Economic stimulus payments were based on your 2019 income tax return. If you did not file a 2019 income tax return and did not receive a stimulus payment, you could be eligible for the Recovery Rebate Credit.
The Recovery Rebate Credit is similar to the stimulus payments except that the eligibility and the amount are based on 2020 information you include on your 2020 tax return.
Generally, if you were a U.S. citizen or U.S. resident alien in 2020, were not a dependent of another taxpayer, and have a Social Security number that is valid for employment, you are eligible for the Recovery Rebate Credit. Your credit amount will be reduced if your adjusted gross income (AGI) is more than:
- $150,000 if married and filing a joint return or filing as a qualifying widow or widower
- $112,500 if filing as head of household or
- $75,000 for eligible individuals filing as a single or as married filing separately.
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