The IRS said Tuesday that all economic impact checks in the December bill were sent to Americans. According to the IRS, 147 million checks were sent to Americans, totaling $ 142 billion.
The IRS said some incentive checks may still be mailed, but the agency was required to do all checks by Jan. 15.
Some of the checks were sent by prepaid debit card last month.
Prepaid debit cards have been sent to some of those whose bank information is not registered with the IRS. The IRS told those waiting for a paper check or debit card to keep a close eye on their correspondence.
If you did not receive an incentive check and think you were eligible for one, you may be able to apply for a “Recovery Discount Credit” on a 2020 tax return. The IRS has stated that eligibility will be based on 2020 tax information.
In order to request an incentive check through the recovery reduction credit, applicants will have to enter the amounts received from the two previous incentive checks.
For the December round of checks, Americans who made less than $ 75,000 in 2019 received a direct payment of $ 600 (couples earning less than $ 150,000 a year received $ 1,200). Household heads who earned $ 124,500 in 2019 also received the $ 600. Those who won between $ 75,000 and $ 87,000 ($ 150,000 – $ 174,000 for couples) received a proportional check. Those who won over $ 87,000 ($ 174,000 for couples) did not receive a check.
For the round of checks sent in the spring, Americans who earned less than $ 75,000 in 2018 or 2019 received a direct payment of $ 1,200 (couples who earn less than $ 150,000 a year received $ 2,400). Household heads who earned $ 124,500 in 2018 or 2019 also received a total of $ 1,200. Those who earned between $ 75,000 and $ 87,000 ($ 150,000 to $ 174,000 for couples) received a proportional check. Those who won over $ 87,000 ($ 174,000 for couples) did not receive a check.
For more information on how to claim incentive verification, click Here.
Justin Boggs is a writer for the EW Scripps National Bureau. Follow him on Twitter @jjboggs or on Facebook.