IRS extends stimulus check deadline

November 21, 2020 Update:

Today at 3 p.m. ET is the deadline to register for stimulus checks for the millions of Americans who were eligible to receive a check but did not receive one.

If you believe that you were eligible or you think you know somebody who was eligible but did not receive a check, be sure to reach out to them today and let them know this is the last day for them to register.

Many people on this eligibility list include those with lower incomes who did not file taxes and also college students.

If you need to register, you can do that here.

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October 6, 2020 update:

About one month ago, the IRS announced it would be extending the deadline to register for stimulus checks until November 21, 2020.

So you know I only have a couple of weeks to register if you were one of the people who did not receive a stimulus check.

(It was estimated that there were around 8.7 million people who were eligible for the payments but did not receive them due to incomplete IRS records.)

Some of these people were those who did not file taxes and that had low incomes but there is also concern that many college students qualified but did not receive the payments.

 “College students in particular should be careful not to overlook these payments if they’re supporting themselves and can’t be claimed as a dependent on someone’s tax returns,” IRS Commissioner Chuck Rettig said.

“A few minutes of research could really help students.”

You may have received a letter from the IRS notifying you about your eligibility but be careful because there are a lot of scams that are going out right now.

Many of these scams come in the form of text messages and try to get you to click on some shady link so be sure to be on the lookout.

The IRS stated that they will start reaching out to people on November 10 to notify them about their eligibility.

If you need to register, you can do that here.

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October 6, 2020 update:

Yesterday, the IRS announced that it would be extending the deadline to register for stimulus checks from October 15 to November 21, 2020.

“We took this step to provide more time for those who have not yet received a payment to register to get their money, including those in low-income and underserved communities,” IRS Commissioner Chuck Rettig said.

This extension is for individuals who do not typically file a tax return which primarily consist of low income Americans who did not receive an economic impact payment.

It is estimated that there are up to 8.7 million individuals who are eligible to receive these payments but they have not received them due to incomplete IRS and Treasury Department records.

The watchdog entity known as the Government Accountability Office found that the Treasury Department and IRS still “lack updated information on how many eligible recipients have yet to receive these funds.”

“The IRS is deeply involved in processing and programming that overlaps filing seasons,” Rettig said.

“Any further extension beyond November would adversely impact our work on the 2020 and 2021 filing seasons. The non-filers portal has been available since the spring and has been used successfully by many millions of Americans.”

If you have not received a stimulus payment and you believe you’re eligible, you should head over to the IRS website and use the non-filer’s tool.

This tool is primarily intended for a couple to earn under $24,400 and individuals who earn under $12,200 as well as people who are homeless.

“Time is running out for those who don’t normally file a tax return to get their payments,” Rettig said.

“Registration is quick and easy, and we urge everyone to share this information to reach as many people before the deadline.”

H/T

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Original article

The IRS is set to send out approximately 9 million stimulus checks to Americans at the end of this month.

The recipients of these checks will be Americans who typically don’t file federal income tax returns and who have not registered to claim their stimulus checks.

These individuals who did not file a 2018 or 2019 tax return are people who have very low incomes, based on Forms W-2, 1099s and other third-party statements available to the IRS.

“The IRS has made an unprecedented outreach effort to make sure people are aware of their potential eligibility for an Economic Impact Payment this year,” said IRS Commissioner Chuck Rettig.

“Millions who don’t normally file a tax return have already registered and received a payment. We are taking this extra step to help Americans who may not know they could be eligible for this payment or don’t know how to register for one. People who aren’t required to file a tax return can quickly register on IRS.gov and still get their money this year.”

If you fall into this category, you should receive a letter from the IRS urging you to register at IRS.gov by October 15 in order to receive the payment by the end of the year.

The letter is officially known as “IRS Notice 1444-A” and these letters should start being sent out around September 24.

Individuals can receive up to $1,200, and married couples can receive up to $2,400. People with qualifying children under age 17 at the end of 2019 can get up to an additional $500 for each qualifying child.

You can read more about this here

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