During the COVID-19 pandemic, the government issued stimulus checks to alleviate the economic crisis. In 2020 and 2021, three rounds of stimulus checks were distributed, providing significant financial relief to many people. These checks were part of the government’s financial assistance program aimed at reducing the economic difficulties faced by individuals during the pandemic. If you haven’t yet claimed your stimulus checks, there’s still a chance to do so. Here, we’ll guide you on how to claim your missed stimulus payments and explain the process in detail.
How to Claim Your Stimulus Check for 2021
In 2020, one stimulus check was issued, and in 2021, two additional checks were distributed. Recently, it was announced that claims for the 2020 stimulus checks can no longer be made as the deadline has passed. However, if you haven’t claimed the stimulus checks from 2021 yet, you can still do so through the Recovery Rebate Credit.
The Recovery Rebate Credit allows you to receive the stimulus payment as part of your tax return. If you didn’t file a tax return for the 2021 fiscal year, you could still be eligible for this rebate. Many people lost their jobs during the pandemic, which significantly reduced their income sources. If you are one of those individuals who did not file taxes for that year, this is an opportunity to claim the benefits you missed.
Who is Eligible for the Recovery Rebate Credit?
If you didn’t file a tax return for the 2021 fiscal year for any reason, or if you received less financial assistance than you were entitled to, you can apply for this rebate. To claim it, you need to file a tax return for both the 2020 and 2021 fiscal years. The final date to file for the rebate is April 15, 2025. Even if you were not required to file taxes in those years, you should still submit a tax return to claim the rebate, as it is specifically designed for individuals with lower incomes.
Also read: Social Security COLA Increase 2025: How much You Will Receive
How to File a Tax Return
You can file a tax return using the IRS’s Free File Program or any other tax filing service. Before filing, ensure you are eligible for the rebate. If you haven’t received the full amount of the rebate you’re entitled to, you can file your tax return using Form 1040 along with the Recovery Rebate Credit Worksheet.
When filing your tax return, check your IRS account to verify how much financial assistance you received in 2020, and cross-check this with Letter 6475. After verifying, upload the required documents and submit your tax return. Once processed, your return will be issued in a few days.