Body Did you miss the deadline to register online for the Economic Impact Payment? You may still be eligible to receive a payment in 2021 if: You did not register online, by mail and did not get a payment in 2020 or, You received a payment, but it wasn’t the full amount of the Economic Impact Payment. The maximum credit is $1,200, or $2,400 if married filing jointly, plus $500 for each qualifying child. Then: When you file a 2020 Form 1040 or 1040SR you may be eligible for the Recovery Rebate Credit. Save your IRS letter - Notice 1444 Your Economic Impact Payment - with your 2020 tax records. You’ll need the amount of the payment in the letter when you file in 2021. IRS has issued approximately 160 million Economic Impact Payments totaling over $270 billion. Under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, the IRS will continue issuing these payments during the remainder of 2020. You can check your payment status with Get My Payment here. Check Your Payment Status Use "Get My Payment" to: Check your payment has been sent Confirm your payment type: direct deposit or by mail Provide Direct Deposit Information In certain situations, Get My Payment will give you the option of providing your bank account information to receive your payment by direct deposit. For example, if your payment was sent by mail and the U.S. Post Office was unable to deliver it. Use "Get My Payment" to enter your bank account information to get your payment through direct deposit. You can check the status of your payment by using the Get My Payment application. You may see the message: “Payment Status Not Available” until the payment is scheduled to be issued. This response does not mean you’re not eligible or that you won’t receive a payment. Get My Payment The Non-Filers: Enter Your Information Here tool is now closed. If you didn’t register to receive your payment you may be able to claim the Recovery Rebate Credit when you file a tax year 2020 Form 1040 or 1040 SR. You can use the Interactive Tax Assistant Do I Need to File a Tax Return? Tool to determine if you need to file. Get more information about Economic Impact Payments and the Recovery Rebate Credit Visit our Economic Impact Payments Information Center to find answers to your questions about the Economic Impact Payment and how you may be able to can claim the Recovery Rebate Credit when you file a 2020 Form 1040 or 1040SR. IRS Partners can visit our Economic Impact Payments: Partner and Promotional Materials page for our latest products to share with clients, stakeholders, customers and constituents. Direct Deposit is the safest and fastest way to receive a payment including a tax refund. Visit the FDIC website for information on where to find a bank that can open an account online and how to choose the right account for you.
