Who Gets A Third Stimulus Check Who Doesn’t
If you’re an American citizen or what’s officially called a “resident alien,” you’re probably eligible for the third stimulus payment. This includes incarcerated people and those living abroad, but not taxpayers above a certain income level.
In addition, the American Rescue Plan says people will receive “$1,400 multiplied by the number of dependents of the taxpayer for such taxable year.” Unlike with the first and second round of payments, there’s no age limit for the third stimulus check. College students and adult dependents qualify for the payments, but most won’t receive the deposits themselves. Dependent stimulus checks will be sent to the taxpayer who claims them on their returns.
Basically, anyone who’s not a nonresident alien or someone else’s dependent is eligible to get the direct payment. Deceased people and those without valid Social Security numbers for employment didn’t qualify for previous EIPs, either.
New Irs Data Reveals Who Got The Third Stimulus Check
In this April 23, 2020, file photo, President Donald Trumps name is seen on a stimulus check issued by the IRS to help combat the adverse economic effects of the COVID-19 outbreak, in San Antonio.
Eric Gay, Associated Press
- In fact, about 52% of the data of the checks specifically the checks that were sent out through June 3 as a part of the third stimulus check were to those who made less than $50,000.
- And about 10% went to Social Security, the Railroad Retirement Board, and the Department of Veterans Affairs beneficiaries, according to NJ.com.
Cities such as Washington, D.C., and New York City received a small number of payments for the third stimulus check, Bloomberg reports.
- People from Midwestern states and the West Coast, however, received the highest number of payments, according to Bloomberg.
When You Could Receive Your Stimulus Check
The administration signed the American Rescue Plan into law ahead of the deadline. That is the day when the current $300 federal unemployment benefit bonus expires. Because Biden signed the stimulus package before the weekend, direct deposits could start arriving in bank accounts by March 17, and checks could start being mailed on March 24. With the second stimulus check, direct deposits were initiated within two business days and paper checks began hitting the mail within three business days. So a similar timeline could play out this time too.
That leaves an outside chance that people start receiving money even sooner. The White House press secretary Jen Psaki stated that stimulus payments could start arriving by the weekend.
New $1400 stimulus payments could hit direct deposit accounts “as early as this weekend,” White House press secretary just announced
Bo Erickson CBS
Also Check: 4th Stimulus Check For Single Person
Do I Need A Social Security Number
- As with past stimulus payments, those without a valid Social Security number do not qualify. However, eligibility for mixed-status families has been changed. Now, dependents of any age can qualify if they have a valid SSN even if their parents do not. For example, in a household where both parents have ITINs and their children have SSNs, the children may qualify for the third stimulus check, even though the parents dont.
Who Will Receive The Third Stimulus Check This Week
IRS continues to send $1,400 in assistance.
The IRS sends weekly stimulus checks and debit cards to the millions of people who have yet to receive the $1,400 aid.
On March 24, the agency sent out an unspecified number of benefits, which began arriving in dribs and drabs a few days ago, but most will arrive this week.
Included in that package are people who did not provide their bank account number when they reported their taxes, but are easily located with their physical address.
In an additional transaction, the IRS sent nearly 30 million in aid to Social Security beneficiaries and veterans, as well as other groups that receive federal assistance but do not need to report taxes annually.
This was made possible after the Social Security Administration turned over the information to the Treasury Department and under pressure from Congressional Democrats.
The IRS will continue to mail checks and card under the American Recovery Plan this week, but the envelopes will take two weeks to arrive and, in some cases, up to three.
The agency includes people who are eligible, but had problems receiving the money in their bank account because of a number error or inactive account changed their address or made adjustments to their information.
It should be clarified that there is no formal IRS schedule as to who specifically the checks are sent to, but weekly issues are maintained.
Recommended Reading: When Do We Get The Next Stimulus Checks
What If The Irs Has The Wrong Bank Account
Unfortunately, the IRS says you can’t change the bank account it has on file for you unless you get the “Need More Information” message. The IRS is initially relying on bank account information that people gave it through a variety of ways: their 2020 tax return, their 2019 tax return if their 2020 return isn’t yet filed, information you gave the IRS on the “Get My Payment” site last year or information you entered through the “Non-filer” portal last year.
It will also tap federal agencies such as the Social Security Administration or Veteran Affairs to get bank account information for people who receive benefits through those agencies.
So what happens if your bank account changed since you provided that information to the IRS? The bad news is you may have a delay in getting your funds but you will eventually get them, the IRS insists. The agency said payments that are sent to accounts that have been closed will be returned to the tax agency. At that point, the IRS will send a payment through paper check or pre-paid debit card to your mailing address.
