You may have an income tax refund you need to claim from the IRS. And if it’s a refund for 2017, check now because you have 7 days to file for it before the money becomes the property of the US Department of the Treasury. The IRS estimates 1.3 million taxpayers have $1.3 billion worth of unclaimed 2017 tax refunds it is waiting to deliver. If you didn’t file a federal income tax return for 2017, you have till May
Does the IRS have an income tax refund you never claimed? If the refund is from your 2017 taxes, you have less than two weeks to file for it. After May 17, the unclaimed 2017 refunds will become the property of the US Treasury. The IRS estimates it $1.3 billion in unclaimed 2017 tax refunds for about 1.3 million taxpayers. That works out to $865 on average.
The IRS is in the middle of tax season, processing tax returns for this year, sending weekly
This week, a batch of 1.1 million stimulus check payments went out from the IRS, for more than $2 billion. But if you’re still waiting for your money, know that the IRS is not done sending this third round of checks. The IRS is now up to more than 164 million payments since March’s American Rescue Plan, for $386 billion. But the IRS is keeping to a weekly payment schedule for those who qualify for a payment, either
As the IRS continues to pay out the pandemic’s third stimulus checks, for up to $1,400, the tax agency is circling back and sending out extra money to hundreds of thousands of Americans who already received relief money in the current round.
More than 730,000 bonus checks, worth over $1.3 billion, have gone out this week. That’s on top of nearly 700,000 of what the IRS calls “plus-up payments” that were distributed last week.
Do you have more stimulus money coming? You may qualify if
In just a few months, the IRS will start sending out the expanded child tax credit payments to eligible families with qualifying dependents. If you qualify, you’ll start receiving monthly payments from July to December, per the IRS, and the rest of your money will come with your 2021 tax refund.
Payments will range between $500 and $3,600 for each dependent, depending on age (see below). And if you have
If the IRS hasn’t sent your stimulus check yet, this could be your week. A new batch of the $1,400 payments drops on Wednesday. While it’s focused in part on veterans who don’t file taxes, payments also continue to arrive in the mail. The IRS is also sending out weekly plus-up payments for people who didn’t get all the money they were owed. We’ll explain more below:
For additional information, many people who get stimulus checks could also
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