The IRS announced plans to issue automatic payments to eligible taxpayers who did not claim the Recovery Rebate Credit on their 2021 tax returns. The Recovery Rebate Credit provides up to $1,400 ...
A tax refund is a reimbursement from the government when you've paid too much in taxes during the year. Here are some options for what to do with that money.
Most likely, they didn't realize they qualified. Those who will receive this special payment either left the line for the recovery rebate credit blank on the 2021 return or filled in a $0 when ...