Murphy Hokey Law

February 23, 2024

Steps must taken to receive payment of IRS Stimulus Check November

The Internal Revenue Service(IRS) can be received by the beneficiaries if they fall under those four categories which are eligible for assistance. As the fourth stimulus check anticipation is high among Americans as the December 2023 is coming. The eligible ones can check more details on IRS Tax Fourth Stimulus Checks 2023 official website at www.irs.gov.

The distribution of these stimulus checks is expected to take place within the nine states of US that confirms the participation of these states in the Economic Impact Payments program for a fourth round in November 2023. The main aim behind this is to boost the economy of US. $3,284 is going to be received by the eligible taxpayers and their dependents.

The release date is not specified by IRS but informed that the taxpayers who have submitted their taxes before July 1 have great chances of receiving their payments till November 30.

These programs is started to support the individuals who had faced some circumstances and to those who needed the most. This special group incentives ranges from $500 to $2,000.

Eligibility Criteria

There are some specific criteria which make individuals eligible to receive payments. These are-

  • Married individuals who filed jointly with a maximum AGI of $150,000.
  • Heads of households with incomes up to $112,500.
  • Single individuals with an AGI not exceeding $75,000.

If there are some uncertainty regarding fourth stimulus check’s distribution still it is needed to be informed and prepared for the eligible individuals.

According to sources, the first, second, and third Economic Impact Payments distribution is already done but the Get My Payment application which is used to track payment status is no longer available. However, individuals who did not receive the full amount can claim a Recovery Rebate Credit on their 2020 or 2021 federal tax return. The necessary information regarding accurate credit calculation can be accessed by IRS accounts online or referring to notices and letters.

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