The IRS has made a major announcement: it's going to automatically send out $1,400 stimulus checks to about 1 million people who missed out on the 2021 payment because they didn't claim the Recovery Rebate Credit (RRC) on their tax return. This is a big deal, especially if you didn't get that $1,400 stimulus check back in 2021. The IRS has reviewed tax records and found that these individuals missed out because they didn’t file for the credit at the time.
The good news is that the IRS isn't waiting for these people to file amended tax returns. They are stepping in and issuing the payments automatically. If you qualify, the IRS will either deposit the $1,400 directly into your bank account (if they have your bank info) or send it to you by paper check. The payments are set to roll out over the next month, and all payments should be completed by the end of January. However, be aware that paper checks may take a little longer to arrive due to mail processing times.
Now, you might be wondering, "Do I qualify for this payment?" Here's how to tell: If you filed a 2021 tax return but didn't claim the RRC, and you didn’t receive the $1,400 check at the time, then you might be eligible. However, if you didn’t file a tax return for 2021, there’s still hope, but you’ll need to take action. For those who didn't file a return and didn’t get the stimulus check, you must file a 2021 tax return to claim the RRC in order to receive the $1,400.
This is especially important for people who are on fixed incomes like Social Security, SSI, SSDI, or other similar benefits, because many people in this category didn’t file tax returns in 2021 and may have been overlooked in the initial distribution. The IRS couldn’t send payments to people who didn’t file tax returns because they didn’t have the necessary information to confirm eligibility. So, if you’re one of these individuals and you didn’t file your 2021 taxes, now is the time to act!
To claim the $1,400, you’ll need to file a federal tax return for 2021, even if you don’t usually need to file. You need to specifically claim the Recovery Rebate Credit on your return to signal to the IRS that you didn’t get the $1,400 payment and you’re eligible for it. Simply filing a tax return without mentioning the RRC won't automatically make you eligible for the stimulus payment, so make sure to include that credit on your tax return.
The good news is that you still have time. The deadline to file your 2021 tax return and claim the $1,400 check is April 15, 2025, which gives you a few more years to take action. But don’t wait until the last minute—it's best to file your return sooner to avoid any issues.
If you’re not sure how to file a return or claim the RRC, it's a good idea to reach out to a tax professional, like a CPA or tax preparer. They can help guide you through the process and make sure everything is filed correctly.
It's also important to note that if you already received the $1,400 check in 2021, you will not receive another one. This program is specifically for those who missed out because they didn't claim the Recovery Rebate Credit. So, if you already received the payment, you're all set, and there’s no need to do anything further.
Remember, if you didn’t get the $1,400 check and you didn't file a tax return for 2021, the only way to get it now is to file your return and claim the Recovery Rebate Credit. Don't delay—consult a tax professional if needed and make sure you get the payment you're entitled to.
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