Jan 10, 2025 · The Recovery Rebate Credit is a "refundable credit for individuals who did not receive one or more Economic Impact Payments (EIP), also known as stimulus payments," …

Dec 20, 2024 · The Recovery Rebate Credit is a refundable credit for individuals who did not receive one or more Economic Impact Payments (EIP), also known as stimulus payments. No …

Dec 28, 2024 · To have been eligible for the 2021 Recovery Rebate Credit, you must: Have been a U.S. citizen or U.S. resident alien in 2021. Not have been a dependent of another taxpayer …

Dec 26, 2024 · The Recovery Rebate Credit is a "refundable credit for individuals who did not receive one or more Economic Impact Payments also known as stimulus payments," said the …

The recovery rebate credit was paid out to eligible individuals in two rounds of advance payments called economic impact payments (EIP). You may be able to take this credit only if: You are …

Jan 22, 2025 · The recovery rebate credit amounted to up to $1,400 per person when claimed on 2021 federal income tax returns. Or it was up to $2,800 for a married couple filing jointly.

Apr 13, 2022 · Your 2021 Recovery Rebate Credit will reduce any tax you owe for 2021 or be included in your tax refund. If your income is $73,000 or less, you can file your federal tax …

Apr 13, 2022 · If you didn't get the full amount of the third Economic Impact Payment, you may be eligible to claim the 2021 Recovery Rebate Credit and must file a 2021 tax return – even if you …

Dec 22, 2024 · The IRS said it’s distributing about $2.4 billion to taxpayers who failed to claim a Recovery Rebate Credit on their 2021 tax returns. People who missed one of the COVID …

Dec 23, 2024 · The Recovery Rebate Credit is a refundable tax credit provided to individuals who did not receive one or more economic impact payments — more popularly known as stimulus …