The IRS is kicking off the new year with good news: millions of Americans could be eligible to receive up to $1,400 in stimulus checks starting in 2025. This initiative focuses on taxpayers who missed out on previous pandemic-related stimulus payments, offering a much-needed financial boost to those who didn’t claim the Recovery Rebate Credit (RRC) in 2021.
What Is the Recovery Rebate Credit?
During the COVID-19 pandemic, the government issued Economic Impact Payments (EIPs) to help ease financial burdens. However, some individuals either didn’t receive the full amount or missed out entirely. That’s where the Recovery Rebate Credit comes in—it allows taxpayers to claim any missed payments by filing their 2021 tax returns.
Unfortunately, about one million people either left the RRC section blank or entered $0 when filing, which meant they didn’t get the money they were owed. The IRS is now working to correct that mistake.
Automatic Payments Already Underway
To make things easier, the IRS has started issuing these payments automatically—no additional action is needed for most eligible taxpayers. The checks, which could be as high as $1,400 per individual, are being sent via direct deposit or paper check. The rollout began in December 2024, and most recipients should have their payments by the end of January 2025.
If you’re eligible, be sure to check your bank account or mailbox for the payment.
Who Qualifies for the $1,400 Stimulus?
The amount you receive will depend on your adjusted gross income (AGI). Here’s a breakdown of the eligibility requirements:
- Single Filers: Full payment for those with an AGI of $75,000 or less (phase-out begins at $80,000)
- Married Filing Jointly: Full payment for couples with an AGI of $150,000 or less (phase-out begins at $160,000)
- Head of Household: Full payment for those with an AGI of $112,500 or less (phase-out begins at $120,000)
Even if you have minimal or no income, you could still qualify. Filing a 2021 tax return is key to receiving this stimulus.
What If I Haven’t Filed My 2021 Tax Return?
If you haven’t filed your 2021 tax return yet, don’t panic—you still have time. The IRS has set an April 15, 2025, deadline for filing and claiming the Recovery Rebate Credit. This is especially important for those who typically don’t file taxes, such as individuals with little or no income. Filing now could mean a $1,400 payment heading your way.
How to Check Your Payment Status
Eligible recipients should keep an eye out for direct deposits or paper checks. The IRS will also be sending out letters notifying individuals of their payment status and any actions they need to take. If you believe you qualify but haven’t received a payment, double-check your 2021 tax return to ensure you didn’t miss claiming the RRC.
If you’re still unsure, contacting the IRS or visiting their website could help you get the answers you need.
A Final Reminder
This stimulus effort is part of the government’s ongoing commitment to making sure everyone who qualified for COVID-related relief gets their money. If you think you might be eligible, don’t wait—check your status and file any necessary paperwork before the April 2025 deadline. It’s free money that you don’t want to miss out on!
