TheĀ Internal Revenue Service (IRS)Ā is currently focusing on a stimulus check backlog which includes theĀ Plus-Up PaymentsĀ that many Americans are entitled to. There are someĀ AmericanĀ citizens who are set to receiveĀ a payment of up to $1,400 before the end of 2021 and the start of 2022Ā as part of a surpriseĀ plus-up stimulus check. These checks will be sent before… Continue reading IRS Sending Plus Up Payments To Some Taxpayers Before Year End 2021
Category: Stimulus Payment
Do you have questions about Stimulus Payments? Find the latest updates and information about Stimulus Payments and Stimulus Checks here!
October 2021 Stimulus Check Update: Some U.S. states are issuing their own stimulus checks and cash bonuses
Whether you’re in Arizona to Washington, we have you covered with this in-depth guide on the latest news concerning financial help being sent out on a state level amid the coronavirus crisis. Find out whatĀ economic helpĀ is on the way with thisĀ COVID-19 aid guide. A fourth stimulus check from the federal government does not appear likely.… Continue reading October 2021 Stimulus Check Update: Some U.S. states are issuing their own stimulus checks and cash bonuses
New stimulus payments are less than a month away… here’s who gets the money
Stimulus payments are being sent out by the federal government this fall. The next payment is scheduled to be delivered in about three weeks. The payments are part of the American Rescue Plan that President Joe Biden signed into law in March. In the middle of October, most American families will receive another payment as part of the expanded… Continue reading New stimulus payments are less than a month away… here’s who gets the money
IRS tax refund update: Faulty āmath errorā notices sent to people who claimed stimulus check credits
Remember what it felt like when your teacher marked something as āincorrectā on your homework, but then the correction itself turned out to be incorrect? Well, millions of American taxpayers may feel like theyāre in that very situation right now. The Internal Revenue Service (IRS) has issued some 5 million āmath error noticesā that neglected… Continue reading IRS tax refund update: Faulty āmath errorā notices sent to people who claimed stimulus check credits
How To Return An Improper Advance Child Tax Credit Payment
The IRS has provided instructions for returning advance child tax credit payments (CTCs) that the recipient did not qualify for or, for other reasons, wishes to return. Because of one or more of the following reasons some taxpayers who do not qualify for the 2021 advance of the CTC will get 2021 advance payments: IRS… Continue reading How To Return An Improper Advance Child Tax Credit Payment
How nonfilers can claim advance child tax credit payments
IRS clarified how individuals who are not otherwise required to file 2020 federal income tax returns can claim advance child tax credit (CTC) payments as well as stimulus payments (i.e., third-round economic impact payments, 2020 recovery rebate credit payments, and additional 2020 recovery rebate credit payments). To process these payments, the IRS needs certain information… Continue reading How nonfilers can claim advance child tax credit payments
Child Tax Credit: IRS to open portals on July 1; checks will begin July 15
The IRS will have two online child tax credit portals open by July 1. That’s where you’ll change your status and more. TheĀ child tax credit paymentsĀ are coming — the good news is 88% of American familiesĀ will qualifyĀ for at least some money. However, toĀ make sure you get the right amountĀ (and to make sure you’re not overpaid),… Continue reading Child Tax Credit: IRS to open portals on July 1; checks will begin July 15
Your Economic Impact Payment Is Available: Find Out Status
The IRS enables you to check when your 2021 Economic Impact Payment is available. The tool updates once each day, usually overnight. The IRS asks that you do not call them and encourage you to use this feature to check the status of your payment. Previous payment information is no longer available in the feature… Continue reading Your Economic Impact Payment Is Available: Find Out Status
Third stimulus payment: $1,400 or $3,600 per child? Why some are confused
Two items in the COVID relief package affect how much money the government will send parents to cover their children in 2021. Inside theĀ COVID relief packageĀ that could be voted on by the full House as early as next week, there are two different dollar amounts that involve children and their parents that people are talking… Continue reading Third stimulus payment: $1,400 or $3,600 per child? Why some are confused
If You Didnāt Get Your Economic Impact Payment, Your Joint Tax Return May Be the Reason Why
If you didnāt receive your Economic Impact Payments (EIPs) and a 2018 or 2019 joint return was filed in your name without your consent, you may be eligible to claim the Recovery Rebate Credit (RRC) on your 2020 tax return. Since the issuance of the first round of EIP, our office has been working with… Continue reading If You Didnāt Get Your Economic Impact Payment, Your Joint Tax Return May Be the Reason Why