IMPORTANT INFO on Stimulus Checks

There is a lot of information on the IRS site for different circumstances.  The most straightforward path is tied to filing 2019 taxes.  If you were not claimed as a dependent on a parent or guardian’s 20199 taxes, you are likely eligible for the stimulus payment.  There are different ways of receiving the payment: electronic deposit, check, bank card or income tax credit.

Payments are automatic for eligible taxpayers who filed a 2019 tax return.  Payments are also automatic for anyone who successfully registered for the first payment online at IRS.gov using the agency’s Non-Filers tool by November 21, 2020 or who submitted a simplified tax return that has been processed by the IRS.  

Payments are sent to the address on your tax return, which is a problem for individuals who move around a lot or did not file a tax return.  If you did not get the first stimulus check you can still request it.

Eligible individuals can claim the Recovery Rebate Credit on their 2020 Form 1040 or 1040-SR when filing 2020 taxes.  These forms can also be used by people who are not normally required to file tax returns but are eligible for the credit.  Generally, this credit will increase the amount of your tax refund or lower the amount of the tax you owe.

Generally, you are eligible to claim the Recovery Rebate Credit, if you were a U.S. citizen or U.S. resident alien in 2020, are not a dependent of another taxpayer for tax year 2020, and have a social security number valid for employment that is issued before the due date of your 2020 tax return (including extensions).

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