Three rounds of incentive checksMillions of Americans helped deal with the crisis, according to a new government report, but there may still be 10 million people who haven’t claimed their money.
The Government Accountability Office said in a Tuesday report that about 165 million Americans were eligible for stimulus checks, totaling $931 billion in direct payments. The IRS relies on tax returns to determine eligibility and to send payments to individuals and families relying on bank account information or home addresses to mail checks.
But millions of Americans, like some very low-income adults and some seniors who only receive Social Security benefits, are not required to file taxes. The GAO said this made it difficult for the IRS to reach out when distributing stimulus checks, and so they may have missed out on receiving all of their payments.
The GAO said in the report, “Throughout the pandemic, the IRS and Treasury struggled to get COVID-relief payments into the hands of some, especially those with low incomes, limited Internet access or homelessness.” experiencing.”
There’s still time to claim
There’s some good news: There’s still time for those who missed their stimulus checks to claim them, the report said.
“Individuals with low or no income, and therefore not required to pay taxes, have until November 15 to complete a simple tax return to receive payment,” Gao said.
People still have time to claim the Extended Child Tax Credit, which was provided to eligible families last year. That credit provided up to $3,600 to families with children under the age of 17, but parents who didn’t get paid last year only have until November 15 to make a claim.
To claim a missed stimulus payment, people must visit the IRS website for “Economic Impact Payment,” the program’s official name, and follow the instructions there. You must file a simple tax return to receive the money.
Parents who still do not have the Child Tax Credit by 2021 can visit the GetCTC.org website to claim them.
However, those who are required to file taxes on account of their income and who have missed the April 15 tax filing deadline, have until October 17 to claim the payment, the GAO said. October 17, 2021 is the deadline for filing tax returns if you have requested,