IRS Sending Unclaimed 2021 Stimulus Checks—What Social Security Beneficiaries Need to Know

Key Facts

Many Social Security beneficiaries may be eligible for unclaimed 2021 stimulus payments.
The IRS has identified gaps in communication as a key reason these payments remain unclaimed.
Eligible individuals can receive up to $1,400 for themselves, plus $1,400 for each dependent.

Why Are 2021 Stimulus Checks Still Unclaimed?

The primary reason unclaimed stimulus checks exist is due to communication breakdowns and processing errors. Social Security recipients, who are often not required to file tax returns, may have missed their payments if the IRS lacked up-to-date information. Discrepancies in data or missed notifications contributed to many being unaware of their eligibility.

Yes, Social Security beneficiaries qualify for the third round of stimulus checks if they meet specific income requirements. This includes retirees and disabled individuals receiving SSA, Railroad Retirement Board, or Veterans Affairs benefits, regardless of whether they filed taxes in 2021.

How Much Were the 2021 Stimulus Checks Worth?

The third round of stimulus payments provided up to $1,400 for qualifying individuals, with an additional $1,400 available for each dependent. Therefore, a Social Security recipient with two dependents could receive a total of $4,200.

How to Check if You’re Missing a Stimulus Payment

To determine if you’re missing a payment, follow these simple steps:

Use the IRS “Get My Payment” Tool: This online resource allows you to check the status of your payments, including how and when they were issued.
Review Your 2021 Tax Records: If you filed a tax return, check your records to confirm whether the payment was included as an advance credit.
Look for Missing Dependents’ Payments: If you have dependents and didn’t receive the additional payments, verify your eligibility and correct information.

Steps to Claim Your Missing Payment

If you discover that you are entitled to a missing payment, you can still claim it. Follow these steps:

File a 2021 Tax Return: Even if you typically do not file taxes, submit a return for 2021 to establish your eligibility for the payment.
Claim the Recovery Rebate Credit: Ensure to include the Recovery Rebate Credit on your tax return to claim any missing funds.
Provide Updated Information: If there have been changes in your address or banking details, make sure to provide this updated information when filing.
Seek Assistance if Necessary: Don’t hesitate to reach out to a tax professional or community organizations for help with the filing process.

When and How Will Payments Be Issued?

After filing your tax return and claiming the Recovery Rebate Credit, the IRS will process your request. Payments can be issued via direct deposit or as a paper check sent to your address. Keep an eye on your mailbox and bank account for updates.

Important Deadlines to Keep in Mind

Remember that there are deadlines for claiming missing payments. To avoid missing out, it’s crucial to file your tax return and Recovery Rebate Credit claim promptly. Regularly check IRS guidelines for the latest information on deadlines.

Why Unclaimed Payments Matter

Unclaimed stimulus checks represent essential financial support for many Social Security beneficiaries. These funds can help alleviate financial stress, covering necessary expenses, especially during ongoing economic challenges.

What to Do If You Encounter Issues with Your Claim

If you face challenges while claiming your missing payment, there are resources available:

Contact the IRS Directly: The IRS can provide assistance if you encounter issues filing your claim.
Explore Free Support Services: Various organizations offer free tax filing assistance to ensure claims are correctly filed.
Keep Detailed Records: Maintaining copies of all relevant documents will assist in resolving any disputes.