Today, January 15, is the BIG day of the second $ 600 stimulus check | The State
The Coronavirus Relief and Response Supplemental Appropriations Act of 2021 allows less than a month for the IRS and Treasury to complete the distribution of most second round stimulus checks.
Photo:
William Thomas Cain / Getty Images
This Friday, December 15, the deadline established by law for the Internal Revenue Service (IRS) in coordination with the Treasury Department complete second stimulus check mailing to most eligible Americans.
The Coronavirus Supplemental Appropriations in Response and Relief Act of 2021 approved in the United States Congress at the end of December stipulates that by today the agencies in charge of distributing direct payments to those economically affected by the pandemic must have completed the process in the case of beneficiaries over whom they have information in your files.
So, if your stimulus check was sent this Friday, the next few days would be key to knowing if it will finally arrive or if you will have to take additional steps to claim the money.
If by the end of this month, you being eligible, do not receive the funds that correspond to you, you must request the refund through a credit on your tax return for this taxable season.
First deposits on December 29
The first direct deposits with the minimum check of $ 600 were made on December 29, as reported by his Twitter account on Secretary of the Treasury, Steven Mnuchin.
More than 100 million payments processed
Along with depositing into bank accounts to the people who provided that information to the IRS, the agencies began sending paper checks and some 8 million prepaid debit cards.
The IRS has processed more than 100 million payments, according to preliminary reports.
“Refund Recovery Credit”
In the event that January ends and you do not receive your check, the IRS option is to request the payment due through the “Refund Recovery Credit” as part of the tax return you will file this year.
The alternative also applies to recipients who received the base payment of $ 600 from the second check plus no additional funds for dependents.
The Coronavirus Response and Relief Supplemental Allowances Act of 2021 provides for payments of $ 600 per individual and $ 1,200 per couple filing jointly, plus an additional $ 600 for each minor dependent in the household.
People who have not yet received their first stimulus check can also use credit to request payment due.
.
