![]() The IRS is streamlining where we store information you need to file your 2021 tax return. Anyone who did not receive the full amount they are entitled to should review the payment information to determine whether they should claim the Recovery Rebate Credit for tax year 2021.įor example, parents of a child born in 2021 – or parents and guardians who added a new qualifying dependent to their family in 2021 – did not receive a third-round Economic Impact Payment for that dependent and may be eligible to receive up to $1,400 for the dependent by claiming the Recovery Rebate Credit. Most eligible people already received the full amount they are entitled to receive. Were eligible for an additional amount based on their 2020 tax return.Received a third Economic Impact Payment based on a 2019 tax return or information receive from Social Security Administration, Railroad Retirement Board or Veterans Administration, and.Plus-up payments were additional EIP 3 payments the IRS sent to people who: Letter 6475 only applies to the third round of EIP issued between March 2021 and December 2021. ![]() For married individuals filing a joint return, each spouse will receive their own letter showing half of the total amount. This letter provides the total amount of the third Economic Impact Payment and any plus-up payments received for tax year 2021. This letter helps EIP recipients determine if they’re eligible to claim the Recovery Rebate Credit on their 2021 tax year returns. ![]() The IRS began issuing Letter 6475, Economic Impact Payment (EIP) 3 End of Year, in January 2022. ![]()
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