The Internal Revenue Service has announced the $1400 stimulus checks for about one million taxpayers. These checks are to provide financial assistance to the citizens who are eligible for this payment. This payment will be directly deposited into the bank accounts of eligible individuals. To learn about the $1400 stimulus checks, who can claim them, and when they will become available, read the full article given below.
IRS New Announcement About The $1400 Stimulus Check
The government of the US provided various kinds of funds to its citizens during the critical times of COVID-19. The $1400 stimulus checks are mainly for those individuals who were eligible for Economic Impact Payments but missed out on previous financial assistance of recovery rebate credit on their 2021 tax returns during the time of the COVID-19 pandemic. The IRS has targeted about $2.4 billion for all those taxpayers who were not able to receive their COVID-19 stimulus payments.
There were many people who were eligible for the benefits the government provided during the critical times of COVID-19 but were not able to receive the payments due to certain circumstances. These stimulus checks are provided for the eligible taxpayer individuals to provide them monetary support and help them cover their necessary expenses.
Key Highlights
| Particulars | Details |
| Program Name | $1400 Stimulus Check |
| Providing Authority | Internal Revenue Services (IRS) |
| Country | The United States of America |
| Government | The government of US |
| Amount | Up to $1400 |
| Payment Mode | Direct deposit or check |
| Action Needed | File a 2021 and 2023 tax return by April 15, 2025 (only if not filed previously) |
| Category | Government Aid |
| Official Website | Internal Revenue Services (IRS) |
Who Can Claim?
All those people who were eligible for Economic Impact Payments but missed out on previous financial assistance of recovery rebate credit on their 2021 tax returns during the time of the COVID-19 pandemic are eligible for this stimulus check. You can check the eligibility criteria given below:
- Missed the RRC in 2021: Many people missed the opportunity of the Recovery Rebate Credit (RRC) in 2021. If you were eligible for the stimulus check back then, you are still eligible for it and can claim it now. The RRC was for all those people who did not get one or more Economic Impact Payments.
- Tax Return Filed for 2021: To be eligible, it is compulsory for an individual to file the 2021 tax return. If you have not filed the return yet, you can still file it, as the deadline to file the tax return is April 15, 2025. After filing, you will become eligible for this benefit. The government promotes filing the tax return even for individuals with low income to make them eligible for this benefit provided by the government.
- Citizenship and Residency: To claim this stimulus check worth $1400, an individual must be a citizen or a permanent citizen of the United States of America (USA).
- Income Thresholds: The income thresholds are different for all and are mentioned below:
- Single Filers: Individuals who want to apply for the stimulus check must have Adjusted Gross Income (AGI) less than $80,000.
- Married Filing Jointly: Couples who are married must have Adjusted Gross Income (AGI) less than $160,000.
- Head of the Family: If the head of the family is applying, the Adjusted Gross Income (AGI) must be less than $112,500.
Payments Dates for the $1400 Stimulus Check
| Events | Dates |
| Approval Date | In the starting of 2025 |
| First Payment | In 2-4 weeks after the approval date |
| Paper Check | In 4-8 weeks after the approval date |
Payments Amount for the $1400 Stimulus Check
The payment amount for the $1400 stimulus checks may vary as per the guidelines of the IRS. Though the maximum payment will be $1400 per eligible individual.
You can get up to $1400 for each qualifying adult and $1400 for each eligible child or dependent adult. To qualify for this credit, according to the IRS, your Adjusted Gross Income for 2021 must have been below $80,000 for single filers or under $160,000 for those filing jointly. A family of four (two parents and two children) may be qualified to get up to $5,600 ($1,400 per individual in the family).
FAQs
Can I receive the $1400 stimulus check without filing the 2021 income tax return?
No, it is mandatory to file the 2021 income tax return to receive the $1400 stimulus check.
When is the last date to file an income tax return for 2021?
The deadline to file the income tax return is April 15, 2025.