Millions of people are exempt fromeach year due to their income or because they’re part of a federal program, like . These folks are considered nonfilers by the IRS, and if you’re one of them, how does that affect of your for up to ? What can you do to from the , and are you affected by any changes to the ?
If it’s been a while since you— or you never have — this year is especially complicated. To claim new or missing stimulus money, you may need to , especially if you have new , like a (the tax deadline has been ). We’ll also help explain — maybe there was a error, you , a was left out or your payment was . There’s a possibility you’ll need to .
Iffor the second payment as a nonfiler, you’ll likely get the third stimulus check. Here’s and when it’s on the way. (Here’s what we know about a and how you may also be eligible for a per .) This story was recently updated with new information.
How a third stimulus check works for nonfilers
For the third round of payments, in many cases you shouldn’t need to take an additional step to receive your money if you’re part of a federal program like , because these should be issued automatically. However, if the IRS doesn’t know how many you currently have, you may need to file a free, simple tax return for 2020 so it can pay you .
If the IRS has your up-to-date 2019 records available, it’ll use those to account for payments, including anyone who used the IRS nonfiler tool (the portal is now closed) to claim a first or second stimulus check. Nonfilers who received a previous stimulus check might also get a check through (now closed), or or . Some beneficiaries of federal programs, like , may receive their stimulus money through their Direct Express card. Here’s how to .
If the IRS considers you a nonfiler, how do you claim your missing stimulus money? Is it a free process?
In the first round of stimulus checks, the IRS sent letters to 9 million nonfilers with information on how to file a claim to get their missing stimulus money. The agency instructed nonfilers to use the nonfilers tool to enter their information by Nov. 21, 2020. But if you missed the deadline, you can still claim your money as a by filing a 2020 federal income tax return — even if you usually don’t have to:
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.
If you did use the IRS nonfilers tool, you should have automatically received a second payment. If you didn’t, you can still file for that money as a Recovery Rebate Credit as well.
File for your Recovery Rebate Credit as part of a Feb. 12, and the federal tax return deadline was extended to May 17 — but you can still . (In 2020, the IRS as a result of the .)this year, even if you don’t normally do so. The IRS started processing 2020 tax returns on
To get started, most nonfilers are eligible to use the IRS’ Free File tool (if you make less than $72,000 a year, you can use it). As the name suggests, this tool lets you obtain a free federal tax return and in some cases a free state return as well. It’s available to use now.
Go to the Free File site and select Choose an IRS Free File Offer to see all of the options available, which include companies like . These programs should walk you through how to file your return and the Recovery Rebate Credit Form 1040 or Form 1040-SR, all with no costs or fees.
Nonfilers are most likely eligible to get both of last year’s stimulus checks
Most nonfilers fall below the income limits stipulated by each stimulus package and would be eligible for the full amount in each round —under the 2020 CARES Act passed in March 2020, and under the December 2020 stimulus bill. Find the .
If you receive Urban-Brookings Tax Policy Center., you should have received at least a portion of both of those stimulus checks automatically — the IRS obtained the names of Social Security recipients and SSI beneficiaries from the Social Security Administration in the spring and made the payments to them automatically, according to Janet Holtzblatt, a senior fellow at the
If either of your checks (or a portion of either) are missing, however, you’ll have to take the extra steps below.
Typical tax season protocol for nonfilers, and what’s different this year
When it comes to stimulus checks, the IRS refers to people who didn’t have to file taxes in 2018 or 2019 as nonfilers. This group includes:
- People who are part of the
- Single people under age 65 with an income of less than $12,200
- Married people under age 65 with an income of less than $24,400
- Single people age 65 or older with an income of less than $13,850
- Married people age 65 or older with an income of less than $27,000
- Veterans and Railroad Retirement beneficiaries
While young adults age 17-24 who areon someone else’s taxes don’t have to file taxes, they aren’t eligible for a first or second stimulus check due to the rules set out in the and the . (They are eligible to , however.) Find out more about .
Typically during tax season, if you’re included in any of the above groups, you don’t have to file a federal tax return. However, if you received any health care tax credits or subsidies, you’ll need to file to keep receiving them. You can also still file to get back any taxes withheld from your pay, or to claim certain refundable tax credits. That’s what you’re going to have to do this year to claim your missing stimulus money.
What is a Recovery Rebate Credit? Will it alter the amount you receive?
Ais a tax credit that will either increase the amount of your tax refund or decrease the amount of tax you owe, based on how much of your stimulus funds the IRS still owes you.
File for your missing money from the first and/or second stimulus on the 2020 Form 1040 or Form 1040-SR. The tax return instructions include a worksheet to figure out the amount of any Recovery Rebate Credit for which you’re eligible, according to the IRS. However, this worksheet requires you to know the amounts of your stimulus payments. CNET’s and can provide an estimate.
Find out the IRS’ official total for you in two ways:
- IRS letters: You should have received IRS Notice 1444 for the first stimulus payment, and you should receive Notice 1444-B for the second. Hold onto those letters, because you’ll need the information for the Recovery Rebate Credit worksheet or any you use. If you .
- Your online tax account: In the coming weeks, if you have an account on IRS.gov/account, you’ll be able to log in and see the amounts of the stimulus payments you were allotted.
What’s the timeline for receiving your stimulus payment after you file for a Recovery Rebate Credit?
The IRS started processing 2020 tax returns on Feb. 12 but 2020 tax form and submitted it in February or early March, you can to see if it’s been processed. It isn’t certain what the IRS’ revised timeline is for processing tax returns submitted in mid-March and beyond.and focused on instead. If you filed for a as part of a
For more, here’s what we know so far about, and .