4. You must have a Social Security number to receive the payments
Do you remember previous rounds of stimulus payments? This time around, the payment method is different and anyone with a Social Security number can receive the payment. Unfortunately, filers with ITINs are still not able to receive the payment.
5. You increased your retirement contributions in 2021
Have you been more organized, and you increased your retirement contributions last year? If so, first of all, congratulations! Second of all, if you are a single filer who earned at least $80,000 in 2020 and your income stayed the same last year as well, you would have gotten a $950 Coronavirus check in the first round of payments. In the second round, you will get at least $350.
Do you want to save more money? It’s possible to save more money for traveling this year. You could get a $1,400 stimulus check when you file taxes!
