stimulus check 2023 irs is an incentive payment that’s sent out to citizens of America for the purpose of helping them out financially. In this article, we’re going to give you all of the information you need on how to claim yours, as well as the different requirements that you have to meet in order to be eligible for it.
If you’re in need of a little extra cash, this is definitely something worth checking out! These payments typically come within 7 to 8 weeks, and you can track your progress through the “Where’s My Refund?” portal on the IRS website. You may also have the option to receive your payment by direct deposit if you’re a recipient of Social Security or Railroad Retirement benefits.
Maximizing Your Stimulus Check 2023: Tips and Strategies from the IRS
The first three rounds of these payments were part of the Coronavirus Aid, Relief, and Recovery Act passed in 2020 and 2021. These included checks of $1,200 for individuals and $500 for each qualifying child. The fourth round is based on the American Rescue Plan that Congress has passed and will include $1,400 per individual. These payments are being made to Americans who are below the income thresholds of $75,000 for individuals and $150,000 for married couples filing jointly.
To qualify, you must be a citizen or permanent resident of the United States and have a valid SSN or ITIN. You must have also filed a tax return in either 2020 or 2021. It’s important to note that a new law is needed in order for you to get this fourth stimulus payment, as the current legislation that allows for these additional payments has expired.