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You might qualify for a LARGER stimulus check if the IRS filed your unemployment benefits incorrectly

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SOME Americans could get more money from their stimulus check if the IRS accidentally filed your unemployment incorrectly.

The IRS may send people a “plus-up” stimulus payment this year intended to help those who experienced unemployment due to the pandemic an added monetary amount.

Some Americans could received a "plus-up" payment from the IRS

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Some Americans could received a “plus-up” payment from the IRSCredit: Getty

But that’s only until you file taxes with accurate unemployment information.

The move by the IRS is to streamline the stimulus check process: instead of waiting to make Americans file next year to claim the missing amount, the IRS will be sending the “plus-up” payments this year.

The agency will automatically recalculate and then send out the adjustments without you needing to request them in an amended tax form.

Likewise, you can claim any additional or missing funds you are owed from the two previous payments on your taxes this year.

The IRS will likely not ask you to return funds if they overpaid you

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The IRS will likely not ask you to return funds if they overpaid youCredit: Getty

Additionally, if your income was lower in 2020 than in 2019, or if you claimed a new dependent to your 2020 tax return, you could get a larger check.

Not to fear if you’re worried about the opposite: if the IRS overpaid you looking at your 2019 taxes instead of your 2020, you likely can keep the money.

But, if you received funds for someone who died or a dependent someone else claims on their taxes, the IRS will ask you to return the funds.

There’s current pressure building in Congress to issue a fourth stimulus check soon.

Although a majority of the third stimulus check went to Americans through direct deposit, the IRS warns that those who received checks in the mail – likely due to the agency not having your direct deposit information – have a year to cash them.

The same goes for any US Treasury check. If you miss that deadline, you can request the IRS send out a new one for the expired check.

Over 13.5 million more dependents qualify for the third stimulus check this time around as compared to the first two.

Hope for more stimulus as Biden to push another coronavirus recovery bill on top of $1.9T package



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