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In this video, I show you how you can claim your stimulus money by filing your 2020 tax return. I also show many common scenarios if you are missing your stimulus entirely, got the wrong amount, or had a child in 2020 that the IRS did not know about. Leave comments down below and I will try to help you!
1:28 Add information for your stimulus
03:24 No Income / Retired
04:58 Stimulus Impact Payment Section
05:38 Scenario: No Stimulus At All
05:53 Stimulus 1 Incorrect, No Stimulus 2
07:17 Stimulus 1 Correct, No Stimulus 2
07:33 Stimulus 1,2 Wrong Amount, Missing Kid(s)
09:15 Direct Deposit, Check & Filing
Edit: Feb 4th, 2021
If you haven't gotten your stimulus by now, it's now time to claim these on your tax return. Make sure you claim the total amounts you are due. There will be questions asking you about what you received and it will calculate for you what you should have received.
Edit: Jan 15th, 2021
Make sure you wait until at least January 31st before you file in case the check comes in the mail!
1/23/2021 Update: Wait until Jan 31 before filing! It could still be in the mail! The IRS won't process your return until Feb 12th so this might save you from having to do a return!
IRS Resources:
IRS Information On Recovery Rebate Credit: www.irs.gov/newsroom/recovery...
IRS Get My Payment Tool: www.irs.gov/coronavirus/get-m...
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#stimulus2021 #stimuluschecks #howtogetyourstimuluschecks
DISCLAIMER: I am not a CFP, CPA, attorney, insurance agent, mortgage broker, or financial advisor. These videos are for educational purposes only and I am merely sharing my opinion and experiences. Please do your own research or consult a professional!
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