Thousands more Americans could claim the $1,400 stimulus payment tomorrow when the IRS begins accepting 2021 tax returns.
Eligible Americans do not receive stimulus test cash in the spring, but meet the income requirements, may claim when they file their taxes.
It comes after struggling Americans were able to start signing up for $660 monthly payments last week.
This applies to 110 eligible families in Shreveport, Louisiana, who (if selected) will receive these payments for 12 months.
Specifically, Shreveport is becoming the latest city to launch a general basic income programs, which are payments targeted to people in need on a recurring basis.
To receive the payments, a city resident must be a single parent with an income 120% less than the federal poverty level.
Read our stimulus check live blog for the latest news and updates…
Covid-19 and tax season
“The pandemic continues to create challenges, but the IRS reminds people that there are important steps they can take to help ensure their tax returns and refunds don’t experience delays in the process. handling,” said IRS Commissioner Chuck Rettig.
Avoiding paper returns will be more important than ever this year to prevent processing delays, says Rettig.
The final round of the Golden State stimulus test is now distributed
Over 180,000 won stimulus checks worth about $127 million was sent to California on January 11.
The checks were sent by zip code.
Omicron renews test call
On November 26, the World Health Organization designated Omicron as a variant of Covid-19 and labeled it a “very high” global risk.
On November 30, Federal Reserve Chairman Jerome Powell warned Congress that the new variant could have a negative impact on the economy.
“The recent increase in COVID-19 cases and the emergence of the Omicron variant pose downside risks to employment and economic activity and increased uncertainty over inflation,” he wrote. before the hearing.
“Grower concerns about the virus could reduce people’s willingness to work in person, which will slow labor market progress and intensify supply chain disruptions.”
You may be in debt
Some of the reasons you may be owed a check are because of your family give birth in 2021, or you are living abroad.
According to the State Department, about 9 million U.S. citizens live outside of the country, meaning many can still be due to cash.
Meanwhile, there will be about 3.6 million births in 2020, with the number expected to be quite similar in 2021.
Analysts: Czechs have not gone ‘far enough’
Low-income Americans are more likely to spend their stimulus cash on bills, according to research.
And about a third of Americans reported a loss of income in the last year.
How many stimulus tests were there?
During the pandemic, three separate packages were signed into law covering stimulus checks.
The first stimulus package includes $1,200 direct payments, and the next sends $600 to Americans.
Funds to stimulate students
Hundreds of students received a surprise holiday stimulus payment is $6,300 on December 15.
Morehouse Medical School in Atlanta has given students $6,300 to pay for various expenses related to education, Atlanta Journal-Constitution reported.
The school is said to have up to 750 students enrolled.
New Mexico State’s stimulus program
A state stimulus program has been established and $5 million is set aside to deposit stimulus test for new Mexicans who is not eligible for the three federal relief payments.
https://www.the-sun.com/money/4527955/4th-stimulus-check-update-2022-automatic-direct-payment/ 4th Stimulus Test Updated 2022