Claiming Your Stimulus Check: Filing Requirements and Procedures

The current status of stimulus checks remains a topic of widespread interest, especially among individuals who have not filed their taxes or haven't received direct payments. This article aims to clarify the process of claiming your stimulus check if you've been previously unfiled or uncertain about your eligibility. We will discuss the importance of tax filing, the steps to follow, and the potential for receiving the Recovery Rebate Credit.

Are You Entitled to a New Stimulus Check?

The simplest answer is that you don’t automatically receive a stimulus payment if you haven’t filed your taxes or haven’t paid taxes. However, you can still claim your stimulus payment by filing a tax return and applying for the Recovery Rebate Credit. This is particularly crucial for individuals who did not file taxes in 2019 or 2020, as EIP 1 and 2 (the first and second economic impact payments) must be claimed via a 2020 tax return, while EIP 3 (the third economic impact payment) is claimed through a 2021 tax return.

Are the Stimulus Programs Still Active?

As of the latest updates, the specific programs for the first two rounds of economic impact payments (EIP 1 and 2) have essentially ended. However, individuals who have not received payments and have not filed taxes can still claim the Recovery Rebate Credit by filing a tax return. The third economic impact payment (EIP 3) was provided to those who filed for the 2021 tax year, assuming they met the eligibility criteria.

How to File a Tax Return for a Stimulus Payment

One effective method is to use a free tax filing service approved by the IRS. By doing so, you can navigate through the process as if you had income, except for the earned income section where you would enter zeros. This method helps ensure that you receive your stimulus payment directly deposited into your bank account within approximately five business days. For those who prefer a paper check, the process will take longer due to the postal service handling the distribution.

Claiming the Recovery Rebate Credit on Your 2020 Tax Return

To maximize your chances of receiving a stimulus payment, it is advisable to file your 2020 tax return and claim the Recovery Rebate Credit on line 30 of the 1040 form. This step is crucial for those who were ineligible to receive the first two rounds of stimulus payments. If you have not filed a return for 2018 or 2019, you can visit the official IRS website (Get My Payment), where you can follow the instructions provided. Additionally, claiming the credit when you file your 2020 taxes is also an option, even if the "Get My Payment" tool does not apply to your situation.

Receiving a Stimulus Payment Without a 2018 or 2019 Tax Return

Individuals who did not file taxes in 2018 or 2019 can still receive a stimulus check by following the procedures outlined on the official IRS website. However, you will need to file a return in 2021 to claim the Recovery Rebate Credit, even if you had no taxable income. This step should not be delayed until 2021, as it ensures you receive the necessary credit for your payment.

Automatic Stimulus Payments

Some individuals who have previously filed taxes or receive Social Security Administration (SSA) benefits have already received their stimulus payments. Nonetheless, if you have not received a payment, you may still be entitled to one by following the appropriate steps for filing.

Conclusion

Clarifying the process of claiming your stimulus check can be crucial for ensuring you receive the necessary funds. Whether you need to file a tax return, claim the Recovery Rebate Credit, or follow other specific procedures, staying informed and following the IRS guidelines is essential. It is also important to note that while some may advice to delay tax filings, choosing to file can often result in quicker access to stimulus payments.

For more information and resources, visit the official IRS website (IRS) or consult a tax professional for personalized advice.

Sources

This article is based on official IRS guidelines and information available on their website.