A new round of stimulus checks is making its way to taxpayers across the U.S., but not everyone will be eligible. For many Americans, the deadline for receiving the IRS $1,400 stimulus check, part of the third Economic Impact Payment (EIP), is quickly approaching. Here’s everything you need to know about who can still collect this stimulus payment and who cannot.
What Is the $1,400 IRS Stimulus Payment?
In the midst of the COVID-19 pandemic, the U.S. government introduced a series of relief payments aimed at supporting individuals and families financially. The $1,400 Economic Impact Payments, also known as stimulus checks, were part of the $1.9 trillion relief package signed into law by President Joe Biden in early 2021. These payments were designed to help Americans cope with the financial hardships caused by the pandemic.
The $1,400 stimulus check was sent to over 175 million eligible Americans, providing crucial financial relief during tough times. The third round of stimulus payments was based on income and eligibility criteria, with a set payment amount for each individual or dependent under specific income thresholds.
Who Will Receive the $1,400 Stimulus Payment?
The IRS has been sending out $1,400 stimulus checks to individuals who qualify, but there are some important details to note. Here’s who is eligible:
- Eligible taxpayers who filed a 2021 tax return: Individuals who filed their 2021 taxes and did not claim the payment can still receive it. The IRS is automatically sending the payments to eligible individuals based on the tax returns it has on file.
- Taxpayers who missed the 2021 Recovery Rebate Credit: For those who didn’t claim the third stimulus payment through their tax return for 2021, the IRS will automatically process the payment. Eligible Americans who missed this opportunity are now receiving the funds by the end of January 2025.
- Dependents and family members: For families with dependents, every man, woman, and child who qualifies can receive $1,400 if their income falls under the required thresholds.
The ‘Last Call’ for IRS Stimulus Payments
If you’re one of the millions of taxpayers who still haven’t received their $1,400 stimulus check, you have one last chance to claim it. But time is running out.
The IRS has identified about one million people who are eligible to receive the third stimulus payment but have not yet claimed it. These individuals will receive their checks automatically, provided they’ve filed their 2021 tax return. The deadline for this final opportunity to claim the payment is April 15, 2025.
If you missed the chance to file a 2021 tax return, now is the time to act. You’ll need to file your taxes for that year, and the IRS will process your claim. The good news is that the IRS is making these payments automatic to reduce the need for taxpayers to file amended returns. This should help avoid unnecessary headaches and ensure you receive the money you’re entitled to.
Who Won’t Get the $1,400 Stimulus Check?
While most eligible taxpayers are getting their payments automatically, some individuals won’t be receiving the $1,400 stimulus check. Here’s who won’t qualify:
- Taxpayers who earned above the income thresholds: The eligibility for the third EIP was based on income. Single tax filers who earned over $80,000 in 2021, Head of Household filers making more than $120,000, or married couples filing jointly with incomes above $160,000 are not eligible to receive the payment.
- Those who failed to file a 2021 tax return: If you did not file a tax return in 2021, you are unlikely to receive the payment unless you submit your return before the April 15, 2025 deadline.
- Non-U.S. citizens or non-resident aliens: Individuals who are not U.S. citizens or legal residents may not be eligible to receive the stimulus payment.
- Deceased individuals: If you were not alive when the payment was processed or received the payment after passing away, the IRS will not issue a payment to your surviving family members.
- Incarcerated individuals: People who were incarcerated at the time of the payment may not be eligible to receive the funds.
Eligibility Criteria for the $1,400 Stimulus Check
To be eligible for the $1,400 stimulus check, certain income thresholds had to be met. The income limits for the 2021 Recovery Rebate Credit, which helped determine eligibility for the third round of stimulus payments, were:
- Single Filers: Individuals earning under $75,000 were eligible. Those earning more than $80,000 did not qualify.
- Head of Household: Filers earning less than $112,500 could qualify. The eligibility cutoff was $120,000.
- Married Filing Jointly: Couples who earned under $150,000 were eligible, with the phaseout cutoff at $160,000.
For taxpayers who earned above these income levels, the amount of the stimulus payment gradually decreased. The phaseout was quicker in this round compared to previous payments, which meant that higher earners were less likely to receive the full $1,400.
What to Do If You’re Still Waiting for Your $1,400 Check
If you haven’t received your $1,400 stimulus check and are unsure if you qualify, you can check your IRS tax records online. The IRS allows taxpayers to view their tax information through their ID.me account, which is an online verification system for accessing various government services.
ID.me allows you to check your tax records, view past payments, and even access your Social Security information. This service helps protect your digital identity by ensuring that no one can impersonate you online, which makes it a secure way to monitor your IRS status.
Final Thoughts on the $1,400 IRS Stimulus Payment
For those who are eligible, the $1,400 stimulus payment could offer significant financial relief, especially in the ongoing recovery from the pandemic. However, time is running out for those who still need to file their taxes to claim the payment. Taxpayers must file their 2021 returns before the deadline of April 15, 2025, to receive their payment.
It’s crucial to keep an eye on deadlines and understand eligibility requirements to avoid missing out on this important financial aid. Whether you’re an individual filer or someone who is claiming dependents, making sure you file on time could make all the difference in receiving the financial relief you need.
Disclaimer – Our editorial team has thoroughly fact-checked this article to ensure its accuracy and eliminate any potential misinformation. We are dedicated to upholding the highest standards of integrity in our content.
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Your Final Chance to Receive the $1,400 IRS Stimulus Check
Your Final Chance to Receive the $1,400 IRS Stimulus Check
Your Final Chance to Receive the $1,400 IRS Stimulus Check