The Internal Revenue Service (IRS) is reminding qualified college students that it’s not too late to register for a stimulus check. If you are a self-supporting student and don’t need to file a tax return, you have until November 21 to register to get your stimulus check (also called an Economic Impact Payment, or EIP) by…
In May of this year, the Internal Revenue Service (IRS) attempted to retroactively impose rules on stimulus checks being paid out under the CARES Act to incarcerated persons. They did so by posting an FAQ on the IRS website, claiming that, “A Payment made to someone who is incarcerated should be returned to the IRS…
Didn’t get a stimulus check this year? The Internal Revenue Service (IRS) is beginning an outreach program to Americans who typically don’t file federal income tax returns and may be eligible for an Economic Impact Payment (EIP, more commonly known as a stimulus check) but have not yet registered to receive one. As part of…
Still missing your $500 per child stimulus check? You’re not the only one. In response to complaints that check recipients are still missing out, the Internal Revenue Service (IRS) is reopening the registration period for some folks who didn’t receive those $500 per child payments earlier this year. In March of this year, the CARES Act was signed into…
Last week, the National Taxpayer Advocate promised that help was on the way for some taxpayers who had missing or incomplete stimulus check payments. Today, the Advocate delivered, explaining the kinds of problems that the Internal Revenue Service (IRS) will currently resolve, what some individuals need to do to receive a check, and how some taxpayers…
In March of 2020, the Senate passed the Coronavirus Aid, Relief, and Economic Security Act or the CARES Act. It was bigger than the original Senate proposal but smaller than the subsequent House proposal. Eventually, the two reconciled and the CARES Act became law. In May of 2020, the House introduced and passed a new COVID-19 economic relief…
Taxpayer asks: I heard that people that has never been employed or work could still get the stimulus check is that true? Taxgirl says: Yes. There is no requirement that you currently be employed or earning money to qualify for a stimulus check. Some non-filers might have overlooked registration because of confusion related to an…
Taxpayer asks: How do I sign up for the second stimulus check? Taxgirl says: Grr. There is no second stimulus check. Here’s the thing. There has been some discussion about a second stimulus check. And it was even included in the HEROES Act which passed in the House but has not even been considered in…
The Internal Revenue Service (IRS) and Treasury have announced that they have delivered nearly 130 million Economic Impact Payments (EIPs, or stimulus checks) to Americans. More are on the way. I know – and you know – that some Americans may have received a payment amount different than what they expected. The IRS has some explanations for…
The Internal Revenue Service (IRS) has issued some guidance about how to return an Economic Impact Payment (EIP) or stimulus check. That is, assuming that you want to. To be clear, the payment is NOT taxable. It will NOT negatively affect your 2020 tax return (it won’t decrease your refund or increase how much you…