USERS who do not receive a stimulus check for $1,400 in 2021 could receive the money in the coming months if they meet the eligibility criteria from the IRS.
A group may be eligible for economic impact payments parents of infants, a total of 3.61 million in 2020 but not yet calculated for 2021.
If you gave birth in 2021 and you have claimed the child as a dependent on your 2021 tax return, you may be eligible.
The third economic impact payment was sent in early 2021, and parents with children later this year can secure $1,400 through the Cash Back Credit.
Parents who believe they are eligible should check the income eligibility requirements.
Single applicants are eligible if their adjusted gross income is less than $75,000, and couples filing jointly are eligible if their combined income is less than $150,000 in 2021.
Families with incomes above those levels may still be eligible for checks, but the amount will be reduced.
Those taxpayers are completely ineligible if they make $80,000 individually or $160,000 collectively.
This letter applies to the third economic payment released in early 2021, and parents of an infant may be eligible to receive it now.
Those who received Letter 6475 can determine how much they are entitled to by using the IRS Form 1040 Recovery Credit spreadsheet.
IRS start accepting tax returns 24th January and it usually takes 21 days for the refund to be sent via direct deposit.
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https://www.the-sun.com/money/4723701/stimulus-payment-1400-tax-refund-newborn-check/ Millions of $1,400 stimulus checks for needy Americans