The Internal Revenue Service (IRS) has announced plans to distribute stimulus payments to approximately one million taxpayers who did not claim the 2021 Recovery Rebate Credit on their tax returns. These payments, valued at up to $1,400 per individual, are being sent automatically to eligible recipients. If you missed out on previous Economic Impact Payments, here’s everything you need to know about this process and how to claim your payment if necessary.
Who Will Receive the Payments?
The IRS has identified taxpayers who filed a 2021 tax return but either left the Recovery Rebate Credit field blank or reported $0, even though they were eligible for the payment. These individuals will automatically receive their payments—no further action is required.
- Payments began in December 2024, with most recipients expected to receive their funds by the end of January 2025.
- The payments will be issued via direct deposit or paper check, depending on the payment method used on the taxpayer’s latest return.
What If You Haven’t Filed Your 2021 Tax Return?
Taxpayers who didn’t file a 2021 tax return still have an opportunity to claim the Recovery Rebate Credit, but the clock is ticking.
- The IRS has set a filing deadline of April 15, 2025, for individuals to submit their 2021 tax returns.
- Even those with little to no income are encouraged to file, as they may still qualify for the credit.
How to Check Your Eligibility
If you’re unsure whether you’ve received your 2021 Economic Impact Payments or if you qualify for this new round of payments, you can:
- Log In to Your IRS Online Account: This tool provides a detailed history of past stimulus payments and credits.
- Consult the “Get My Payment” Tool: The IRS website offers an easy way to track your payment status.
- Contact the IRS Directly: If you need additional assistance, reach out to the IRS or consult a tax professional.
Key Details About the Payments
- Automatic for Eligible Filers: Taxpayers who qualify will receive their payments without needing to file an amendment or additional forms.
- April 2025 Deadline: Non-filers should act quickly to ensure they claim their credit before the deadline.
- Maximum Amount: The payment is worth up to $1,400 per person, depending on income and filing status.
Why This Matters
This initiative aims to ensure that no eligible taxpayer misses out on the financial relief provided during the pandemic. By proactively distributing these payments, the IRS is helping millions of Americans recover unclaimed funds.
What You Should Do Next
If you think you’re eligible, check your records and confirm whether you’ve received the credit. For non-filers, make plans to submit your 2021 tax return as soon as possible to secure your payment.
For the latest updates and personalized support, visit IRS.gov.