Thousands remain unclaimed for the extra $500 per dependent from the first check. This is the new IRS deadline to apply.
At the end of March, the American government approved the CARES Act, the largest economic rescue in the history of the country. Through the approval of this law, several reliefs were offered to face the labor and economic crisis unleashed after the still latent outbreak of the pandemic.
Without a doubt, one of the main reliefs included in the CARES Act was the distribution of a $1,200 stimulus check through the Internal Revenue Service (IRS) plus an extra $500 per dependent, as long as citizens met the eligibility requirements.
Now, seven months after the passage of the CARES Act, the Treasury Department, in conjunction with the IRS, announced that 160 million Americans received the first stimulus check payment in a timely manner, yet a large number of citizens experienced problems, especially because the government agency did not provide them with the corresponding money per dependent.
New date to apply and how to claim it from the IRS
That’s why the IRS has extended the deadline for people who had problems with their payment to claim the money from their respective dependents. Now, the new deadline to apply for the extra $500 is November 21, 2020.
To apply for the money you have to go to the IRS’ Free File Fillable Forms site, select Get Started and create an account, of course, if you haven’t already done so. After that, you will have to follow the published instructions to complete the form.
Although a new stimulus check has not yet been approved and it appears that one will not be forthcoming in the near future, the IRS has extended the deadline for parents to claim the $500 for their children.
The IRS is allowing parents to provide their dependent children’s information until November 21 in order to get an extra $500, which they would receive in addition to their stimulus checks. Previously, the deadline had been set for Sept. 30, as reported in Pop Culture.
It should be recalled that when the CARES Act was passed, individuals received a $1,200 stimulus check, while married couples who filed jointly received $2,400.
Parents received an additional $500 for each of their dependent children. For parents who did not receive the money, they have until Nov. 21 to claim it from the IRS. They can call the IRS for assistance at 800-829-1040.