![]() ![]() Use the amount on the Letter 6475 (or EIP 3 Amount from Online Account) to calculate the RRC amount on line 30. Contact the IRS to trace the EIP amount.When completing the Recovery Rebate Credit Worksheet or answering EIP questions in the tax software, taxpayers have two options: Individuals do not need to wait until their trace is complete to file their 2021 tax return. ![]() Taxpayers should not request a payment trace to determine if they were eligible for a payment or to confirm the amount of payment they should have received. Note that Online Account shows the most current EIP information, so if a payment was issued and returned to the IRS, the amount shown in Online Account may be less than what is shown in their Letter 6475. If an individual did not receive a third-round payment – and their IRS Online Account shows a payment amount greater than $0, or they received Notice 1444-C or Letter 6475 indicating that a payment was issued to them – they should contact the IRS as soon as possible to see if a payment trace is needed. Individuals are encouraged to double-check their bank accounts – especially in early spring and summer of 2021 – to see whether they received a third-round payment in advance last year. Third-round Economic Impact Payment not received? Double-check records first See FAQs for Topic G: Finding the Third Economic Impact Payment Amount to Calculate the 2021 Recovery Rebate Credit, for more information. For married individuals filing a joint return, each spouse will need to log into their own Online Account or review their own Letter 6475 for their portion of their joint total payment. This information became available on January 15, 2022, under the Tax Records page in Online Account. Individuals may securely access their IRS Online Account to view the total amount of the third-round Economic Impact Payment issued to them. This includes the additional payments – called "Plus-Up" Payments – the IRS issued to individuals who initially received a third-round Economic Impact Payment based on information on their 2019 tax return and were later eligible for a larger amount based on information on their 2020 tax return. ![]() Most eligible people already received the full amount of their credit in advance and don't need to include any information about this payment when they file their 2021 tax return. Instead, people who are missing a stimulus payment or got less than the full amount may be eligible to claim a Recovery Rebate Credit on their 2020 or 2021 federal tax return. The IRS continued to send plus-up payments through December if, after their 2020 tax return was processed last year, the taxpayer was eligible for additional amounts.Īs required by law, the IRS is no longer issuing first-, second-, or third-round Economic Impact Payments. Most of the third-round payments were issued in the spring and early summer of 2021. Through December 31, 2021, the IRS issued more than 175 million third-round payments totaling over $400 billion to individuals and families across the country. With the completion of special mailings of all Letters 6475 to recipients of the third-round of Economic Impact Payments, the Internal Revenue Service reminds people to accurately claim any remaining third-round stimulus payment on their 2021 income tax return as the 2021 Recovery Rebate Credit.
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