The pandemic has taken a toll on the lives of the people especially economically. While many suffered with lives, some have still been struggling with the COVID-19 economic consequences. However, doors are still open for those people who may need a helping hand with finances.
One example is the Child Tax Credit which benefits eligible families with six months belonging to 2021 of advanced payments. Well, millions of citizens of America qualified for the stimulus check, but the sun could not shine on everyone, and was not that lucky to have received it. Here action might have been needed to be able to claim the stimulus check and those who did not get the payment of $3600 are suggested to get checked with a professional.
Who Can Still Qualify For The Stimulus Check?
What should not be missed is couples who earned an amount of $150000 or less and also single heads of the household who earned $112500 or less qualified easily for the benefit. Those who have already received the Child Tax Credit in 2021 must remember that 2022 would only offer them a stimulus check of $2000.
Businesses can however still qualify to claim their stimulus check titled Employee Retention Credits. This comes under the 2020 CARES Act. Qualifications required for businesses to claim the fund must either be a victim of impactful declines in income during the COVID-19 pandemic or they have suffered a complete shutdown because of the government-imposed lockdown. The fact that cannot be missed is firms that came into being while the pandemic had been going on also can claim a stimulus check making it applicable to these business owners who did not struggle any less during the ongoing pandemic.
