Stimulus Checks

Forum|Forum|5 years ago
March 26, 2021
1 reply
22 views

If I dont file my taxes this year, can I get my stimulus checks for myself and children on next years taxes?

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CatinaT1

Level 15

Yes. There will be a Recovery Rebate Credit when filing your 2021 return.

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NCperson

Level 15

no!

@CatinaT1 - re-read the question!!!! he did not ask specifically about the 3rd stimulus payment.

to get the recovery credit related to the first two stimulus payments, you MUST file 2020,. The first two stimulus were 'advance payments for 2020'. That also means if you do not file by May 17, 2024, you forfeit the credit.

you can only get the recovery credit for the 3rd stimulus payment on your 2021 tax return

NCperson

Level 15

Not sure... I received 1st stimulus check , but the 2nd and 3rd I will get when I file my taxes... So, what your saying is that I dont have to file a tax return this year to get those checks? I can wait years? .. thanks

that is correct, but note closely which tax returns go with which stimulus

the way the IRS works is if you are owed a refund you have three years from the tax deadline to submit the tax return, so for 2020, the tax deadline is May 17, 2021, so the three years expires on May 17, 2024. after that date you will not get the refund.

if you owe money, there is no deadline, you always owe it.

if you are due a refund, why wouldn't you submit it now?