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Tax Preparation Resources

ECONOMIC IMPACT PAYMENT or the Recovery Rebate Credit:

Three rounds of the Economic Impact Payments were issued with 2020 and 2021 federal tax returns.

  • The first and second rounds of Economic Impact Payments were issued in 2020 and early 2021 These were advance payments of the 2020 Recovery Rebate Credit claimed on a 2020 tax return.
  • The third round of Economic Impact Payments were between March 2021 and December 2021. These payments, including the plus-up payments, were advance payments of the 2021 Recovery Rebate Credit claimed on a 2021 tax return.

Most eligible people have already received the payments. However, people who are missing stimulus payments should review the information on the IRS webpage to determine their eligibility and whether they need to claim a Recovery Rebate Credit for tax year 2020 or 2021.

To check on your payment status, payment type or whether more information may be needed, click here.

To view the IRS Frequently Asked Question, click here.

You may also check out this short informative video:

GETTING READY TO FILE

For more information on how to get yourself ready to prepare your taxes, click here to check out 2021 tips from the IRS.

TAX CREDITS

The IRS recently updated their refundable tax credit page, check it out by clicking here.

The Earned Income Tax Credit is a refundable tax credit for working individuals and families with low to moderate income, particularly those with children. To find out if you qualify, click here.

The IRS recently updated their refundable tax credit page, check it out by clicking here. The Advance Child Tax Credit was a credit amount paid in advance monthly payments in 2021. To learn more, click here.

Check out the short video on the importance of the EITC tax credit:

Click here to find more IRS videos, including those in alternative languages.