$1400 Stimulus Check Deadline: Who Qualifies?

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00 Stimulus Check Deadline: Who Qualifies?

Deadline for $1400 Stimulus Check: Numerous Americans have yet to receive their $1,400 stimulus payment from 2021, and the deadline to claim it is approaching rapidly. The Internal Revenue Service (IRS) has cautioned that individuals who missed this payment must submit their 2021 tax return by April 15 to receive the funds they are entitled to.

This payment is part of the Recovery Rebate Credit, designed to assist those who did not receive their third COVID-19 relief check under the American Rescue Plan Act of 2021. If you were eligible for the stimulus payment at that time but did not receive it, you can still claim it, provided you file your 2021 taxes before the deadline.

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What Amount Can You Receive?

The amount you can receive depends on your income from 2021:

  • Single filers earning $75,000 or less may receive the full $1,400.
  • If your income was between $75,000 and $80,000, the amount will decrease.
  • Married couples who filed jointly with an income of $150,000 or less can receive $2,800 (which equates to $1,400 per person).

Once your income exceeds these thresholds, the payment will diminish until it is completely phased out.

What Happens if You Miss the $1400 Stimulus Check Deadline?

Failing to file your 2021 tax return by April 15 means you will forfeit the opportunity to claim this money permanently. The IRS allows taxpayers three years to apply for refunds from previous years, and the window for 2021 closes this month. After that, any unclaimed stimulus funds will revert to the U.S. Treasury.

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How Will You Receive the Payment?

If you filed your 2023 taxes and included your banking information, the IRS will automatically issue your stimulus check via direct deposit or paper check. However, if you did not file your 2021 taxes or neglected to claim the credit, it’s crucial to file now before time runs out.

The IRS is urging everyone to act swiftly. If you believe you might qualify, review your records and submit your 2021 tax return as soon as possible. Once the deadline has passed, there will be no opportunity to claim this money again. To secure your $1,400 stimulus check, ensure you file before April 15.