Claiming $1400 Stimulus Twice: The IRS is urging Americans to file their 2021 taxes by the April 15 deadline if they missed the $1,400 stimulus check. Approximately one million individuals still qualify for this assistance, but the window is closing.
The $1,400 payment was included in the Recovery Rebate Credit, designed to provide support during the COVID-19 pandemic. Many who did not file taxes in 2021 never received this payment. If you were eligible but didn’t claim it, there’s still a chance to obtain it, provided you file your 2021 taxes before the deadline.
Some individuals may believe they can claim the $1,400 again if they already received it. However, the IRS warns against this. Attempting to claim the money twice could result in your request being denied, and you could be required to return the funds along with additional penalties and interest.
Social Security Reveals April 2025 Pension Rules: Are You Eligible?
Financial expert Michael Ryan told Newsweek, “If you’ve previously received the stimulus check or claimed it, trying to reapply could lead to significant costs. The IRS might impose an immediate penalty of $280, with interest accruing daily until the amount is repaid.”
IRS Will Monitor Your Claims Closely
Ryan also cautioned that if the IRS identifies any fraudulent claims, they could scrutinize your taxes more thoroughly in the future. “Your refunds may be delayed, and the IRS might question other tax credits you intend to claim later,” he stated. “The IRS is serious about these discrepancies; it could negatively impact your finances for years to come.”
- If you haven’t received the $1,400: File your 2021 taxes before April 15 to claim the Recovery Rebate Credit.
- If you have already received it: Do not attempt to claim it again, as it may lead to severe penalties.
Social Security’s 5-Year Rule: What Retirees Must Know About Disability Benefits
This is your final opportunity to obtain these funds. After April 15, the IRS will no longer accept claims for 2021 refunds. If you believe you qualify, file now—but avoid the risk of requesting the same money twice!
