The Internal Revenue Service (IRS) has announced a new deadline for qualifying Americans who wish to claim a $500 stimulus payment.
According to the announcement, the IRS has announced a deadline of September 30th for people who normally don't file a tax return and receive federal benefits such as Social Security retirement or disability, Supplemental Security Income (SSI), Railroad Retirement, and Veterans Affairs benefits. Anyone who receives these benefits, and hasn't filed a tax return in the last two years, and has a dependent child under the age of 17 can use this nonfilers tool on the IRS website to see if they qualify.
It should be noted that if you don't make the September deadline, but you do qualify for an additional payment, you won't get the money until next tax season. The IRS previously asked people to register by May 5th, but now that deadline has been extended to September. Additionally, the IRS says that it expects to issue the payments out in October.
IRS Commissioner Chuck Rettig said, "Given the extremely high demand for [Economic Impact Payment] assistance, we have continued to prioritize and increase resource allocations to eligible individuals, including those who may be waiting on some portion of their payment. To help with this, we are allocating additional IRS resources to ensure eligible recipients receive their full payments during this challenging time."
If you are interested in more information about this topic, check out this tool here.
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