If you missed out on your 2021 stimulus payment, there’s still time to claim what you’re owed. According to USA Today, the Internal Revenue Service (IRS) is giving eligible taxpayers another chance to receive up to $1,400 through the Recovery Rebate Credit.

Are You Eligible For The Stimulus Payment?

You may qualify for this Economic Impact Payment (EIP) if you:

  • Filed a 2021 tax return but did not claim the Recovery Rebate Credit.
  • Have not yet filed your 2021 tax return but do so before April 15, 2025.

To check if you’re eligible, review your 2021 tax return. If the Recovery Rebate Credit section is blank or marked $0, you could still receive your payment.

Filing before the deadline ensures you receive not only this credit but also any additional refund you may be entitled to.

How To Claim Your Stimulus Money

For those who already filed their 2021 tax return but didn’t claim the credit, there’s nothing else to do — the IRS began automatically distributing stimulus payments in December 2024. Keep an eye out for a letter confirming your payment, which will arrive via direct deposit or paper check.

If you haven’t filed your 2021 return yet, the process is simple to possibly receive funding. However, doing this by this year’s tax deadline is paramount, so follow the step-by-step guide of the IRS website to make sure you recoup your funds.

Why Is the IRS Sending Out Payments And What Should You Do?

After reviewing tax records, the IRS found that thousands of eligible taxpayers never claimed their Recovery Rebate Credit on their 2021 returns. To correct this, the agency is now ensuring those who qualify receive the financial relief they were meant to get via a stimulus check.

Eligible taxpayers can receive up to $1,400, depending on their adjusted gross income, filing status, and whether they previously received an EIP. This stimulus opportunity is on a time crunch. If you think you qualify, take action now and secure your payment before time runs out.

For official guidance and details regarding filing instructions, visit the IRS website here.