Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

Deadline To Claim Third Stimulus Check Is Now Just A Week Away

By Aman Jain. Originally published at ValueWalk.

Deadline to claim third stimulus check

Congress approved the third stimulus check around a year ago, but many have still not claimed their payment. If you are one of them, then you need to hurry up as the deadline to claim the third stimulus check is very close. This deadline is actually the last date to file a 2021 income tax return, but the same deadline indirectly applies to eligible taxpayers who didn’t receive the third stimulus check or may be due more money.


Q4 2021 hedge fund letters, conferences and more

When Is The Deadline To Claim Third Stimulus Check?

The American Rescue Plan approved sending up to $1,400 stimulus checks to eligible taxpayers. Most of these payments were sent automatically and were calculated using taxpayers’ most recent federal tax returns on file at the time.

So, those who don’t usually file their tax return would not have gotten the third stimulus check. There could be many reasons why they didn’t file a tax return in previous years, including their income being too low to file a tax return. Now, if they believe they are eligible for the third stimulus check, they need to file a tax return by April 18 to claim the stimulus payment.

“Like last year, there will be individuals filing tax returns who, even though they are not required to file, need to file a 2021 return to claim a Recovery Rebate Credit to receive the tax credit from the 2021 stimulus payments or reconcile advance payments of the Child Tax Credit,” the IRS says.

Additionally, those who did get the third stimulus check but are due more money, should also file a tax return by the April 18 deadline to claim the remaining amount. Taxpayers could be eligible for more money if their family size changed in 2021, or their income dropped last year.

How To Claim Third Stimulus Check?

So, those who believe they are due more money under the third stimulus check must file a 2021 tax return by April 18, even if they don’t usually file taxes. Such people will have to claim the Recovery Rebate Credit to get their money due from the third stimulus check.

If the IRS finds the taxpayer to be eligible for more money, the amount would be included in their tax refund, or it will help them to reduce their taxes.

To claim the Recovery Rebate Credit, the taxpayer requires the details that the IRS would have sent through a letter, called Letter 6475. This letter has the details of the third stimulus check, including the amount that a taxpayer would have gotten. In case you don’t have any such letter, there is no need to worry as you can get all the information from your IRS online account.

Though the deadline to claim third stimulus check or filing a federal tax return is April 18 for most taxpayers, residents of Maine and Massachusetts get one day extra. Those who are unable to file their tax return by the April 18 deadline can apply for an automatic six-month extension.

Updated on

Sign up for ValueWalk’s free newsletter here.


Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!





You must be logged in to make a comment.
You can sign up for a membership or get a FREE Daily News membership or log in

Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!