Stimulus update: $3,200 one-time payments must be claimed before deadline in just 10 days
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Stimulus update: $3,200 one-time payments must be claimed before deadline in just 10 days
Jack Birle November 06, 05:00 AM November 06, 05:00 AMDespite there being no new coronavirus stimulus payments, millions of people are still able to receive an existing form of relief, but the time to claim the money is running out.
As many as 9 million people still have unclaimed COVID-19 stimulus payments or child tax credits, according to the Government Accountability Office. The outstanding stimulus payments can amount to as much as $3,200 for some filers.
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Those who made less than $75,000 per year or joint filers who made less than $150,000 per year were eligible for the three stimulus checks of varying amounts. Those who do not file taxes because of how little income they earn have until Nov. 15 to fill out a simplified tax return form to see whether they are eligible for any of the relief payments.
Most parents were eligible for the federal government's child tax credit, which distributed payments from July to December 2021, with the goal of the tax credit being to help people with children avoid financial difficulties and food insecurity.
Online News 72h
Congress approved three waves of a total of $931 billion worth of stimulus checks as part of relief for the coronavirus pandemic for nearly 165 million people in 2020 and 2021. Two of the stimulus check payments were signed into law by then-President Donald Trump in 2020, and the final COVID-19 stimulus bill was signed into law by President Joe Biden in March 2021.
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