Recovery Rebate Credit FAQ’s

recovery rebate credit

What is the Recovery Rebate Credit?

You can claim your missing stimulus payment with the Recovery Rebate Credit. The IRS introduced the Recovery Rebate Credit for eligible taxpayers who did not receive first or second stimulus payment.

This credit was authorized for COVID-19 assistance under the CARES Act. It is an advanced payment which will increase your refund or lower your tax due to the IRS.

What are the requirements?

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