The Internal Revenue Service correctly calculated the allowable Recovery Rebate Credit for the vast majority of 2021 tax returns, but some erroneous payments were made, according to a new report. The ...

During the COVID-19 pandemic, the U.S. government issued several rounds of stimulus checks to support individuals and families. However, not everyone received these payments, leading to the ...

Taxpayers who failed to claim the Recovery Rebate Credit on their 2021 tax returns should have received payments by January 2025. There is still time to claim the Recovery Rebate Credit, but the IRS ...

The Internal Revenue Service (IRS) has announced a proactive measure to assist taxpayers by issuing automatic payments to those eligible for the Recovery Rebate Credit who did not claim it on their ...

The Internal Revenue Service announced in December that it would be distributing about $2.4 billion − up to $1,400 per individual − worth of stimulus checks to U.S. taxpayers who did not claim the ...

The Internal Revenue Service (IRS) has announced that over a million individuals in the United States might qualify for a stimulus payment of up to $1,400. This amount is part of the Recovery Rebate ...

You can approach the issuer and ask the issuer to reissue it correctly. If the issuer of the Form 1099 has already sent it to the IRS, ask for a “corrected” Form 1099.