If you haven't received your $1,400 stimulus payment, it may be time to seek it from 2020, as over 167 million payments have been sent since March.
SSDI Payment May 2024
1400 Stimulus Payment Tracking: You may be considering whether now is the right time to act if you haven’t received your $1,400 stimulus payment yet. Over 167 million payments have been made by the IRS since March, and although fresh batches are sent out every week, some consumers may discover that their payment has vanished.
If you got a letter from the IRS saying that your payment was sent but you have not yet gotten it, it may be time to start looking for your first or second stimulus check from 2020.
There are several reasons why your payment might not have been sent or may be late. There could be a problem with the payment itself or the IRS may have wrong information, like an old billing address.
In the meantime, if you were given less than you expected, you may be able to get a “plus-up” payment, which is a change based on your most recent tax return.
. Thankfully, you can get this extra cash without filing an updated tax return.
Even though filing taxes is not normally necessary, you can request a payment trace through the IRS or apply for a recovery rebate credit to address these concerns. There are actions you may take to find your 2020 tax refund if you’re still waiting on it.
Depending on how your stimulus payment was made, there are several times when you should ask for a payment trace. You should wait at least five days after the IRS certifies that the payment was made for direct deposits.
The processing time for sent checks is longer: four weeks for checks addressed to a regular address, six weeks if the check was forwarded, and nine weeks for checks sent overseas. You might need to start a payment trace if your first or second stimulus check disappears because you won’t be able to track it using the IRS’s Get My Payment tool any more.
By providing your Social Security number, birthdate, and address in the Get My Payment service, you may find out the status of your third stimulus payment. It’s time to ask for a payment trace if the tool indicates that your money was made but you haven’t received it by the anticipated date.
Resolving an unpaid stimulus payment typically takes six weeks, however staffing shortages may cause delays. Stay informed about any updates on potential future stimulus payments and other forms of financial assistance.
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