Dec 20, 2024 · The Recovery Rebate Credit is a refundable credit for individuals who did not receive one or more Economic Impact Payments (EIP), also known as stimulus payments. No action is needed for eligible taxpayers to receive these payments, which will go out automatically in December and should arrive in most cases by late January 2025.

Jan 10, 2025 · The Recovery Rebate Credit is a "refundable credit for individuals who did not receive one or more Economic Impact Payments (EIP), also known as stimulus payments," according to the IRS.

Dec 26, 2024 · The Recovery Rebate Credit is a "refundable credit for individuals who did not receive one or more Economic Impact Payments also known as stimulus payments," said the IRS.

The recovery rebate credit was paid out to eligible individuals in two rounds of advance payments called economic impact payments (EIP). You may be able to take this credit only if: You are eligible but were not issued an EIP 1, an EIP 2, or neither an EIP 1 or EIP 2, or

Apr 13, 2022 · If you didn't get the full amount of the third Economic Impact Payment, you may be eligible to claim the 2021 Recovery Rebate Credit and must file a 2021 tax return – even if you don't usually file taxes - to claim it. Your 2021 Recovery Rebate Credit will reduce any tax you owe for 2021 or be included in your tax refund.

Apr 13, 2022 · Your 2021 Recovery Rebate Credit will reduce any tax you owe for 2021 or be included in your tax refund. If your income is $73,000 or less, you can file your federal tax return electronically for free through the IRS Free File Program.

Dec 23, 2024 · The IRS said it's distributing about $2.4 billion to taxpayers who failed to claim a Recovery Rebate Credit on their 2021 tax returns.

Dec 23, 2024 · Starting this month, the agency will begin disbursing funds to eligible taxpayers who did not claim the Recovery Rebate Credit on their 2021 tax returns. The credit was designed for people who did not receive the full amount of their pandemic stimulus payments, known as Economic Impact Payments (EIPs).

Dec 22, 2024 · The IRS said it’s distributing about $2.4 billion to taxpayers who failed to claim a Recovery Rebate Credit on their 2021 tax returns. People who missed one of the COVID stimulus payments or had received less than the full amount were able to claim the credit.

Dec 26, 2024 · The IRS has news for taxpayers who may have missed out on a recovery rebate credit. This month, the agency will automatically send payments to about one million eligible individuals who didn’t...