{"id":2194091,"date":"2024-03-06T13:23:02","date_gmt":"2024-03-06T18:23:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/stimulus-update-eligible-taxpayers-have-until-may-17-to-claim-covid-check\/"},"modified":"2024-03-06T13:23:37","modified_gmt":"2024-03-06T18:23:37","slug":"stimulus-update-eligible-taxpayers-have-until-may-17-to-claim-covid-check","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/stimulus-update-eligible-taxpayers-have-until-may-17-to-claim-covid-check\/","title":{"rendered":"New deadline for COVID check claim: May 17"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fstimulus-update-eligible-taxpayers-have-until-may-17-to-claim-covid-check%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2194091&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Taxpayers\u200b Have Limited Time to Claim COVID Stimulus Checks<\/h2>\n<p>Taxpayers who have yet to file their 2020 tax\u200b returns and claim money \u200bfrom the first two COVID stimulus checks have\u200b just over two\u200c more months to do so. The Internal Revenue Service (IRS) issued a reminder of\u2063 the approaching\u2063 deadline, emphasizing that most eligible taxpayers have \u200dalready received \u2064their stimulus payments.<\/p>\n<blockquote>\n<p>&#8220;The Recovery\u2062 Rebate Credit is a refundable credit for individuals who did not receive one \u200bor more Economic Impact Payments, also known as stimulus payments, distributed \u200din 2020 and 2021.\u2062 Eligible taxpayers \u200cmust \u200cfile a tax return first\u2063 to claim a Recovery Rebate Credit, \u2064even if their income from a job,\u200d business, or \u2062other\u200c source was minimal or\u2064 non-existent,&#8221;<\/p>\n<\/blockquote>\n<p>The final \u200cdeadline for taxpayers to file a claim for a refund \u200bfor tax year 2020\u200b is May 17, three years \u2062after the regular \u200bdue date for 2020 tax\u2062 returns.<\/p>\n<p>During the coronavirus \u2064pandemic,\u2062 the IRS \u200cprovided relief to eligible taxpayers by issuing three economic \u200dimpact payments. The first \u2063payment,\u2063 authorized in March 2020, was worth \u200c$1,200 for individual filers \u200dand $2,400 for joint filers. \u200bThe second payment, authorized in December \u20632020,\u2064 was worth $600 for individual filers and $1,200 for joint filers.<\/p>\n<p>A third stimulus check, worth $1,400 for individual \u200cfilers and $2,800 for joint filers, was sent out\u200b to eligible taxpayers starting in March 2021.<\/p>\n<p>The deadline for taxpayers to claim the Recovery \u2062Rebate Credit \u200bfor tax year 2021, which includes the third stimulus payment, is April 15,\u2064 2025,\u200c three\u2064 years \u200bafter the filing deadline for 2021 returns.<\/p>\n<p> <\/p>\n<h2> What \u2062is the deadline for\u2064 taxpayers to file a claim for a refund for tax year 2020?<\/h2>\n<p><span>  Taxpayers\u200c Have Limited Time to\u2064 Claim COVID Stimulus Checks<\/p>\n<p>Taxpayers who have not yet filed their \u200b2020 tax \u200breturns \u200dand claimed money from the first\u2062 two COVID stimulus checks have \u2062just\u200d over two months left to\u2064 do so. The Internal Revenue Service (IRS) recently issued a reminder of \u2064the approaching deadline, \u200chighlighting that\u200c the majority of eligible taxpayers have already received their stimulus payments.<\/p>\n<p>&#8220;The Recovery Rebate Credit \u2062is a refundable credit\u200d for individuals who did \u200cnot receive \u200bone or more\u2063 Economic Impact Payments, also known as\u2064 stimulus payments,\u2063 distributed in 2020\u2064 and 2021. Eligible taxpayers must file a tax return first \u200din order to claim a Recovery Rebate Credit, even if their \u200cincome from a job, business, or other source\u2064 was minimal or non-existent,&#8221; stated the IRS.<\/p>\n<p>The final \u2062deadline for taxpayers to file\u200d a claim for a refund for tax year 2020 is \u2063May\u2063 17, which is three \u2062years after the\u200b regular\u200c due date\u2062 for \u200d2020 tax returns.<\/p>\n<p>Throughout the course of the coronavirus \u2062pandemic, the IRS provided relief to \u2063eligible taxpayers by issuing three economic impact payments. \u200cThe\u2063 first payment, authorized in March 2020, amounted to $1,200 for individual \u2063filers and \u2063$2,400 for joint\u2062 filers. The\u200d second \u2063payment, authorized in December 2020, was \u2063worth\u2062 $600 \u2064for\u200c individual filers and $1,200 for joint filers.<\/p>\n<p>A third stimulus\u200c check, worth\u200d $1,400 for\u2064 individual \u2064filers and $2,800 for joint filers, was \u2062sent out\u2064 to eligible taxpayers\u200b starting in March 2021.<\/p>\n<p>The deadline for taxpayers to claim \u2062the Recovery \u2064Rebate Credit for tax year 2021, which includes \u2064the third stimulus payment, is April 15, 2025, three years after the \u2063filing deadline for 2021 returns. It is important for taxpayers \u2064to be \u2063aware of these \u200cdeadlines in order to ensure they\u2064 receive \u200bthe\u200b stimulus \u200dpayments they are entitled to.<\/p>\n<p>In conclusion,\u2062 taxpayers should\u2064 act promptly\u2064 to file\u200b their 2020 tax\u2064 returns and claim \u200cany outstanding stimulus payments. With just over\u200c two months\u2062 left to do so,\u200d it is crucial for eligible individuals to meet the May 17 deadline. By filing\u2062 their tax returns, taxpayers can secure the much-needed financial support provided through\u200b the COVID\u200d stimulus checks.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Taxpayers must file 2020 tax returns within two months to claim money from the initial COVID stimulus checks. The Internal Revenue Service emphasized this deadline in a recent release, stating that eligible taxpayers should act promptly<\/p>\n","protected":false},"author":2638,"featured_media":2194092,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/wex-s3.s3.us-east-1.amazonaws.com\/wp-content\/uploads\/2024\/03\/AP21084015930007-1024x591.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-2194091","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/wex-s3.s3.us-east-1.amazonaws.com\/wp-content\/uploads\/2024\/03\/AP21084015930007-1024x591.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2194091","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2638"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2194091"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2194091\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2194092"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2194091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2194091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2194091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}