Hi Neighbors,
The American Rescue Plan recently authorized a third round of stimulus checks, or Economic Impact Payments (EIPs) to aid our economic recovery. No action is needed by the vast majority of taxpayers to receive their EIP, but I also recognize that the Internal Revenue Services (IRS) distribution of EIPs has not come without challenges. This has resulted in some eligible individuals missing one, two, or all three rounds of payments. That is why I want to provide you with accurate information about EIPs and the IRS’s solution to obtaining those missing payments:
What Is An Economic Impact Payment?
The bipartisan law that passed in March 2021 authorized a new round of $1,400 economic impact payments (EIP). While millions of payments have already been sent, I am hearing from folks that may have not received theirs.
If you didn’t receive your earlier $1,200 or $600 payment from 2020, or have not yet received the $1,400 from 2021, you may still be eligible. Below you will find information about how you can get yours, and what kind of help may be available.
Continue reading “Rep. Phillips: Economic Impact Payments”