New $3,600 stimulus payments are coming – do this so you don’t miss out

[Andy Meek]

Millions of American families, at least some of which are no doubt hoping for a new stimulus check, are about to get two very important letters in the mail soon.

Receipt of the letters is an automatic step in receiving the first of what will be several new stimulus checks, but don't worry if you overlook the letters or miss them somehow. They're informative, but not a prerequisite, about the forthcoming payments that are set up to arrive in mailboxes and bank accounts, provided the recipients have done at least one very important thing -- filed their 2020 federal tax return. The IRS is urging everyone to make sure they're current on that, because it will ensure that once the new stimulus checks start being distributed, the tax agency can ensure it has the most current and up-to-date information as far as where to send the payments. And those payments, by the way, are monthly tranches of the expanded federal child tax credit, which was made possible by the $1.9 trillion stimulus legislation President Biden signed back in March. So that's another reason making sure you're current on your taxes is so important, which will ensure the IRS has current details about your eligible children for this new stimulus benefit.

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New $3,600 stimulus payments are coming – do this so you don’t miss out originally appeared on BGR.com on Wed, 9 Jun 2021 at 13:01:26 EDT. Please see our terms for use of feeds.

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