At the last minute, you may finally receive your stimulus payments via direct deposit, as a paper check, or in your mail through a debit card. However, if that’s not the case for you, you and many more eligible taxpayers may be constrained to claim your fair share as a credit on your 2020 tax forms.
We know, it’s really unpleasant, but if you want the $600, here’s what you’ll have to do:
How to claim your stimulus payment
When your 2020 tax form will be in front of you, you’ll have to write the total amount of Economic Impact Payment you’ve received in 2020, as well as early 2021.
According to the IRS, all taxpayers will be given a separate worksheet on their tax return with specific instructions in order to calculate their amounts. The IRS also added that only those who have received less money should fill out the worksheet.
Here’s what you should bear in mind:
- When it comes to the first round of stimulus payments, single filers could have seen up to $1,200, as well as $500 for a qualifying child.
- Married couples filing jointly could have seen up to $2,400, plus the $500 for each qualifying child.
- For the second round of stimulus checks, single filers are receiving up to $600, while each qualifying child is getting $600.
- Now, married joint filers are getting up to $1,200, plus $500 for a qualifying child.
Every single soul out there (who’s eligible, of course) and who has received the first stimulus check and the second one or just one of the two, most likely got a letter in the mail — Notice 1444 — which states the exact amount of money.
So, if the payment was less than it should have been, or even worse, it was inexistent, claim the amount of money you’re entitled to get on your 2020 tax form.
3 thoughts on “Haven’t Received Your Stimulus Check? Here’s What You Can Do”
we have not received our second stimulus check we got first one not the second
I have not received my second stimulus check
WE HAVE NOT RECEIVED OUR STIMULUS CHECK. WE NEED IT TO PAY OUR RENT AND BUY FOOD.
WE ARE 81 AND 82 YEARS OLD