Are you eligible to receive one?

Are you eligible to receive one?

New York taxpayers, did you receive a Recovery Rebate Credit stimulus check in 2021? If not, you may receive one by the end of January. The Internal Revenue Service (IRS) recently announced that it will issue automatic payments to eligible individuals who did not claim the refund credit on their 2021 tax return.

“When we looked at our internal data, we found that one million taxpayers had failed to claim this complex credit even though they were actually eligible,” said IRS Commissioner Danny Werfel. “To minimize hassle and make this money available to eligible taxpayers, we are making these payments automatically, meaning these individuals do not have to go through the extensive process of filing an amended tax return to receive them.”

Here’s what you should know about the stimulus checks.

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