Later this month, the Internal Revenue Service will start mailing letters to roughly nine million Americans who typically don't file federal income tax returns, but who may be eligible for -- and have not registered to claim -- a federal economic impact payment.
The letters are being sent to people who haven't filed a return for either 2018 or 2019. Based on an internal IRS analysis, these are people who don't typically have a tax return filing requirement because they appear to have very low incomes, based on Forms W-2, 1099s and other third-party statements available to the IRS. But many in this group are still eligible to receive an economic impact payment (also known as an "economic stimulus payment", "COVID-19 payment", or "recovery rebate").
The letters will urge recipients to register at IRS.gov by October 15, 2020, in order to receive their payment by the end of this calendar year. Individuals can receive up to $1,200, and married couples can receive up to $2,400. People with qualifying children under age 17 at the end of 2019 can get up to an additional $500 for each qualifying child.
For more information, click here. To get an idea of what the letter will look like (so you can avoid scams), click here.
(Note: The Rhode Island Division of Taxation is providing the information above on behalf of its partner in the Security Summit, the Internal Revenue Service. The Division of Taxation does not have a role in issuing the new federal economic impact payments.)
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