IR-2022-19: All third Economic Impact Payments issued

The Internal Revenue Service announced today that all third-round Economic Impact Payments have been issued and reminds people how to claim any remaining stimulus payment they’re entitled to on their 2021 income tax return as part of the 2021 Recovery Rebate Credit.

Parents of a child born in 2021 – or parents and guardians who added a new child to their family in 2021 – did not receive a third-round Economic Impact Payment for that child and may be eligible to receive up to $1,400 for the child by claiming the Recovery Rebate Credit.

While some third-round Economic Impact Payments may still be in the mail, the IRS is no longer issuing first-, second-, or third-round Economic Impact Payments.

Eligible parents of children born in 2021 and families that added dependents in 2021 should claim the 2021 Recovery Rebate Credit

Some families and individuals may not have received the full amount of their third-round Economic Impact Payment because their circumstances in 2021 were different than they were in 2020. These families and individuals may be eligible to receive more money by claiming the 2021 Recovery Rebate Credit on their 2021 income tax return:

Avoid processing delays when claiming the 2021 Recovery Rebate Credit

• To claim the 2021 Recovery Rebate Credit, individuals will need to know the total amount of their third-round Economic Impact Payment, including any Plus-Up Payments, they received.
• People can view the total amount of their third-round Economic Impact Payments through their individual Online Account. *Note:  The Get My Payment application will no longer be available as of Jan. 29, 2022
• The IRS will also send Letter 6475 through March to those who were issued third-round payments confirming the total amount for tax year 2021.

File electronically, and choose direct deposit 

The amount of the 2021 Recovery Rebate Credit will reduce the amount of tax owed for 2021, or, if it’s more than the tax owed, it will be included as part of the individual’s 2021 tax refund. Individuals will receive their 2021 Recovery Rebate Credit included in their refund after the 2021 tax return is processed.

Claim 2020 Recovery Rebate Credit for missing first- or second-round Economic Impact Payments

All first- and second-round Economic Impact Payments have been issued. People who didn't qualify for a first- and second- Economic Impact Payment or got less than the full amounts may be eligible to claim the 2020 Recovery Rebate Credit on a 2020 income tax return.

Read the full IRS News Release here:  IR-2022-19