Missing Recovery Rebate Credit: How to Receive Unclaimed Checks From 2020-21

The missing Recovery Rebate Credit were stimulus payments intended to be issued by the IRS. In this article, read and find out how to receive the unclaimed checks from 2020 to 2021!

The taxpayers who have not received the missing Recovery Rebate Credit from 2020 to 2021 are advised to claim the stimulus payments from the Internal Revenue Service (IRS). These stimulus payments were issued to taxpayers who earn the lowest to average incomes and may have been financially impacted by the COVID-19 pandemic.

An article on MARCA states that taxpayers should file a 2020 tax return to receive two of the missing Recovery Rebate Credit. If a taxpayer did not receive one or both stimulus payments, they are advised to file taxes again and claim the missing Recovery Rebate Credit. In addition, filing a 2021 tax return will also guarantee that the taxpayers will receive most of the amount from the Economic Impact Payment (EIP).

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How to Claim the Missing Recovery Rebate Credit

According to Washington, taxpayers who are entitled to the missing Recovery Rebate Credit should claim these stimulus payments on their 2020 or 2021 tax returns. They may receive the first and/or second EIPs or other stimulus payments for the COVID-19 pandemic. What kind of payment the taxpayers receive is based on the filing status of their tax returns and their adjusted gross income (AGI).

The first stimulus payment was worth $1,200 for individual tax filers, $2,400 for joint tax filers, and $500 per eligible dependent. The second stimulus payment was worth $600 for individual tax filers, $1,200 for joint tax filers, and $600 per eligible dependent. Lastly, the third stimulus payment was worth $1,400 for individual tax filers, $2,800 for joint tax filers, and $1,400 per eligible dependent.

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