Missing stimulus payments, tax credits? Here is what you need to know before you file taxes
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CHICAGO (WLS) The ABC 7 I-Team is finding out what you need to know to get a tax credit for missing stimulus money.
Thousands of people who didn t get the first or second stimulus payments they were owed have been told to recoup their money at tax time. But it s not so easy.
Before you file a stimulus credit on your taxes, you need to make sure your missing payment has been officially traced. If you didn t get your economic impact payments or if you think you qualify for more than you received, don t worry, if you re eligible you can claim a recovery rebate credit when you file your 2020 tax returns this year, said Kemberly Washington, Forbes advisor and tax analyst.