Tax Time Guide: Didn't get stimulus payments? Check eligibility for Recovery Rebate Credit
Last updated 3/9/2021 at 1:54pm
WASHINGTON – The Internal Revenue Service reminds first-time filers and those who usually don’t have a federal filing requirement to consider filing a 2020 tax return. They may be eligible to claim the Recovery Rebate Credit, a new refundable credit, authorized by the Coronavirus Aid, Relief, and Economic Security (CARES) Act and the COVID-related Tax Relief Act.
Most individuals eligible for the credit have already received the full amount in two rounds of payments, known as Economic Impact Payments. All legally permitted first and second Economic Impact Payments have been issued.