Didn’t Get A Stimulus Check Yet Here’s Why You Might Not Qualify
The IRS has been sending waves of third stimulus checks to over 100 million people, but there are still tens of millions who may not get it.
Katie is a Writer at CNET, covering all things how-to. When she’s not writing, she enjoys playing in golf scrambles, practicing yoga and spending time on the lake.
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Other reasons could be preventing you from getting a check, too. Here’s everything we know about who is and isn’t qualified for a $1,400 per person stimulus check. Also, here are nine unusual stimulus check facts you didn’t know. This story was recently updated.
Read Also: What’s The Update On The 4th Stimulus Checks
What If I Still Haven’t Received The First And/or Second Payment
The IRS has sent all of the first and second stimulus payments to qualifying Americans that the agency has taxpayer information for. If you believe you are eligible and didn’t receive one, or received less than you qualify for, then you will claim a Recovery Rebate Credit on your 2020 tax return. This is line 30 of your 2020 Form 1040 or 1040-SR.
On this line, you will list the difference between what you are owed and what you received . People who don’t earn enough money to file taxes will also need to file a return to get any missing payments.
Who Isn’t Eligible For The Third Stimulus Check
Besides high-income earners, the only other individuals who aren’t eligible for the stimulus check are those without Social Security numbers , those who are claimed as dependents on someone else’s tax return, and possibly those who are incarcerated.
This time, an individual who is married to an immigrant without a Social Security number can get the stimulus check, though the spouse with only an individual taxpayer identification number still will not receive a check.
What about children? Parents should get an extra $1,400 for each child that they claimed as a dependent on their 2020 tax return. This is a change from the first and second stimulus checks, where only children who hadn’t reached age 17 could qualify for the stimulus money.
What about people who don’t pay taxes? There is no requirement that you paid taxes or filed a tax return in 2020. This means that even those people whose only source of income is Social Security retirement or disability benefits, Supplemental Security Income , or veterans benefits are eligible for the $1,400 payment.
Those who receive monthly Social Security benefits, Railroad Retirement benefits, SSI, or veterans benefits should automatically receive the stimulus check whether they filed tax returns or not.
What about people receiving unemployment? Those collecting unemployment benefits are eligible to receive the stimulus payment.
Recommended Reading: When Can Social Security Recipients Expect The Stimulus Check
How Do I Get Help Filing A Tax Return To Claim My Eip
- The IRS recommends electronic filing, and we agree. It is a faster, more secure option. Paper forms will take much longer to be processed by IRS. You may qualify for free e-file software.
- You can also call the Vermont 2-1-1 hotline and follow the menu options for tax preparation. Through this service you may be able to schedule an appointment with a free Volunteer Income Tax Preparation Assistance site. These sites are staffed by trained volunteers. They provide free preparation services to taxpayers who meet eligibility requirements.
- Also, you can find Form 1040 and Form 1040 instructions on the IRS website.
How Do You Track Your Payments
You can check the status of your stimulus payment on IRS.gov using the Get My Payment tool. If you receive the notice Payment Status Not Available, it indicates one of the following situations:
- The IRS does not have enough information
- Your payment has not been processed yet
- Youre not eligible for a payment
If you believe you are eligible for a payment, check the Get My Payment tool over the coming weeks, as the IRS continues to process payments.
Read Also: Can Unemployed Get Stimulus Check
What If My Mailing Address Changed Since I Received My Previous Stimulus Checks How Will I Get My Third Stimulus Check
If you are expecting to receive your third stimulus check by mail, it will be mailed to the last address you filed with the IRS. If your address has changed since then, there are different options you can take to make sure your stimulus check gets to you:
Option 1: File your 2020 federal tax return to update your address. If you havent filed your 2020 tax return yet, this is an easy way to update your address. File a tax return with your current address and your payment will be sent through the mail once the IRS receives your updated address.
Option 2: Provide your banking information in the IRS Get My Payment tool. If the post office was unable to deliver your stimulus check, it will be returned to the IRS. Two to three weeks after the payment has been issued, Get My Payment will display the message Need More Information. You will have the option to have your payment reissued as a direct deposit by providing your banking information.
If you dont provide your banking information, the IRS will mail your payment once your address is updated.
Option 3: Notify the IRS that your address has changed by telephone, an IRS form, or a written statement. It can take 4-6 weeks for the IRS to process your request.
Why Stimulus Checks Are Still Needed
The economy shrank by 3.5 percent in 2020, the largest single-year decline since the end of World War II. Weekly unemployment figures remain historically high, with approximately 712,000 people initially applying for unemployment insurance last week. An additional 478,000 sought Pandemic Unemployment Assistance.
