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  2. Some taxpayers to get $1,400 payments for unclaimed stimulus ...

    www.aol.com/finance/taxpayers-1-400-payments...

    The IRS will send an estimated $2.4 billion to taxpayers who didn’t claim the recovery rebate credit on their 2021 tax returns. About 1 million taxpayers were eligible for the credit but failed ...

  3. IRS sending up to $1,400 to 1 million people. Here's who ...

    www.aol.com/irs-sending-1-400-1-215256728.html

    The tax agency said it's disbursing the funds after reviewing internal data that showed many people had filed tax returns but yet didn't claim what is known as the "recovery rebate credit" in 2021.

  4. IRS says 1 million taxpayers will get up to $1,400 rebate - AOL

    www.aol.com/irs-says-1-million-taxpayers...

    The Internal Revenue Service (IRS) said around 1 million taxpayers will get up to $1,400 in a rebate in the coming weeks. The automatic payments, which are set to go out later this month, will be ...

  5. IRS sending out $2.4 billion worth of stimulus checks: Are ...

    www.aol.com/irs-sending-2-4-billion-183615644.html

    U.S. taxpayers may be in line to receive a stimulus check by the end of January if they did not claim the Recovery Rebate Credit on their 2021 tax return, the Internal Revenue Service (IRS ...

  6. Tax credit - Wikipedia

    en.wikipedia.org/wiki/Tax_credit

    A tax credit is a tax incentive which allows certain taxpayers to subtract the amount of the credit they have accrued from the total they owe the state. [1] It may also be a credit granted in recognition of taxes already paid or a form of state "discount" applied in certain cases. Another way to think of a tax credit is as a rebate.

  7. Earned income tax credit - Wikipedia

    en.wikipedia.org/wiki/Earned_income_tax_credit

    Tax credit equals $0.34 for each dollar of earned income for income up to $10,540. For income between $10,540 and $19,330, the tax credit is a constant "plateau" at $3,584. For income between $19,330 and $41,765, the tax credit decreases by $0.1598 for each dollar earned over $19,330. For income over $41,765, the tax credit is zero. [37]

  8. National fiscal policy responses to the Great Recession

    en.wikipedia.org/wiki/National_fiscal_policy...

    The United States combined many stimulus measures into the American Recovery and Reinvestment Act of 2009, a $787 billion bill covering a variety of expenditures from rebates on taxes to business investment. $184.9 billion was to be spent in 2009, and $399.4 billion was to be spent in 2010 with the remainder of the bill's appropriations spread ...

  9. Stimulus Update: 3 Things Taxpayers Need To Know To Get ... - AOL

    www.aol.com/stimulus-3-things-taxpayers-know...

    The 2020 Recovery Rebate Credit can be claimed for someone who passed away in 2020 or later. Taxpayers with income up to $75,000 ($112,500 for heads of household, $150,000 for married joint filers ...

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