If you weren’t able to receive a stimulus payment before, you may still be eligible for one. The government has recently announced that they will be giving out another round of stimulus payments in an effort to help those who have been affected by the pandemic.
If you think you might be eligible, you can check the requirements on the government’s website. The process is simple and only takes a few minutes.
Millions still eligible for stimulus payments, but time is running out
You may still be eligible for a stimulus payment
When the CARES Act was passed in March, most Americans were set to receive a stimulus payment of up to $1,200. However, many people have since found out that they are not eligible for the full amount, or any at all. There is still hope, though. If your income has changed or you have had a child since the last tax filing, you may still be eligible for a stimulus payment.
The IRS has said that people who are eligible but did not receive a payment will get it automatically if they file their 2021 taxes electronically. If you did not file taxes in 2019 or 2020, you will need to do so in order to receive a stimulus payment. The deadline to file taxes has been extended to May 17th.
What is a stimulus check payment?
A stimulus check is a direct payment from the government to eligible Americans in order to help them during the coronavirus pandemic. The first stimulus checks were sent out in April 2020, and the second round of payments began going out in December 2020.
The amount of money you receive from a stimulus check is based on your annual income and family size. For example, someone who filed taxes as an individual and had an annual income of $75,000 would receive a $1,200 stimulus check. A family of four with an annual income of $150,000 would receive a $2,400 stimulus check.
If you are not sure if you are eligible for a stimulus check or how much money you will receive, you can use the IRS’s Get My Payment tool to find out.
Who is eligible for a stimulus payment?
As the COVID-19 pandemic continues to ravage the United States, many people are wondering if they will be receiving a stimulus check payment. The answer to this question is not as simple as one might think.
In order to be eligible for a stimulus check payment, you must have an Adjusted Gross Income (AGI) of less than $75,000 if you are filing as a single taxpayer. If you are married and filing jointly, your AGI must be less than $150,000. If you are head of household, your AGI must be less than $112,500.
There are other factors that determine eligibility as well. For example, if you have any dependents under the age of 17, you will receive an additional $500 for each dependent. You also cannot have any outstanding tax debts or owe child support payments.
When will I receive my stimulus payment?
The answer to this question largely depends on your tax situation and filing status. The IRS began issuing payments in mid-April, with most people receiving their stimulus check within two weeks of their payment date.
If you filed taxes electronically and provided direct deposit information, you should receive your stimulus check the fastest. If you filed a paper return or didn’t provide direct deposit information, you can expect to receive your payment via mail, which will take longer.
The IRS has set up an online portal where you can track the status of your stimulus check. You’ll need to provide your Social Security number, date of birth, and mailing address.
How do I know if I’m eligible for a stimulus payment?
If you’re wondering whether or not you’re eligible for a stimulus check payment, there are a few things you can do to find out. First, check the IRS website for updated information on who is eligible. Second, look at your most recent tax return to see if you meet the criteria for eligibility. And finally, if you still have questions, contact your local congressman or senator for more information.
In order to be eligible for a stimulus check payment, you must be a U.S. citizen or resident alien with a valid Social Security number. You must also have filed a federal income tax return for 2018 or 2019. If you meet these criteria, then you will likely receive a stimulus check payment of up to $1,200 per individual ($2,400 for married couples filing jointly).
COVID-19 stimulus payments: You may have money waiting for you.
If you think you missed out on your stimulus check, you may still be in luck. The IRS has announced that they will be sending out additional payments to eligible taxpayers who did not receive their full amount the first time around. Here’s what you need to know to see if you’re still eligible for a stimulus payment.
If you didn’t receive your full stimulus payment, it’s likely because the IRS didn’t have your most recent information on file. This can happen if you’ve moved recently or if you changed your bank account information. The good news is that the IRS has now set up a portal where you can update your information and confirm that you’re still eligible for a payment.
To update your information, visit the IRS website and click on the “Update My Payment Info” link.