Stimulus Checks: Know Which families are eligible to receive $1400 in 2022?

The IRS sent out 169 million eligible Americans a third economic impact revenue on top of a tax return. But some people didn’t receive the stimulus but they can receive it now in 2022. In order to receive the stimulus check citizen must be a parent of a child who was born in 2021 or adopted a child in 2021.

In March 2021, millions of Americans received a $1400 stimulus check as a part of the American rescue plan. The IRS automatically sent out checks to eligible Americans based on their information. But many eligible citizens didn’t receive a check; anyone unaware of the tax agency would not have received a payment. But in the 2022 tax session, eligible citizens can remedy this situation by filing a tax return. This would enable them to receive a tax return on top of a $1400 stimulus check.

Filling a tax return would enable Americans to get thousands of dollars

The American rescue plan in 2021 helped millions of American households with stimulus checks and tax provisions across the United States. Many of these stimuli targeted households with dependents: the 2021 Child Tax Credit, the Child, and Dependent Care Credit, and the Earned Income Tax Credit..

But taxpayers who didn’t file a tax return, in the past three years, were left out of all three EIPs. The IRS used tax return information to send out these stimuli automatically, but they didn’t have these citizens’ information as they hadn’t filed tax returns in three years, so they were left out. Another group missing the third stimulus is parents who had a newborn or adopted a child in 2021. They will receive a $1400 payment as soon as they file a 2021 tax return, As the IRS previously didn’t have their information.

Along with the direct EIPs payment, people who file a 2021 tax return in 2022 might receive other enhanced tax provisions. Also, they might receive money owed to them by the government. This could add up to thousands of dollars in total.

The $1400 2022 Stimulus 

Families that have a newborn or an adopted child will be able to claim the amount of the third Economic Impact Payment (EIP3) they are due through the 2021 Recovery Rebate Credit.

This goes for all taxpayers who didn’t get the total amount from the direct payment scheme. Payment once they file a 2021 tax return. The IRS previously didn’t have this information in their database to send out this stimulus to all eligible citizens.

Taxpayers who haven’t yet received EIP1 and EIP2 will need to file a 2020 tax return.

To receive the stimulus check, eligible citizens (single filers) will have to make under $75000, and married couples who apply jointly will have to have a joint income of less than 150000 dollars.