You can still claim a stimulus check if you haven't received the Covid relief money
BELEAGUERED Americans who still haven't received their latest stimulus check may still be able to claim the money.
If you're one of the many who still hasn't received the latest $1,400 stimulus check payment, the IRS is recommending that you file your tax returns before the May 17 federal tax filing deadline.
If you can't file your taxes by May 17, the IRS is recommending that you file for an extension, which will give you until October 15th to file your taxes.
However, the sooner you file your taxes, the faster you'll receive the money — if you're entitled to a stimulus payment in the first place.
As with the previous stimulus checks, Americans who make $75,000 or less if filing as a single person — or $112,500 or less if filing as a head of household, or $150,000 if filing as married and jointly — will be eligible to receive a stimulus check.
And if your previous stimulus checks fell short, you may be eligible for a "plus-up" payment after you file your taxes.
In his recent speech to the joint session of Congress, President Joe Biden praised the impact of the recent rounds of stimulus checks, but didn't confirm that there would be more in the future.
"We kept our commitment — Democrats and Republicans — of sending $1,400 rescue checks to 85 percent of American households," Biden said. "For many people, it’s making all the difference in the world."
Part of the hesitancy to confirm more stimulus checks, according to some political experts, lies in the lack of bipartisan Congressional support.
Source: Read Full Article