery Rebate Credit, a tax filer would need the Letter 6475 which is sent by the IRS in the past. In case, the letter is lost, it can be found online in the individual’s IRS account. The tax filers can also get a higher payment if the size of their family increases or their income level decreases in one year.
