You can still request payment of the extra $500 per dependent from the first round of the stimulus check. Here’s how to claim the money.
Last March, the U.S. government passed the CARES Act, the largest economic bailout in the country’s history, to address the labor and economic crisis unleashed by the coronavirus outbreak.
As part of the already mentioned law, the Internal Revenue Service (IRS) offered a $1,200 stimulus check to all those citizens with a valid Social Security number and annual income under $99,000; plus $500 extra per dependent (maximum three).
According to the U.S. Department of the Treasury, about 160 million citizens received the payment they were entitled to in a satisfactory manner, however, a large part of the beneficiaries did not receive the money they were entitled to per dependent, or forgot to add it to their respective tax returns.
Stimulus check: How to claim your $500 first-round payment?
That’s why the Internal Revenue Service has opened a new date to claim the money that wasn’t given to the beneficiaries in the first payment, so now those who didn’t receive the extra $500 per dependent have a deadline of September 30th to fill out the corresponding form to receive the money.
In order to claim the $500, beneficiaries must enter the ‘Non-Filers’ tool on the official IRS website, through which you will find a form in which you must update the information of your respective dependents. The money will begin to be delivered in mid-October.
It is worth mentioning that, if you don’t file the application before September 30th, you will have to wait until 2021 to claim the money in your next tax return. Also, the IRS warns against using the Non-Filers tool if you plan to file your tax return through the Oct. 15 extension, otherwise the process will be delayed.