2024 Stimulus Check: Everything You Need to Know!
Hey there! Still wondering if there are any new stimulus checks coming in 2024? You’re in the right place! We’ve gathered all the juicy details you need to know about the 2024 stimulus checks. Let’s dive in!
What is the 2024 Stimulus Check?
So, what’s the buzz about the 2024 stimulus check? The government is providing a final stimulus check of $1400 as a part of the American Rescue Plan Act. This payment is aimed to help Americans recover financially from the economic effects of the COVID-19 pandemic.
Who is Eligible for the 2024 Stimulus Check?
Great question! Not everyone qualifies for this stimulus check, but here’s the lowdown on who does:
- You must have filed a 2021 tax return with the IRS.
- Your adjusted gross income (AGI) must be below $75,000 for individual filers, $150,000 for married couples filing jointly, and $112,500 for heads of household.
- The maximum income limits are $80,000 for individuals, $160,000 for married couples filing jointly, and $120,000 for heads of household.
- Family members with a Social Security number or a valid US citizen or resident can qualify.
- You cannot be claimed as a dependent on someone else’s tax return.
How to Claim Your 2024 Stimulus Check
Ready to file? Here’s how you can get your hands on that $1400:
- File your 2021 tax return with the IRS by April 18, 2025.
- You can file online at GetYourRefund.org through to October 1, 2024.
- If you missed out, don’t worry! You have until May 31, 2024, to submit your 2021 tax return.
Common Questions About the 2024 Stimulus Check
Got questions? We’ve got answers!
What if I moved?
No problem! Just update your address on your Taxpayer Access Point (TAP) account or submit Form RPD-41260 to the Taxation and Revenue Department.
Can I still get the check if I owe back taxes?
Yes, you are still eligible, but the rebate may be used to offset any 2021 tax liabilities.
Can I claim the check for someone who has passed away?
You can file for someone who died on or after January 1, 2021.
Final Thoughts
The 2024 stimulus check is a great way for households to get some financial relief. Make sure to file your 2021 tax return if you haven’t already, update your information if needed, and stay on top of the deadlines. Got more questions? Drop them in the comments below!
Stay safe and happy filing!
Don’t forget to share this post with friends and family who might find this information useful. Let’s help everyone get the financial relief they need!
Mason Caldwell is a financial expert and writer who specializes in topics related to taxation, personal finance, and economic analysis. With extensive experience in the financial industry, Mason has contributed to numerous financial publications, sharing insights that help individuals and businesses make smarter financial decisions. Known for his ability to simplify complex financial topics, Mason’s articles are both informative and accessible to a wide audience. When he’s not writing, Mason enjoys hiking, reading historical novels, and exploring new technologies in finance.
