A stimulus check is a direct payment issued by the U.S. government to eligible individuals during economic hardship. To qualify, you must meet income limits, have a valid Social Security number, and file a tax return if required.
The IRS determines eligibility based on several factors:
Stimulus checks are part of economic impact payments designed to boost consumer spending and stabilize the economy. The IRS uses your most recent tax return to determine eligibility and payment amounts. If you didn't file a tax return, the IRS may use other government records, such as those from the Social Security Administration or Department of Veterans Affairs.
Payments are typically sent via direct deposit, paper check, or prepaid debit card. The IRS sends letters confirming the payment amount and method. If you didn't receive a check, you may need to claim the Recovery Rebate Credit on your next tax return.
Many people believe they automatically qualify for a stimulus check if they receive certain government benefits. While some benefits recipients are eligible, they still need to meet the income and SSN requirements., some think that only U.S. citizens can receive payments, but legal residents with valid SSNs can also qualify.
Maria, a single filer, earned $68,000 in 2020. She filed her tax return and had a valid SSN. Since her income was below the $75,000 threshold, she qualified for a stimulus check. The IRS used her tax return to issue the payment via direct deposit.
If you believe you were eligible but didn't receive a stimulus check, you can claim the Recovery Rebate Credit on your federal tax return. This credit is available for the 2020 and 2021 tax years. You'll need to provide your AGI, SSN, and other relevant information to claim the credit.