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2w ago

IRS Urges Final Action to Claim $1,400 Stimulus Check Before April 15 Deadline

Over 1.1 million taxpayers risk losing unclaimed funds totaling more than $1 billion if 2021 tax returns are not filed by the three-year cutoff.

An etched sign marks an entrance to the U.S. Internal Revenue Service (IRS) headquarters building on September 15, 2024, in Washington, DC.
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Many Americans may still be eligible to receive a $1,400 stimulus payout as the April 15, 2025 tax deadline approaches.

Overview

  • Taxpayers must file their 2021 tax returns by April 15, 2025, to claim the $1,400 Recovery Rebate Credit or forfeit the funds to the U.S. Treasury.
  • Eligibility includes single filers with adjusted gross incomes (AGI) up to $75,000 and joint filers up to $150,000, with payments phasing out at higher income levels.
  • The IRS previously issued $2.4 billion in automatic catch-up payments to about 1 million taxpayers who filed returns but missed the credit, but those who never filed must act now.
  • The $1,400 stimulus payment was part of the American Rescue Plan Act of 2021, designed to support economic recovery during the COVID-19 pandemic.
  • Failure to file by the April 15 deadline means over $1 billion in unclaimed funds from 2021 tax refunds and credits will revert to the U.S. Treasury.