The IRS announced that all third-round Economic Impact Payments (EIPs) have been issued. The tax agency is reminding eligible taxpayers how to claim any remaining stimulus payment they’re entitled to on their 2021 income tax returns. Parents of a child born in 2021, or for families who added a new qualifying child in 2021, who didn’t receive a third-round EIP for that child, may be eligible to receive up to $1,400 by claiming the Recovery Rebate Credit. Note that eligible taxpayers must claim the credit on their 2021 income tax returns to receive the money; the IRS won’t automatically calculate the 2021 Recovery Rebate Credit. Contact us for more information or visit: https://bit.ly/3ACtqLy
