Stimulus check update – Here’s what to do it you’re STILL waiting on $1,400 Covid payment as claim deadline looms

ABOUT 161 million stimulus checks and payments have been dispatched to Covid-hit Americans.

But thousands are yet to receive their lifeline relief cash — and here is what to do for those who are still waiting.

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The IRS is urging taxpayers who have not received the cas, or who got a less-than-expected amount, to file a federal tax return in order to claim it. 

Essentially, Americans who saw their income reduced or lost their job, or who had a child, got married or could no longer be claimed as a dependent last year, should file one as soo as possible.

This will guarantee a stimulus payment or a “plus-up” payment which are for those who did not get their entire payments from the three rounds of federal stimulus checks.

This is worth $1,200, $600 and $1,400.

Meanwhile, Americans who are owed more money have two ways to claim the funds.

One is you can get a recovery rebate worksheet to calculate how much you should receive from the original two checks.

Then, you claim that amount on Line 30 of Form 1040 and Form 1040-SR when filing your tax returns. 

And that money will arrive as part of your refund check.

If you are owed more based on your 2020 tax returns, the IRS will automatically adjust the payment after you file your returns with a “plus-up” check.

The IRS extended the traditional tax-filing deadline from April 15 to May 17 earlier this year.

This was to process a slew of pandemic-related changes to the tax code.

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But the IRS is warning that some people may receive smaller-than-expected adjustments. The agency said it would send a letter explaining any discrepancies, but noted it could cause a “slight delay in processing the return”.

But not everyone has to file a tax return. 

Those collecting federal benefits, including Social Security recipients, should receive their checks automatically.

This post first appeared on thesun.co.uk