IRS: Your Unclaimed Stimulus Payment Could Be Arriving Soon!
Are you one of the millions of Americans who haven't yet received their stimulus payments? The IRS is working hard to get those unclaimed funds out to eligible recipients. This article will help you understand the process and what to expect if you're owed money.
What are Unclaimed Stimulus Payments?
Unclaimed stimulus payments refer to the Economic Impact Payments (EIP) from the American Rescue Plan and previous COVID-19 relief packages that haven't been claimed by eligible individuals. This could be due to several reasons, including:
- Incorrect or outdated information on file: The IRS may have had difficulty locating you due to an incorrect address or other missing information.
- Filing requirements not met: Some individuals may not have filed a tax return, making it challenging for the IRS to identify them as eligible recipients.
- Other unforeseen circumstances: Various unforeseen events may have prevented the IRS from reaching you.
How Can I Check if I Have an Unclaimed Stimulus Payment?
The IRS provides a helpful tool to check your eligibility: the IRS's Get My Payment portal. This online tool allows you to check the status of your stimulus payments and see if any are unclaimed. You'll need your Social Security number, date of birth, and street address to access this information. It's highly recommended you check this portal immediately.
What Happens if I Have an Unclaimed Payment?
If the IRS identifies you as having an unclaimed payment, they'll take steps to deliver the funds to you. This typically involves sending a check or direct deposit to the address they have on file. Ensure your address is current and accurate with the IRS.
What Should I Do if I Haven't Received My Payment?
If you believe you're entitled to a stimulus payment but haven't received it, here's what you should do:
- Check the Get My Payment portal: This is the first and most important step.
- Review your tax returns: Ensure that your tax information is accurate and complete.
- Contact the IRS directly: If you still have questions or concerns after checking the portal, contact the IRS for assistance.
Important Considerations:
- Scams: Be wary of scams related to stimulus payments. The IRS will never ask for your banking information via email or text message.
- Tax filing: Filing your tax return promptly is crucial, even if you're not expecting a refund. This helps the IRS maintain accurate records.
- Timeliness: The IRS's processing time can vary, so patience is key.
Claiming Your Money is Important:
These stimulus payments are vital financial assistance. Taking the proactive steps outlined above can significantly improve your chances of receiving the funds you're owed. Don't delay – check your eligibility today!
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