Approximately 20 million people were receiving unemployment benefits of one kind or another as of late February. That’s about one out of every nine workers. While the official unemployment rate is 6.2 percent, the actual rate is probably closer to 10 percent, given all the people who have dropped out of the labor force. On the bright side, employers added another 379,000 jobs last month.
An economic bounceback depends on the widespread distribution of a COVID vaccine. And efforts to inoculate the public are starting to improve. Shortages and winter weather forced some areas to temporarily close vaccination centers and scale back administering the vaccine in recent weeks. Many who qualify have faced problems in scheduling appointments. Nevertheless, Americans have received over 98 million doses, with 19.3 percent of the population having received at least one dose and 10 percent completely vaccinated. Vaccination numbers continue to increase at a rate of about 2.2 million doses per day.
Originally published at 2:46 p.m. ET on Thursday, February 11, 2021.
Recommended Reading: Third Stimulus Check File Taxes
Who Will Get A Third Stimulus Check
Those with an adjusted gross income up to $75,000 are still eligible for a full payment. But under the new law, payments phase out for individuals making more than $80,000 and couples making more than $160,000 payments previously phased out for individuals at $100,000 and couples at $200,000.
This could mean that 11.8 million fewer adults and 4.6 million fewer children will be eligible for stimulus checks, according to the Taxation and Economic Policy.
What If I Didn’t Get The Right Amount
Some people may get their checks quickly, yet discover the payment amount is incorrect that could be due to their dependents or changes in income.
The law provides $1,400 per adult and dependent, as long as the household income falls below the income threshold for eligibility. In the current bill, single people whose adjusted gross income was below $75,000 and married couples with income below $150,000 will receive their full payments, as well as their dependents. Payments decline for earnings above that, cutting off entirely for single people earning $80,000 and $160,000 for married couples.
But some people may not get the right amount, especially if they haven’t yet filed their 2020 tax returns, given that the IRS extended the tax deadline until May 17. For instance, if a family had a baby last year but hasn’t yet filed their 2020 returns, the IRS would base their payments on their 2019 returns which wouldn’t include their new baby. In that case, the family would receive $2,800 for themselves, but not the extra $1,400 for their child.
For instance, the most recent batch of checks issued this week include “plus-up” payments for people who received checks based on their 2019 tax returns but who have since filed their 2020 tax returns and are owed more. The agency said such extra payments could reflect a loss of income in 2020, which could entitle the tax filers to more stimulus money, or if they had a child last year.
Don’t Miss: How Much Was All The Stimulus Checks
Social Security Recipients To Get Third Stimulus Check This Week
Millions of seniors who didn’t file a 2019 or 2020 tax return could receive a third stimulus check this week. After receiving data from the Social Security Administration on March 25, the IRS was able to start processing third stimulus payments for approximately 30 million seniors. These people will generally get their stimulus payment in the same way they get their regular Social Security benefits. Since most of these payments will be paid electronically through direct deposits or to existing Direct Express debit cards, the funds should be available on April 7 for many seniors.
SEE MORE Third Stimulus Check Calculator
Third stimulus payments are generally based on information found on your 2019 or 2020 tax return. That’s why many people who receive Social Security benefits who filed a 2019 or 2020 return, or who used the IRS’s Non-Filers tool last year, already received a third stimulus check. However, since some Social Security recipients don’t file tax returns, the IRS didn’t have the necessary information in its computer systems to process third-round stimulus payments for them. That’s why the tax agency needed data from the SSA to send out checks to seniors who haven’t file a recent tax return.
How Do I Get Help Filing A 2020 Tax Return To Claim My Eip
The IRS recommends electronic filing, and we agree. It is a faster, more secure option. Paper forms will take much longer to be processed by IRS. You may qualify for free e-file software.
You can also call the Vermont 2-1-1 hotline and follow the menu options for tax preparation. Through this service you may be able to schedule an appointment with a free Volunteer Income Tax Preparation Assistance site. These sites are staffed by trained volunteers. They provide free preparation services to taxpayers who meet eligibility requirements.
Also, you can find Form 1040 and Form 1040 instructions on the IRS website. The instructions for the “Recovery Rebate Credit” are found on pages 57 – 59.
Also Check: Amount Of All Stimulus Checks
What To Know If You’re A Nonfiler And Don’t File Your Taxes
If you’re a nonfiler and typically aren’t required to file income taxes, you’re eligible to receive the third stimulus check. However, if you’re missing money from a previous check you may need to take an extra step to get your money by filing your taxes this year. If there’s an issue receiving some or all of a third check, it’s likely you would need to file a claim during next year’s tax season.