The IRS has been working tirelessly this year on a backlog of stimulus checks and tax returns people still haven’t received.
Some of these payments include the Plus-Up payment, which many Americans are owed.
These payments will hopefully be sent out to everyone before the new year hits and the next tax season is here.
What is a Plus Up Payment?
There were three checks sent out after the start of the pandemic.
Many were hoping for a fourth after President Donald Trump and then President Joe Biden sent the first three checks.
Individuals eligible for these payments are those that received a third payment already based on their 2019 taxes. They are owed a larger amount based on their 2020 taxes, which weren’t used for sending stimulus checks.
If you qualify, the IRS knows based on your most recently submitted tax return.
You need to submit your 2020 tax return in order to qualify.
The Plus Up Payments are being sent out until Dec. 31, 2021.
You may be able to check the status of your payment with the Get My Payment tool through the IRS.
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