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Groups of people who have not received stimulus checks and can claim them on their tax return

Groups of people who have not received stimulus checks and can claim them on their tax return

Si cumple los requisitos pero no ha recibido ninguno de los cheques de estímulo o no ha recibido el importe total, tiene opciones para reclamar.

With the Internal Revenue Service (IRS) announcement of the end of the distribution process for most of the first and second round stimulus checks , eligible Americans who missed one or both payments will be required to request payments due through a “Refund Recovery Credit” on a tax return this year.

“Most of the people who are eligible for the Refund Recovery Credit already received it up front, in these two rounds of economic impact payments. If individuals did not receive a payment, or if they did not receive the full amounts, they may be eligible to claim the Refund Recovery Credit and must file a 2020 tax return, ″ the agency detailed in a statement on its website this week. . The eligibility and amount of the Refund Recovery Credit is based on information from tax year 2020, while economic impact payments were based on information from tax year 2019. For the first economic impact payment, the 2018 return it could be used if the 2019 return was not filed or processed, ”the IRS added.

In a previous entry on IRS.gov, the agency explained that eligible individuals who did not receive the full amount of the Economic Impact Payments can claim the Refund Recovery Credit on a 2020 Form 1040 or Form 1040-SR. Part of the process, you will need to complete the Refund Recovery Credit Sheet in the instructions for Form 1040 and Form 1040-SR.

“Generally, you are eligible to claim the Refund Recovery Credit if you were a U.S. citizen or U.S. resident alien in 2020, cannot be claimed as a dependent of another taxpayer for tax year 2020, and have a tax number. Social Security valid for employment issued before the due date of your 2020 tax return (including extensions), ” the entry on the website states .

Even if you are not required to file a tax return, you can choose to fill out Form 1040 or Form 1040-SR to claim the Refund Recovery Credit.

The IRS divided into groups the people eligible to apply for the “Refund Recovery Credit” whereby not only could I request the base amount corresponding to the $ 1,200 and $ 600 stimulus checks, but also the money that was not received for minor dependents.

According to the IRS, you can apply for the tax credit if you meet some of the following requirements:

  1. If you were eligible, but did not receive any of the stimulus checks, or did not receive the full amount.
  2. Those who received less money because their adjusted gross income was too high to qualify for the full amount of the checks, but had lost income during fiscal year 2020.
  3. Who had or adopted a child under the age of 17 during fiscal year 2020.
  4. Those who were claimed as dependents in 2018 or 2019 tax returns, but who were no longer so in 2020.
  5. Those who received a Social Security number before the 2020 tax return due date.
  6. If you are part of a mixed immigration status couple and did not receive the first round of stimulus checks.
  7. If you did not receive the full amount of the checks because you filed your 2019 tax return as a qualifying widow or widower and your 2019 adjusted gross income was more than $ 75,000.

Americans ineligible to claim the credit are as follows:

  1. Who can be claimed as dependents on the 2020 tax return of other taxpayers, such as college students or seniors.
  2. Those who do not have a valid Social Security number for employment before the tax filing season expires. This does not include those who are part of a married couple with mixed immigration status.
  3. Foreigners or non-residents of the United States.
  4. Heirs or assignees.
  5. Those who died before January 1, 2020.

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