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You can claim your missing stimulus payment with the Recovery Rebate Credit. The IRS introduced the Recovery Rebate Credit for eligible taxpayers who did not receive first or second stimulus payment.
This credit was authorized for COVID-19 assistance under the CARES Act. It is an advanced payment which will increase your refund or lower your tax due to the IRS.
This is a common mistake when it comes to claiming a prior-year refund. We tend to forget that time moves quickly and when the deadline comes around, it becomes an unnecessarily stressful time.
Here’s how to change that.
October 15, 2018, was the e-file and extension deadline for your 2017 tax return. After this date, you’re required to paper-file your tax return. Therefore, you can no longer e-file your 2017 tax return.
Continue reading “April 15, 2021, is the Last Day to Claim Your 2017 Refund!”
Luckily for you, this is the last year to claim your 2015 refund. However, you can only claim your refund if you fit within the time-frame of the IRS’ Statute of Limitations. You have three years from the original tax deadline due date to claim a refund for your tax year.
Read on to find out what you need to do to claim your refund.
