The article informs about the Recovery Rebate Credit, a financial support measure from the IRS for individuals who missed out on COVID-19 stimulus payments. Eligible individuals, particularly those who haven't filed their 2021 tax returns, can receive up to $1,400 per person, along with additional amounts for dependents. However, they must file by April 15, 2025, regardless of their income level. Many taxpayers might have missed claiming this credit even after filing due to IRS communication. The article cautions readers to act before the deadline to ensure they receive any due payments.
You may still be eligible to receive a check from the IRS worth $1,400 or more that was issued to most Americans during the COVID-19 pandemic.
The Recovery Rebate Credit was intended for those who, during the COVID-19 pandemic, did not receive one or more stimulus payments.
You must file even if your income from a job, business or other source was minimal or non-existent.
If you're eligible to get a payment but have closed your bank account since filing your 2023 tax return, the agency added, "the bank will return the payment to the IRS."
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