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For 2021 tax returns, the recovery rebate credit amount was $1,400 ($2,800 for married taxpayers filing jointly), plus an additional $1,400 for each qualifying dependent.
The tax agency said it's disbursing the funds after reviewing internal data that showed many people had filed tax returns but yet didn't claim what is known as the "recovery rebate credit" in 2021.
The Internal Revenue Service said Friday that one million taxpayers are set to receive about $2.4 billion in stimulus checks in the coming weeks. ... who filed a tax return in 2021 failed to ...
The IRS is encouraging those who haven't yet filed a 2021 tax return—on which they could have claimed the original stimulus payment—to do so now; they still might be able to receive the money ...
The Internal Revenue Service is automatically sending $1,400 stimulus payments to about one million Americans who never claimed their COVID-19 relief checks from 2021, according to a recent ...
The IRS added together a $600 rebate for the parent and $600 for the two children to get $1,200, then subtracted the phaseout reduction of $750 ($50 for each $1,000 income above $75,000) to get $450. [6] According to the IRS, the stimulus payment did not reduce taxpayers' 2008 refunds or increase the amount owed when filing 2008 returns. [7]
The IRS will send out stimulus checks worth up to $1,400 to eligible taxpayers who missed theirs in 2021. ... People who placed a $0 on the field for the Recovery Rebate Credit on their 2021 tax ...
The current IRS payments will go to qualified taxpayers who filed a 2021 tax return, but left the Recover Rebate Credit data field blank or wrote in $0. ... The payment amounts depend on ...