Governing institutions must work for the welfare of citizens. Therefore, among their main missions are those related to avoiding situations of economic vulnerability through the launch of new aid packages for certain groups. In the United States, therefore, one million eligible US citizens who did not claim the Recovery Rebate Credit on their 2021 tax returns will receive a stimulus check from the Internal Revenue Service (IRS). This is a deposit of up to $1,400 dollars that will only go to people who did not know they were eligible or who did not file a tax return that year.
Stimulus checks emerged during the COVID-19 pandemic as a form of support for people experiencing economic hardship in the United States. In this sense, payments began to be made at the end of December last year and should arrive in most cases during the next few days, around the end of January or the beginning of February.
Stimulus check eligibility criteria
Most eligible individuals have already received the full amount of their credit in advance and do not need to include information about this payment when filing their 2021 tax return. In addition, the IRS issued additional payments, called “plus-up” payments, to those who initially received a third round Economic Impact Payment based on the information on their 2019 tax return, but who were eligible for a larger amount based on their 2020 tax return.
Therefore, according to the conditions of the US Internal Revenue Service, the main requirements for eligibility for these stimulus checks would be as follows for claimants:
- The first requirement is related to income limits. Full payments will be made to those with incomes of up to $75,000 in 2021, which must be declared on your taxes in order for the IRS to send you the stimulus check. Note that married couples filing jointly must have an annual income of up to $150,000 in 2021. Payments will be gradually reduced as income exceeds these limits.
- The marital status used for tax return purposes is also an important factor, although it does not disqualify you from receiving the money.
- Those with dependents may also be eligible, including those caring for elderly dependents.
- It is necessary to have a Social Security number or an ITIN, which is a taxpayer personal identification number. This implies that the person must file taxes.
Checking to see if a person is eligible
- Use the “Get My Payment” tool available on the Internal Revenue Service (IRS) website.
- Submit your tax returns and your income. If for some reason you did not send in your forms, you can use the IRS Non-Filers tool or file a simple return.
- Claim payments due through the Recovery Rebate Credit found on Form 1040.
Finally, according to the IRS, “the 2021 Recovery Rebate Credit must be claimed on the 2021 tax return to receive this money.” On the other hand, this agency will not calculate it automatically, as it began accepting 2021 tax returns on January 24,”
