It’s not too late to file, even though the April deadline for filing taxes has passed. If you qualify for a higher payment based on your 2021 circumstances, such as your family size or income changing, you will have an opportunity to get that additional money as a (on your tax return) when you file your taxes. It’s not too late to file your taxes for 2021 to receive any of the third payment that you didn’t get automatically. Filers can also claim the third stimulus payment using the Code for America simplified filing tool if they don’t typically file a tax return.Ģ. Filers can claim the payment, which is called a Recovery Rebate Credit, on their 2021 tax return if they didn’t already receive the full amount. The payments were an advance against a new credit for tax year 2021 and will not affect eligibility for other tax credits. The taxpayer received the payment on behalf of the dependent, although financially independent college students and young adults who are not claimed as a dependent may be eligible for their own payment. For the third round of stimulus payments, taxpayers could get payments for dependents of all ages, including children over the age of 17, college students, and adults with disabilities. The payments were $1,400 per qualifying adult ($2,800 for married taxpayers filing a joint return) and $1,400 per dependent. The third round also has different eligibility rules than the first and second rounds of payments, which were distributed earlier.īelow are ten things to know about the third round of payments-including information on filing your 2021 taxes if you missed any or all of your payment:ġ. Despite wide news coverage about these payments, many have questions about who’s eligible and how to receive them. One component of the package is a third round of stimulus payments. On March 11, 2021, President Biden signed the American Rescue Plan into law, which provided essential financial relief to individuals and families along with COVID-19 relief to states and localities. Note: This post has been updated to reflect how people can still claim the 2021 stimulus payments if they haven’t received them-even though the standard timeframe for filing 2021 tax returns has passed. For forms and publications, visit the Forms and Publications search tool.>To find out the status of your third stimulus (Economic Impact Payment), use the IRS’ Get My Payment tool ( click). We cannot guarantee the accuracy of this translation and shall not be liable for any inaccurate information or changes in the page layout resulting from the translation application tool.įorms, publications, and all applications, such as your MyFTB account, cannot be translated using this Google™ translation application tool. For a complete listing of the FTB’s official Spanish pages, visit La esta pagina en Espanol (Spanish home page). These pages do not include the Google™ translation application. We translate some pages on the FTB website into Spanish. If you have any questions related to the information contained in the translation, refer to the English version. Any differences created in the translation are not binding on the FTB and have no legal effect for compliance or enforcement purposes. The web pages currently in English on the FTB website are the official and accurate source for tax information and services we provide. Consult with a translator for official business. This Google™ translation feature, provided on the Franchise Tax Board (FTB) website, is for general information only.
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