Is a $675 Stimulus Coming? The Truth About 2025 Relief Payments
As the new year begins, many Americans are asking whether they’ll receive a $675 federal stimulus check. While no federal program offers this amount specifically, other forms of financial relief are being distributed, including a $1,400 Recovery Rebate Credit payment from the IRS and state-level programs like Montana’s property tax rebate. Here’s a breakdown of what’s available and how to check your eligibility.
Federal Relief: $1,400 Recovery Rebate Credit Payments
The IRS is issuing $1,400 payments in January 2025 to approximately one million taxpayers who did not claim the 2021 Recovery Rebate Credit (RRC) on their tax returns. These payments are automatic for eligible individuals and require no further action.
Eligibility for $1,400 Payments:
- You filed a 2021 tax return but left the Recovery Rebate Credit section blank or entered $0.
- Your Adjusted Gross Income (AGI) falls within these thresholds:
- Single Filers: Less than $75,000.
- Heads of Household: Less than $112,500.
- Married Filing Jointly: Less than $150,000.
- You cannot be claimed as a dependent and must have a valid Social Security number.
Payment Details:
- Method of Payment: Payments are sent via direct deposit or paper checks, based on the IRS records from your most recent tax return.
- Timeline: Most payments will be delivered by late January 2025.
- Notification: The IRS will mail a confirmation letter once the payment is processed.
What If You Didn’t File a 2021 Tax Return?
Non-filers who missed the 2021 stimulus have until April 15, 2025, to file their 2021 return and claim the Recovery Rebate Credit. This includes low-income individuals who may not typically file taxes.
State-Level Relief: Montana’s $675 Property Tax Rebate
While there’s no federal stimulus check of $675, certain states offer targeted relief. In Montana, eligible homeowners could qualify for a property tax rebate of up to $675:
- Eligibility Requirements: Applicants must have owned and lived in their Montana home for at least seven months in 2023 and paid property taxes in full.
- Application Window: The application period ran from August 15 to October 1, 2024. Payments for approved applicants will be disbursed by January 2025.
How to Stay Informed
To ensure you don’t miss out on payments:
- Verify Your Payment Status: Log in to your “My Social Security” or IRS account to check eligibility.
- File Taxes Promptly: For federal payments, file your 2021 return if you missed the initial filing period.
- Monitor State Programs: Check for state-level relief programs in your area that might offer additional assistance.
Conclusion
While a $675 federal stimulus check is not being issued, there are other significant opportunities for financial relief in 2025. From the IRS’s $1,400 payments to targeted state rebates like Montana’s, it’s worth reviewing your eligibility to ensure you receive all the benefits you’re entitled to.
For further information, visit IRS.gov or contact your state tax office.
