Some Americans can expect a fourth stimulus check of $ 1,400 as 2022 approaches.
In order to obtain this payment, certain criteria must first be met.
Those who receive the payments are people who have acquired a new dependent in 2021 or new parents.
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About stimulus checks in 2022
Recovery rebate credit
The chance for parents and Americans to get another, or dud, $ 1,400 is thanks to the American Rescue Act.
While everyone seems to have received their stimulus checks, there have been some missed people.
This is because in some cases the IRS has based the amount it gave or not given to people on outdated 2019 tax returns.
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Some people have gained dependents or had a change in income between 2019 and 2020, which makes them eligible for payments.
The IRS did not know this, so these people can claim the stimulus check with the recovery refund credit.
To be eligible for this credit, you must earn less than $ 75,000 single or $ 150,000 married.
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Another way that people get their missed stimulus money is through supplemental payments.
These were people who were sent checks that were not correct due to information obtained by the IRS from the SSA.
The deadline to apply for this credit is December 31, 2022.