Wondering about the progress on your IRS $1400 payment? Follow the guide to have a follow-up on the same. Here, we will discuss about IRS $1400 payment, its eligibility criteria as well and how can someone check for it. So, let’s get started with it.
What is the IRS $1400 payment?
IRS $1400 is the payment of $1400 issued as a part of the American Rescue Plan Act during the third phase of COVID stimulus checks. It was an initiative of the US government to provide financial relief to its people during the pandemic. This help emerged in three phases. They were –
- First Round with the amount up to $1200.
- Second Round with the amount up to $600.
- Third Round with the amount up to $1400.
The third round was the last round and was issued in March 2021, when the pandemic was raging.
How can I check the IRS $1400 payment?
If you haven’t already claimed it, and want to have a follow-up on the matter, here is how you can check for the IRS payment.
- Visit the official website of the IRS.
- Find the tool – “Get my payment”.
- Enter the required details it asks for, and you can track your payment status from here.
This is how you can check your IRS $1400 payment. But this can only happen if you claim the Recovery Rebate Credit by submitting it on your tax return of 2021.
How to know if I am eligible for an IRS $1400 payment?
Want to know if you are eligible for IRS $1400 payment? Go through the eligibility criteria mentioned below and confirm it with your situation.
- You must have the required income requirements, which depend on your Adjusted Gross Income. For instance, if you are a single filer and received an AGI up to $75,000 and have $80,000 phase-outs, you are eligible. If you are a married person filing jointly, you need an AGI of up to $150,000, along with phase-outs of up to $160,000. And if somebody is filing as the head of the household, the AGI must be up to $112,500, with the phase-outs up to $120,000.
- A valid “Social Security Number” is required by the person making the claim.
- Non-citizens were only eligible if they were married to a US resident.
These are the simple eligibility criteria to receive the payment. If you think that you are eligible for the claim, you should contact to IRS.
If unclaimed till now, will I get the entire amount of $1400?
It depends on various factors. It has been released that $1400 is the maximum amount that is being given to the citizens now. But it necessarily doesn’t mean $1400 only. It can be slightly less also, depending on your situation and various other factors that set you apart from the rest.
This money will be sent to the bank account, listed on the taxpayer’s return. They will also be intimated about any update if it exists regarding the same. Keep checking your mail in case you fear missing any updates.
1 million taxpayers are said to receive this amount of $1400. While some have already claimed that, the people who are left to claim due to any reason will now be transferred this amount. The ones who have claimed it won’t receive it again.
