You Can Still Pass the Incentive Test If You Have a Low Income

If you haven’t passed the coronavirus stimulus test yet, there may still be time. The IRS extended the deadline for applying for one to November 21 for “non-applicants” – those who are usually low-income or those with long-term unemployment below the income threshold required to file a tax return. According to the IRS, about 9 million Americans are qualified but have not received their checks.

“We have taken this step to provide more time for those who have not yet received registration fees to receive their money, including from low-income and underserved communities,” IRS Commissioner Chuck Rettig said in a statement .

How to use the Non-Filers tool

People who are eligible for the renewal will not file their 2018 or 2019 tax returns and will have income below $ 24,400 for married couples or $ 12,200 for a single person. Since it is usually more difficult to reach non-dealers and often have outdated contact information, the IRS created a tool for non-dealers (available in English and Spanish) to ensure that money can still be claimed. According to the IRS :

Typically married couples are eligible for a $ 2,400 benefit, while others are usually eligible for a $ 1,200 benefit. People who have children under the age of 17 can get up to $ 500 extra for each child. People can get qualifications even if they don’t have a job or a job.

The tool will ask you to register an online account, which will include a form for your personal information and the option of a direct deposit. Two weeks after registration, you can track the status of your payment using the IRS Get My Payment tool. The idea is to get your hands on the money – and you won’t be asked to pay taxes on it.

The IRS expects to make all payments by December 31, 2020, as specified in the CARES Act.

Note that a federal judge recently ruled that inmates should also be eligible for incentive scrutiny and ordered the IRS to review previously denied claims that were filed through non-filing parties on the IRS website, Newsweek reported . The IRS says it plans to appeal the decision, but it’s worth registering if you qualify.

Beware of Fraud

Make sure you visit the real IRS website before entering any personal information. Don’t click on unverified links in emails or text messages you may receive. Remember, the IRS will not call, text, write emails, or contact you on social media asking for personal or bank account information.

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