Even if you’re a nonfiler, someone who doesn’t file taxes, this is the case for you, too. When you file your taxes this year, it’ll be time to claim any missing stimulus check money from the first two checks as a Recovery Rebate Credit.

Do you have to file taxes for missing Stimulus money?

A Recovery Rebate Credit is a tax credit that will either increase the amount of your tax refund or decrease the amount of tax you owe, based on how much of your stimulus funds the IRS still owes you. File for your missing money from the first and/or second stimulus on the 2020 Form 1040 or Form 1040-SR.

What to do if your stimulus check never arrives?

If you were eligible to receive the first or second stimulus check and it never arrived, you’ll need to claim it as a Recovery Credit Rebate on your 2020 taxes this year, even if you don’t usually file taxes. Alternatively, you may have to start an IRS payment trace.

Where does the Stimulus money go on your tax return?

Any extra stimulus money you qualify for will be reported on Line 30 of your tax return. Per the IRS, you have to file a 2020 tax return “to claim the Recovery Rebate Credit, even if they don’t usually file a tax return.”

Who are the nonfilers of the stimulus check?

When it comes to stimulus checks, the IRS refers to people who didn’t have to file taxes in 2018 or 2019 as nonfilers. This group includes :

What happens if you get a stimulus check last year?

If you got a payment last year, it won’t reduce your tax refund or increase what you owe when you file your 2020 tax return this year. The payment also doesn’t count as income for purposes of …

When to file claim for missing Stimulus money?

In the first round of stimulus checks, the IRS sent letters to 9 million nonfilers with information on how to file a claim to get their missing stimulus money. The agency instructed nonfilers to use the nonfilers tool to enter their information by Nov. 21, 2020.

What kind of tax return do you need for stimulus?

According to the information that the IRS provides, you only need to file your 2020 tax return, which is the return for last year. The reason this return is important is that it provides a way for you to claim your Recovery Rebate Credit. That’s the money you’re rightfully owed from any of the three stimulus payments.

Where can I apply for stimulus money as a non-filer?

Non-filers can complete an application on the IRS website with simple information so the agency has the most up-to-date banking details on file. [RELATED: Will people on Social Security receive coronavirus stimulus money?]