By Chris and Rosie
Feb 18, 2021
The Internal Revenue Service is putting a check mark next to stimulus checks. The agency announced all the first and second Economic Impact Payments it is legally permitted to send out have been distributed. Those who are eligible but haven t received a check or didn t get the full amount will need to claim it on their tax return. Some of those payments may still be in the mail. The IRS says more than 160-million checks were sent for the first round of payments and more than 147-million for the second.
According to the agency, eligible Americans who did not receive the first or second payment can claim a Recovery Rebate Credit on their 2020 tax returns, which will be on line 30 of the 2020 Form 1040 or 1040-SR.
HEADLINES & GLOBAL NEWS
By
Feb 17, 2021 11:33 PM EST
Stimulus checks to all of the eligible taxpayers it has on file have been finished being issued, according to the Internal Revenue Service (IRS). This means some Americans will be required to ask for the money when they file their tax return for last year. If you are still waiting for your $600 stimulus check, a Plan B could be necessary.
The IRS declared on Tuesday it has completed all first and second Economic Impact Payments. The Get My Payment link will not be updated for either anymore.
Haven t Received Your Stimulus Check? Here Is What to Do
House Democrats are proposing two pieces of legislation to increase taxes on high earners and corporations and provide more funding for the Internal Revenue Service.