The US government is to provide the $1400 Stimulus Checks 2024 as a part of the American Rescues Plan Act. It aims to provide much needed financial support to the US citizens. A large number of mailed payments are expected this time, which will begin processing soon. A taxpayer who does not get the direct deposit by December 2024 end should check their mail carefully in the upcoming weeks for a paper check or a prepaid check. The prepaid debit card is called the Economic Impact Payment Card.
Those getting the payment through direct depots can see the money in their account soon as compared to others. The beneficiary who wants to check the payment status can see the payment schedule through the Get My Payment tool, available on the IRS official portal. The website gets updated daily, mostly after midnight. In this article, you will find evident info on the $1400 Stimulus Checks 2024. Read it till the end.
$1400 Stimulus Check Direct Deposit
Soon millions of Americans are to get the third round of stimulus checks. Its eligibility depends on the 2019 or 2020 tax filings of the beneficiary. Even those who haven’t filed the taxes can get $1400 Stimulus Checks in December 2024 if they qualify. It includes beneficiaries who have registered for the 1st Stimulus Check from the special non filers portal the previous year, along with individuals of Social Security and other federal assistance who do not regularly file their taxes.
The purpose of this one-time payment is to help people who are having financial difficulties as a result of the economic crisis. As previously stated, you are required to submit an IRS tax return for 2021. Additionally, a household’s adjusted gross income cannot exceed $75,000 for single taxpayers, $150,000 for joint filers, or $112,500 for filers who are the household’s primary earner.
For married couples filing jointly, the maximum income is $160,000; for single people, it is $80,000; and for the primary residence of the household, it is $120,000. One cannot claim to be dependent on another person’s tax return in order to receive the check. However, you could file a declaration on behalf of a deceased person who passed away on January 1, 2021, or later.
Overview of $1400 Stimulus Check 2024
| Article On | $1400 Stimulus Check Direct Deposit |
| Department | Internal Revenue Service |
| Country | United States of America |
| Year | 2024 |
| Beneficiaries | Individuals aged above 65 years |
| $1400 Stimulus Check Payment Dates 2024 | Not Announced Yet |
| Payment Amount | USD 1400 |
| Frequency | One Time Payment |
| Category | Financial Aid |
| Official Website | irs.gov |
What is a $1400 Direct Deposit?
The $1400 Direct Deposit is intended to help qualified people facing financial difficulties. The IRS, the main federal agency is responsible for the financial aid distribution. They will be giving out this payment via direct transfer. Although the exact date of the payment is still unknown, many people expect it to be made around the last week of December 2024. It is part of the government’s continued efforts to assist those who have come across financial hardships due to the pandemic and other economic circumstances.
Eligibility for $1400 Stimulus Checks 2024
The Internal Revenue Service has set a certain condition for the $1400 Stimulus Checks 2024. It is available to citizens of the United States; they need to fulfill a few additional conditions listed below:
- An individual’s income should not exceed $75,000.
- Permanent residency is required for all United States citizens.
- You are eligible for the payments if you’re 65 years of age or older.
- Law partners who file their taxes and earn at least $150,000 a year are eligible for the $1400 Stimulus Checks 2024.
- The household head income should not be more than $125,000 and you must pay taxes.
- Without meeting any age restrictions, the disabled person is also eligible to receive a $1400 stimulus.
IRS $1400 Direct Deposit Payment Dates 2024
The $1400 Direct Deposit Payments 2024 will be disbursed by the Internal Revenue Service. The Dates of payment have not been confirmed by them. Once this program gets confirmed, they will shortly distribute the payment. The amount of the payment will change based on the IRS payment dates and methods. To claim, you must complete your application and wait for the administration to approve. To learn more about the payment distribution procedure, residents are advised to get in touch with the IRS department.
How to Claim $1400 Stimulus Checks 2024?
The eligible beneficiary can easily claim the direct deposit through the steps mentioned below:
- Firstly, go to the authorized IRS site i.e. irs.gov.
- On the home page, look for the section named the $1400 Direct Deposit 2024.
- Fill in the required form. Every info filled in it has to be correct, and all the necessary documents must be attached along with it.
- After reviewing it carefully, submit the form for $1400.
The IRS department will look into your application and process it. If all the required criteria are met, then you will get the payment after the payment is out. If you are not able to submit your application online, then you can apply in person by visiting the nearest IRS office.
| Official Website | Click Here |
| Homepage | Philtranco.net |