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One taxpayer who benefitted was Ginny Bultman, 61, from Colorado. Bultman and her husband didn’t receive a stimulus payment back in 2021. After reading about the latest IRS payments, she realized she qualified for the Recovery Rebate Credit. A day later, she got her check in the mail.
The IRS is distributing about $2.4 billion to taxpayers who didn't receive their COVID stimulus payments. By the end of January, approximately 1 million taxpayers will receive special payments of ...
As many as 1 million taxpayers will receive a "special" year-end gift from the IRS as the agency deposits pandemic-era stimulus checks worth a total of $2.4 billion directly in their bank accounts ...
Stimulus payments will vary, but the maximum amount an eligible taxpayer could receive is $1,400, according to the IRS. The total estimated amount being dispersed nationwide is $2.4 billion, the ...
The IRS said Friday it is sending a total of $2.4 billion in "special payments" to 1 million people, part of an effort to ensure that Americans who didn't receive all of their federal stimulus ...
Taxpayers who have not yet filed taxes for 2021 may receive a refund if they file and claim the Recovery Rebate Credit by April 15, 2025, even if the income earned from a job, business, or other ...
The IRS offered two examples of how the phase-out works: A single taxpayer with no dependents and adjusted gross income (AGI) of $77,500 is eligible for a maximum recovery rebate credit of $700 ...
You claim your credit by filing a 2020 tax return. If eligible, you can access free tax preparation assistance through the Volunteer Income Tax Assistance and the Tax Counseling for the Elderly ...