IRS deadline in February for $3,000 tax help – find out who is eligible

This IRS tax deadline is fast approaching and thousands of U.S. citizen taxpayers could be receiving new payment checks soon

IRS announces that you can check the status of your tax refund - CANVA

In the United States we can find two deadlines in February to claim an average of thousands of dollars in taxes. The IRS stated that in 2021 the average US citizen received on average $3,000 as a tax refund. This makes filing make a lot of sense for the neediest people.

But for many citizens, there is still time to file these taxes. If you have not yet filed your tax return with the IRS pertaining to the year 2021, you may still be on time. Doing so may mean that the Internal Revenue Service will eventually refund some of those taxes so that you will have extra money in the coming months.

There are two key deadlines to keep in mind in the month of February. This is with respect to the 2021 tax return. As strange as it may sound to many citizens, there are still taxpayers who have extensions available in this year 2023 to pay 2021 taxes.

The date to consider for IRS taxes in 2023

There are two main dates to keep in mind for the IRS calendar. Citizens should be well aware of these dates to file their returns.

Find out these IRS dates
Find out these IRS dates – CANVA

The deadline to keep in mind is February 15. Within this deadline there are 2 different conditions to keep in mind.

Knowing these details, citizens can have more peace of mind regarding the 2021 and 2022 taxes. If you have not yet paid your taxes, try to do so as soon as possible. Anyway, we are still on time to receive the new tax refund check from the IRS, so we just need to wait a little bit. And we won’t receive it immediately, as the IRS could send it as late as the 15th, which would mean receiving it a few days later.

New IRS cheques in 2023?

Although many citizens are thinking that new stimulus cheques will arrive in 2023 and 2024, the truth is that this is not quite the case. As of today, we cannot know if we will finally get a new stimulus check this year and next.

The bottom line is that the American Rescue Plan was agreed to in order to help families affected by the last pandemic. This means then that once the pandemic is over, there are no new stimulus checks to receive. However, there will be checks derived from the IRS for each year’s tax refund.

If you want to receive a stimulus check with the tax refund in 2023, there is still time. Tax returns can be filed by April 18, 2023. If we do it before then, we may be able to get one of these checks with the tax refund very quickly. The usual waiting time is 21 days, but it is very common for taxpayers to receive it earlier.

As for the checks in the next few years, we still have to wait a bit. The overall economy is very damaged and the IRS and Social Security Administration are not able to grant a large number of checks to U.S. citizens.

Can I receive Stimulus check and Social Security Payments?

Pensioners who collect a Social Security check often wonder if they can receive Stimulus Checks. In short, it is not common for this to happen, but it is possible. The IRS sends Stimulus Checks to citizens who have overpaid taxes.

Since it is rare for aged retirees to pay taxes, it is not common for the IRS to pay stimulus checks to them. However, it is important to keep in mind that it is possible to receive both payments.

Either way, whether or not we receive our Social Security check and Stimulus check at the same time, we must still send in our tax return. In addition to this, it should also be noted that some Stimulus checks are tax exempt, so they will not affect our final return.

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