Here are the tools the Federal government has provided to try and remedy these terrible situations.
With nearly one hundred sixty million coronavirusstimulus checks already sent out to cash-starved Americans, there are certainly bound to be a few that didn’t reach their intended destination.
Those with the unfortunate situation of having their stimulus payments stolen or just plain lost can still try to claim the money that they’re entitled to from the U.S. government.
The Internal Revenue Service, fortunately, has a set of procedures that can help in that quest.
For this particular tax season, a Recovery Rebate Credit has been added to all returns, so that people mired in this particular situation can eventually get their hands on the overdue payments.
Under the $1.9 trillion American Rescue Plan, the Internal Revenue Service and U.S. Treasury announced via their latest update that one hundred fifty-six million coronavirusstimulus checks have been disbursed to cash-strapped Americans.
While millions of Americans already have seen the payments direct deposited into their respective accounts, there are still plenty of financially struggling taxpayers who have been left on the sidelines.
For those who fit into this unfortunate category, keep in mind that they can still try to claim the money that they’re legally entitled to from the U.S. government. For this particular tax season, a Recovery Rebate Credit has been added to all returns, so that people mired in this situation can eventually get their hands on the overdue payments.
Missing $1,400 Stimulus Check? Here’s How to Initiate an IRS Payment Trace
While millions of taxpayers already have seen the latest round of payments direct deposited into their respective bank accounts, there are still plenty of individuals who have yet to see a dime from the stimulus funds.
Even during the middle of the tax season, the Internal Revenue Service has found a way to disburse one hundred fifty-six million coronavirusstimulus checks worth $372 billion to cash-starved Americans.
While millions of taxpayers already have seen the latest round of payments direct deposited into their respective bank accounts, there are still plenty of individuals who have yet to see a dime from the stimulus funds.
If you haven’t received your second stimulus check, you may be able to track it using an IRS payment trace. First, use the IRS Get my Payment portal to see