While millions of Americans have received stimulus checks, some are finding that they’re receiving less than what they were expecting. https://fox59.com/news/coronavirus/receive-less-stimulus-money-than-you-expected-heres-what-the-irs-...
The federal government’s stimulus plan provides $1,200 for individual taxpayers plus $500 for each child under the age of 17.
Yet, in many cases, parents received less money than they expected—with the extra $500 for dependents missing.
It’s difficult to get answers because the Internal Revenue Service isn’t taking phone calls or emails about problems with the stimulus program. However, it has been updating the “frequently asked questions” section on its website.
What should you do if you didn’t get the money you were expecting?
According to an IRS FAQ page update from this week, you’ll need to claim the additional money when you file your 2020 tax return.
From the IRS website:
If you did not receive the full amount to which you believe you are entitled, you will be able to claim the additional amount when you file your 2020 tax return. This is particularly important for individuals who may be entitled to the additional $500 per qualifying child dependent payments. For VA and SSI recipients who don’t have a filing requirement and have a child, they need to use the Non-Filers tool on IRS.gov by May 5 in order to have the $500 added automatically to their $1,200 Economic Impact payment.
