Reminder: Handling Stimulus Checks at Tax Time

In 2021, the IRS issued more than 175 million third-round Economic Impact Payments totaling over $400 billion. As we approach the tax filing deadline, the IRS reminds us that most eligible people already received the full amount of their credit in advance and therefore, don’t need to include any information about this payment when they file their 2021 tax return. We explain.
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0:00 Stimulus and Taxes
0:52 Received less
1:06 Missing payment
1:41 Sources
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Tips from the IRS:

Read the Press Release from the IRS & Treasury:
https://www.irs.gov/newsroom/what-people-should-do-if-their-third-round-economic-impact-payments-are-missing-or-incorrect

Learn more about filing a tax return for the first time:
https://www.irs.gov/newsroom/heres-how-people-can-pay-their-federal-taxes

Taxpayers with income of $73,000 or less can file their federal tax returns electronically for free through the IRS Free File Program

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