To help Americans face the direct impacts on their budget during the COVID-19 pandemic, the American Rescue Plan was created.
In this sense, said law approved direct payments, through stimulus checks of up to $1,400.00 USD to single taxpayers. Meanwhile, married couples who filed a tax return would get $2,800.00 USD.
But, this was not the only thing, $1,400.00 USD was also awarded for each qualifying dependent. The truth is that, if a taxpayer is missing the money today, he can still request it from the IRS website.
To do this, you must go directly to the IRS website and go to the section called “Get my payment.” Additional updates and a fact sheet are posted in this section, answering common questions.
Who is eligible?
According to the White House, they are designed only for single people who have a maximum income of $75,000.00 USD annually.
It is also available to heads of household earning no more than $112,500.00 USD and married couples filing jointly. In the case of the latter, they must not earn more than $150,000.00 USD.
Partial payments will be received by people who have incomes of up to $80,000.00 USD. Meanwhile, married couples earning more than $160,000.00 USD per year have not been eligible for this stimulus check.
According to the IRS, no tax should be paid on these stimulus checks. However, people who have some tax debt can still request this financial relief.
It is worth remembering that, to economically combat the coronavirus pandemic, the federal government authorized three stimulus checks.
The first with a value of $1200.00 USD and the second for the amount of $600.00 USD, both approved during the presidency of Donald Trump.
Finally, the third stimulus check was worth $1,400.00 USD, but was approved by the current president of the United States, Joe Biden.
