IRS Warns 1.1 Million Americans to Claim $1,400 Stimulus by April 15 Deadline
Eligible taxpayers must file their 2021 tax returns to access unclaimed Recovery Rebate Credit or risk forfeiting funds to the U.S. Treasury.
- The Recovery Rebate Credit provides up to $1,400 per individual and $2,800 for married couples filing jointly, with additional $1,400 payments for dependents.
- Eligibility is income-dependent, phasing out completely at $80,000 for single filers and $160,000 for married couples filing jointly.
- Approximately 1.1 million Americans have yet to file their 2021 tax returns, leaving over $1 billion in refunds and stimulus payments unclaimed.
- The IRS automated payments for some eligible taxpayers in late 2024, but individuals who haven’t filed must do so by April 15, 2025, to claim funds.
- Failure to meet the deadline will result in unclaimed payments reverting to the U.S. Treasury, with no extensions or additional automatic payments available.