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The first type of simplified return is for anyone who isn t required to.
Didn t file tax return stimulus check. Taxpayers will need to file a 2020 federal income tax return to claim the recovery rebate credit if they didn t get the money or they received less money than they re eligible to get such as if a. If you re eligible for a stimulus check not everyone will get one the irs will grab the information it needs to process your payment from your 2018 or 2019 tax return. Angela lang cnet your federal income tax returns play a significant role in determining if you.
Why you may be missing stimulus money. If you file one of these simple returns by october 15 2020 you will receive a stimulus check before the end of the year. You ll need to file the standard 1040 federal tax return form or the 1040 sr tax return for people 65 or older to get your missing stimulus money in the form of a tax credit that will either lower the amount of tax you owe or increase the size of your refund.
The second round of stimulus checks is generally 600 for singles and 1 200 for married couples filing a joint return.
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