The Internal Revenue Service (IRS) has been sent out the $1,400 stimulus check already to millions of the citizens in the United States. But still, majority of the people in the unites states haven’t claimed their share of this financial help. According the previous report given by the IRS, almost 1 million people in the united stats haven’t claim there Economic Impact Payment.
Who can still claim $1,400?
The IRS has made it clear that the $1,400 stimulus check might still be available for those who haven’t filed their 2021 tax return. This condition applies to non-filers or those who were exempt from filing taxes.
Many people in united states are thinking think they won’t get a refund if they don’t need to file taxes. However, you could actually receive not just the $1,400 but also extra tax credits if you qualify for this economic relief and didn’t file a tax return in 2021.
This payment has been already sent by the IRS to those who filed taxes but accidentally forgot to claim the Recovery Rebate Credit. They have been paid this through direct bank deposit or check till January 2025.
What is the deadline? By when to claim?
The deadline for the $1,400 stimulus check to claim is April 15, 2025, given by the IRS. This deadline gonna end very soon, so if you don’t file your taxes yet than you need to file them as soon as possible.
Remember, the chance to claim the Recovery Rebate Credit for 2020 has ended, but you can still get it for 2021. If you’re eligible, this could be a great relief and some extra cash in your bank account!
What is the Recovery Rebate Credit?
The Recovery Rebate Credit is a tax credit for those who qualified for Economic Impact Payments but either didn’t receive them or got less than they were supposed to.
If you have missed out on a stimulus check in 2021, then you will be able to claim this credit when you file your tax return. The IRS has made it clear that even if you had little to no income in 2021, you can still apply for this credit.
Did you not have income? You can still claim it
The IRS announces that you can still get the Recovery Rebate Credit if you were unemployed in 2021, your business was closed, or you had very low income.
Which can only mean that you might be able receive your $1,400 stimulus check even if you didn’t have any income, as long as you meet the eligibility criteria. So, it’s really important to check the IRS eligibility criteria and file your return.
How to claim?
You still have time If you have not filed your 2021 tax return, but not that much. The IRS has said that you can claim this by filling out Form 1040 or 1040-SR before April 15, 2025.
The process is very simple:
- Visit the IRS website and download the form or file it online.
- Go to the Recovery Rebate Credit section and ask for $1,400 (if you are eligible).
- After submitting the form, you may receive a refund or payment from the IRS.
What if you miss it?
If you didn’t fill the form before the deadline then you’ll lose a big opportunity and the money will directly go to the government treasury. Make sure to fill out the form by April 15, 2025, or else you’ll lose the money to the government. It’s really important to take action now!
Take advantage of other tax credits as well
The IRS has found that many individuals received Economic Impact Payments but didn’t claim additional tax credits like the Child Tax Credit and the Earned Income Tax Credit. If you file your 2021 tax return now, you could still take advantage of these extra credits!
Conclusion: There is still a chance, don’t miss it
If you’re a US citizen who didn’t file a tax return in 2021 and your income was low or zero, you might still be eligible for a $1,400 stimulus check from the IRS.
Make sure to fill out the form before the deadline which is April 15, 2025 to claim the Recovery Rebate Credit. This is the last chance to claim according to IRS. This $1,400 stimulus check can be big financial help for you and can make your life lil easy. So, gather your information, check your eligibility, and complete the form as soon as possible.
FAQs
Q. What is $1,400 IRS stimulus check?
A. The 1,400 IRS stimulus check is financial help to those who haven’t filed their 2021 tax return.
Q. What is the deadline for the $1,400 stimulus check?
A. The deadline for the $1,400 stimulus check is April 15, 2025.
Q. What if you miss this $1,400 stimulus check?
A. If you didn’t fill the form before the deadline then you’ll lose a big opportunity and the money will directly go to the government treasury.
Q. How to claim this $1,400 stimulus check?
A. To claim this $1,400 stimulus check you have to fill out the Form 1040 or 1040-SR before April 15, 2025