Millions of taxpayers remain eligible for COVID-19 relief stimulus payments, with the deadline to claim the financial relief fast approaching.
Between 8 million and 9 million people could be eligible for additional COVID-19 relief through either a stimulus payment or the child tax credit. The deadline for individual filers with little or no income to complete a simplified tax return to see if they qualify for this additional relief is Nov. 15, the Government Accountability Office says.
STIMULUS UPDATE: HOW TO APPLY FOR $12,000 IN MONTHLY PAYMENTS FOR THE NEXT TWO YEARS REVEALED
The payments are part of the federal government’s efforts during the coronavirus pandemic to ease the country’s financial strain. Officials allocated $931 billion to go toward direct COVID-19 stimulus payments between April 2020 and December 2021, with Congress approving the money to be distributed in three waves for close to 165 million people.
Other taxpayers who missed the April 15 filing deadline earlier this year had until mid-October to submit their returns, with the deadline passing on Oct. 17.
CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER
Individual applicants with annual incomes under $75,000 and married couples filing jointly with a total income of less than $150,000 are eligible for all three payments.
Additionally, families with children are eligible for the child tax credit, which aims to reduce financial hardship and food insecurity. About 84% of children nationwide benefited from those credits between July and December 2021.
