However, if you file the 2020, there is a provision in there to solve all of your Stimulus checks problems. You should file the 2020 NOW! that will give you the Recovery Rebate Credit where you can recoup the $600 and $1,200.00 Stimulus checks plus the $1,400.00 check.
The American Rescue Plan provides relief for millions of Americans through numerous measures, including a third round of stimulus checks, unemployment benefit extensions, and expansions of the Child Tax Credit and the federal Earned Income Tax Credit (EITC).
This means if you qualify for a third stimulus check, you could get up to $1,400 for each taxpayer in your household plus $1,400 for each dependent.
- Families earning less than $150,000 a year and individuals earning less than $75,000 a year should get the full $1,400 per person.
- Families earning up to $160,000 per year and individuals earning up to $80,000 per year will receive prorated amounts.
- One notable difference from the first two stimulus is that you will receive stimulus payments for all your dependents, including adult dependents and college students.
To find out if you are eligible and how much you can expect, visit our stimulus calculator.
Do I need to apply to get a stimulus check?
You don’t need to do anything to get your stimulus check. The IRS will determine eligibility based on your last tax return (either 2019 or 2020) and will likely send your payment to the bank account where your tax refund was deposited.
When will I get my stimulus check?
The IRS has begun distributing stimulus payments and we expect people could receive their stimulus payments as early as next week (March 17th).
See this link for additional information: How Will The Third Stimulus Affect Me
[edited 3/15/2021 | (:54am pst])]
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
