|
- IRS announces special payments going this month to 1 million taxpayers . . .
The Recovery Rebate Credit is a refundable credit for individuals who did not receive one or more Economic Impact Payments (EIP), also known as stimulus payments No action is needed for eligible taxpayers to receive these payments, which will go out automatically in December and should arrive in most cases by late January 2025
- Rebate and yield reduction: Next required computation date
Treas Reg Section 1 148-3(g) An issuer may use more than one computation date in computing the rebate amount for a period When an issuer uses more than one computation date in a period for which a rebate payment is made, the rebate payment "relates" to the latest computation date the issuer used in the period
- Credits for new clean vehicles purchased in 2023 or after
You may qualify for a clean vehicle tax credit up to $7,500 if you buy a new, qualified plug-in electric vehicle or fuel cell electric vehicle
- 2021 Recovery Rebate Credit Questions and Answers
These updated FAQs were released to the public in Fact Sheet 2022-27 PDF, April 13, 2022 If you didn't get the full amount of the third Economic Impact Payment, you may be eligible to claim the 2021 Recovery Rebate Credit and must file a 2021 tax return – even if you don't usually file taxes - to claim it
- Wheres my refund? | Internal Revenue Service
See your personalized refund date as soon as the IRS processes your tax return and approves your refund See your status starting around 24 hours after you e-file or 4 weeks after you mail a paper return
- IRS revises the 2020 Recovery Rebate Credit Frequently Asked Questions
To claim the 2020 Recovery Rebate Credit you will need to: • Compute the 2020 Recovery Rebate Credit amount using the line 30 worksheet found in 2020 Form 1040 and Form 1040-SR Instructions PDF • Enter the computed amount from the worksheet onto line 30, Recovery Rebate Credit, of your 2020 Form 1040 or 2020 Form 1040-SR
- Understanding your letter 6475 | Internal Revenue Service
This letter helps EIP recipients determine if they’re eligible to claim the Recovery Rebate Credit on their 2021 tax year returns This letter provides the total amount of the third Economic Impact Payment and any plus-up payments received for tax year 2021
- Economic impact payments - Internal Revenue Service
Unclaimed stimulus payments - Dec 20, 2024: Latest news on the 2021 Recovery Rebate Credit - IRS announces special payments going this month to 1 million taxpayers who did not claim 2021 Recovery Rebate Credit; encourages non-filers about approaching deadline to claim credits The IRS has issued all first, second and third Economic Impact
|
|
|