You might be losing out on juicy checks from the Internal Revenue Service (IRS) that you haven’t claimed, and if you don’t want to lose them forever, you should seek them NOW.
I’m not sure whether you were aware of this. We are aware that “IRS” typically connotes “boring,” but I can promise you that this is not the case.
The IRS currently has over $1 billion in unclaimed tax refunds from the 2021 tax year. You read correctly: taxpayers own a billion dollars. And part of that money might be yours if you didn’t file your taxes that year.
People typically pass up about $781, but take note that this is on top of any other credits you may be eligible for (more on that in a moment).
If you don’t claim this tax refund by March 15th, the IRS will permanently take it away
The most important information here is that you have until April 15, 2025, to claim this money that is lawfully yours; there will be no chances for an extension.
Goodbye to your money if you don’t finish the process. literally. The money automatically becomes the property of the US Treasury after that date, and no, you won’t be able to retrieve it.
Fortunately, you still have time to file your 2021 return if you haven’t already.
Locate your documents, make sure nothing is missing, and proceed. Although the IRS offers online resources to assist you, an accountant could be of assistance if you’re at a loss.
Thousands of Americans never claimed other stimulus cheques that were delivered during the COVID-19 pandemic during Donald Trump’s first administration.
If you did not file your 2021 return, you may be on the list of people who have not yet received their share, and the IRS is working to find individuals who are missing.
Your name appears on two checks thus far, and it’s possible that you were unaware that you needed to cash them.
How do I get my $1,400 stimulus cheque for 2021?
The problem is as follows: you can apply for the Recovery Refund Credit if you did not receive one or more stimulus payments (the well-known EIP).
Depending on your circumstances, each person may receive up to $1,400. Nearly everything has already been distributed by the IRS, however if you fit this description, you can still use the system. Of course, once more, April 15, 2025, is the deadline.
New Rule Starting in April: What You Need to Do to Keep Your Social Security Benefits
If you haven’t filed your 2021 taxes, start there to find out if you qualify. Verify your eligibility if you have already submitted them but haven’t claimed the credit.
There are tools on the IRS page to confirm your eligibility. Don’t worry if you don’t understand anything; you may speak with an expert or phone their customer support.
What is known about the projected $5,000 stimulus payments to Trump via DOGE Dividends?
Let’s now discuss a topic that has been making the rounds on the internet: the notion that the government could deliver checks for $5,000 because of the savings made by a certain Department of Government Efficiency (DOGE).
It all began when Donald Trump proposed giving citizens a dividend from some of these alleged savings.
IRS to Issue New Stimulus Check in 2025 – Here’s How to Apply Before April 15th
The situation would be as follows, according to James Fishback of Azoria Partners: 20% of DOGE’s $2 billion (yes, with a b) savings would cover a check for $5,000 each home. Doesn’t it sound good? However…
The major but is that this is only a suggestion. There are no set dates, it’s not a law, and it’s unclear even if DOGE is a legitimate organization.