If you missed the original deadline, can you get the $600 payment now?
January 16, 2021 10:51 AM Subscribe
Can someone who did not apply for or receive the $1200 original stimulus check get added to the list, or is the recovery rebate credit the only option?
I live in a neighborhood with many extremely low income neighbors. Last year, I was able to help many of them apply for the $1200 stimulus through the non-filers program. The process was quick and easy, and they got their stimulus checks deposited into CashApp if they did not have a bank account. Today, another of my neighbors asked if I could help the apply for the new $600 stimulus. They did not apply for or receive the first stimulus. The form on the IRS website I used to register non-filers last year is not available any longer. If I am reading the IRS website correctly, the only option would be for them to apply for a tax credit, which is not very useful as they have not filed taxes in years.
Does anyone with more expertise in this area know if I am interpreting this correctly? And, has anyone had any success in getting someone added to the new stimulus who did not receive the first one?
I live in a neighborhood with many extremely low income neighbors. Last year, I was able to help many of them apply for the $1200 stimulus through the non-filers program. The process was quick and easy, and they got their stimulus checks deposited into CashApp if they did not have a bank account. Today, another of my neighbors asked if I could help the apply for the new $600 stimulus. They did not apply for or receive the first stimulus. The form on the IRS website I used to register non-filers last year is not available any longer. If I am reading the IRS website correctly, the only option would be for them to apply for a tax credit, which is not very useful as they have not filed taxes in years.
Does anyone with more expertise in this area know if I am interpreting this correctly? And, has anyone had any success in getting someone added to the new stimulus who did not receive the first one?
Best answer: And you'll be able to get it all ready now thru the free turbo tax link on the IRS site-you just can't file.
posted by Mr. Yuck at 12:02 PM on January 16, 2021
posted by Mr. Yuck at 12:02 PM on January 16, 2021
Best answer: It's not a credit.
Technically it's a "refundable tax credit". It's a "refundable" credit because you can receive the money back as a tax refund when you file. This is in contrast to "non-refundable tax credits", which can reduce the amount of tax you owe as low as $0, but which the government won't cut you a check for.
posted by Johnny Assay at 12:42 PM on January 16, 2021
Technically it's a "refundable tax credit". It's a "refundable" credit because you can receive the money back as a tax refund when you file. This is in contrast to "non-refundable tax credits", which can reduce the amount of tax you owe as low as $0, but which the government won't cut you a check for.
posted by Johnny Assay at 12:42 PM on January 16, 2021
Having not filed might be some issue. If they havent worked that would be one thing. If they had worked but didnt file because they think or know they will owe, that's different. If they owe federal student loans or child support their payment could be reduced by whatever payment is behind if not all of it.
posted by The_imp_inimpossible at 4:41 AM on January 17, 2021
posted by The_imp_inimpossible at 4:41 AM on January 17, 2021
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posted by Mr. Yuck at 11:56 AM on January 16, 2021 [1 favorite]