Stimulus update: $3,200 one-time payments must be claimed before deadline in just two days

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Stimulus update: $3,200 one-time payments must be claimed before deadline in just two days

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Although there are no new coronavirus stimulus payments being sent out, millions of people are still able to receive an existing form of relief, but the time to claim the money is running out.

Upwards of 9 million people still have not claimed COVID-19 stimulus payments or child tax credits for which they are eligible, per the Government Accountability Office. The outstanding stimulus payments can amount to as much as $3,200 for some filers.

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Those who made less than $75,000 per year or joint filers who made less than $150,000 per year were eligible for the three government-issued stimulus checks of varying amounts. Those who do not file taxes because of how small their annual income is have until Nov. 15 to fill out a simplified tax return form to see whether they are eligible for any of the relief payments.

Most parents were eligible for the government’s child tax credit, which distributed payments from July to December 2021, with the goal of the tax credit being to help people with children avoid financial problems and food insecurity.

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Three waves of a total of $931 billion worth of stimulus checks were approved by Congress as part of relief for the coronavirus pandemic for nearly 165 million people in 2020 and 2021.

Two of the stimulus check payments were signed into law by then-President Donald Trump in 2020, and the final COVID-19 stimulus bill was signed into law by President Joe Biden in March 2021.

© 2022 Washington Examiner

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