IRS Plus-Up Payment Schedule: What’s the Deadline to Claim the Money in 2021? – Community News
Stimulus Check

IRS Plus-Up Payment Schedule: What’s the Deadline to Claim the Money in 2021?

Stimulus Controls have been sent to citizens in the United States during the COVID-19 pandemic, with the federal government issuing three rounds of payment that were then distributed by the IRS, which was responsible for sending what some have called a fourth stimulus check.

The plus up payments have been sent to people who have received an incentive check that was lower than they expected, and this process has been ongoing since early 2021.

Can I get a supplement?

As the IRS explains, they can “automatically send a third-party payment to people who have not filed a return but are receiving Social Security pension, survivor’s or disability benefits (SSDI), railroad retirement benefits, Supplemental Security Income (SSI), or Veterans Affairs benefits.”

They also have a lot plus up payments to people who had not yet filed a 2020 tax return but later did and were eligible based on the information provided.

In terms of what you may need to do to plus up payment, the answer is simple: file a 2020 tax return. If you’ve done this, don’t worry, because the IRS will determine your eligibility based on the numbers on the tax return.

When is the deadline?

The IRS can issue these plus up payments until December 31, this is part of the American Rescue Plan, so this means you have until the end of 2021 to file your 2020 tax return, which will then be assessed.

How many deposits have been sent?

There were “more than 900,000 of these” ‘plus up’ payments, valued at over $1.6 billion” as of July 25, but no updated figure has been provided since.

Looking back from late spring to late July, the IRS has made nine million payments totaling approximately $18.5 billion.