Diamond Member Pelican Press 0 Posted January 2, 2025 Diamond Member Share Posted January 2, 2025 This is the hidden content, please Sign In or Sign Up Stimulus checks from IRS could be coming your way. Are you eligible? New York taxpayers, did you receive a Recovery Rebate Credit stimulus check in 2021? If not, you may get one by the end of January. Earlier this month, This is the hidden content, please Sign In or Sign Up they’ll be issuing automatic payments to eligible individuals who did not claim the Recovery Rebate Credit on their 2021 tax returns. “Looking at our internal data, we realized that one million taxpayers overlooked claiming this complex credit when they were actually eligible,” IRS Commissioner Danny Werfel said. “To minimize headaches and get this money to eligible taxpayers, we’re making these payments automatic, meaning these people will not be required to go through the extensive process of filing an amended return to receive it.” Here’s what to know about the stimulus checks. The Internal Revenue Service (IRS) announced plans earlier this month that they’ll be issuing automatic payments to eligible individuals who did not claim the Recovery Rebate Credit on their 2021 tax returns. The Recovery Rebate Credit is a refundable credit for individuals who did not receive one or more Economic Impact Payments, or stimulus payments, according to the IRS, and if you filed your 2021 tax return but left the Recover Rebate Credit field blank or filled it out as $0 when you were actually eligible for the credit, you could soon be receiving a stimulus check. Payments vary but the maximum amount you could receive is $1,400, the IRS says, and the total amount being dispersed nationwide is $2.4 billion. Since the payments are being automatically delivered to those who are eligible for them, there’s no action needed on your part to receive your stimulus check, according to the IRS. The checks were sent out in December and, in most cases, should arrive through direct deposit to the bank account listed on your 2023 tax return or paper check to the address of record by late January 2025. If you’re eligible, you should also receive a separate letter informing you of the payment. More money in your pocket: This is the hidden content, please Sign In or Sign Up You may still be eligible to receive the stimulus check if you file your 2021 tax return and claim the Recovery Rebate Credit by April 15, 2025. Emily Barnes reports on consumer-related issues for the USA TODAY Network’s New York Connect Team, focusing on scam and recall-related topics. Follow her on This is the hidden content, please Sign In or Sign Up and This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up . Get in touch at *****@*****.tld. This article originally appeared on Rochester Democrat and Chronicle: This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up #Stimulus #checks #IRS #coming #eligible This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up 0 Quote Link to comment https://hopzone.eu/forums/topic/189269-stimulus-checks-from-irs-could-be-coming-your-way-are-you-eligible/ Share on other sites More sharing options...
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