We all hoped for a better 2022, right? The pandemic has almost ended and yet somehow everything is still on fire. And because of the inflation, Congress won’t be eager to give out any more free money. Despite everything, you might still have a chance! Stimulus cash is coming for you when you file your 2021 tax return.
The $1,400 stimulus check that went out in the 2021 spring period was an advance on a temporary 2021 tax credit. This means your tax situation changed during the year, so you could get stimulus money only if your 2021 return shows that you’re suitable. Who is actually qualified for the stimulus payments? If you are a U.S citizen and you are not dependent on another taxpayer, you can benefit from the full third stimulus payment.
For a better explanation of what stimulus is: the 2021 tax season gives you an opportunity to request the payments if you never received a check for which you were suitable, or if the circumstances have changed, and at this very moment you are actually qualified for the money.
If your adjusted gross income doesn’t exceed $150,000 you will benefit from the $1,400 Stimulus Check! You should also know that there’s no age limit for the third stimulus check.
We will give you 6 reasons you could get a stimulus check when you file taxes.
