I’m not sure if you’re aware, but you could be missing out on valuable money, juicy checks from the Internal Revenue Service (IRS) that you may not have claimed and must request RIGHT NOW if you don’t want to lose them forever. We all know that “IRS” typically means “boring,” but this is not the case, I assure you.
As of today, the IRS has over $1 billion in unclaimed tax refunds from tax year 2021. Yes, you read that correctly: a billion dollars belongs to taxpayers. If you did not file your tax return that year, you could still be eligible for some of the money.
The average amount people are passing up is around $781, but keep in mind that this is in addition to any other credits you may be able to claim.
Claim this tax refund before March 15, or the IRS will take it away from you forever
The key detail here is the deadline, which expires soon, to claim this money that is legally yours: you have until April 15, 2025, with no time extensions.
If you do not complete the procedure, you will lose your money. Literally. After that date, the cash automatically belongs to the US Treasury, and you will not be able to obtain it back. The good news is that if you haven’t already filed your 2021 return, you still have time.
Find your papers, check for missing items, and move. The IRS provides online guides to assist you, but if you’re stuck, an accountant can help.
Other stimulus checks were issued during Donald Trump’s first administration, during the COVID-19 pandemic, but thousands of people in the United States never claimed them.
The IRS is looking for those who are missing, and if you did not file your 2021 return, you may be on the list of those who have yet to receive their share. So far, there are two checks with your name on them, and you may not have even realized you needed to cash them!
How to claim the 2021 $1,400 stimulus check?
The situation is as follows: if you did not receive one or more stimulus payments (including the well-known EIP), you are eligible for the Recovery Refund Credit.
The maximum amount is $1,400 per person, depending on your circumstances. The IRS has already distributed almost everything, but if you fall into this category, you can still access the system. Of course, the deadline remains the same: April 15, 2025.
Finding out if you apply is simple: if you haven’t already filed your 2021 taxes, start there. If you have already submitted them but have not claimed the credit, check to see if you are eligible. The IRS page includes tools for verifying your eligibility. And if you don’t understand something, don’t worry: contact customer service or a professional.
DOGE Dividends: What do we know about the proposed $5,000 stimulus payments to Trump?
Now, let’s talk about something that’s been going around online: the idea that the government could send $5,000 checks thanks to savings from a specific Department of Government Efficiency (DOGE). Donald Trump proposed distributing savings as a dividend to citizens.
According to James Fishback of Azoria Partners, the situation would be as follows: if DOGE saves 2 billion (yes, with a b), 20% of that would be enough to pay $5,000 per house. Sounds good, doesn’t it? But…
Here’s the big but: this is only a proposal. It’s not a law, there are no specific dates, and it’s unclear whether DOGE exists as a legitimate entity. Trump mentioned it, Fishback explained it on FOX News, and a website (mydogedividend.com) exists, but there have been no official updates.
We will be on the lookout for more information and will assist you in determining whether you are eligible to receive the $5,000 if the plan is carried out.
Also See:- New ssdi Benefits to Get Their Last March Payment, With Extra 2.5% Included
