January 21, 2022

IRS Plus Up Payment 2022 Tracker: Are You Getting More Payments?

Ifu qualifies for benefits in the the United States of America, then you should have already applied for yours, as the deadline closed on December 31.

A new year means that a new cycle of plus-up payments has begun and you need to keep track of yours to make sure you can reclaim as much as you can when the years come to an end.

What are plus-up payments?

Plus-up payments are additional incentive checks that are sent to people who have sent an incentive check based on their 2019 tax return.

When stimulus checks were introduced in March 2020 at the start of the COVID-19 pandemic, they were distributed based on the most recent tax return on file for every US taxpayer.

The second round of incentive checks was issued in March 2021 at a time when many people had not yet filed their 2020 taxes, meaning their check was based on their 2019 return.

However, a number of Americans saw their incomes fall between 2019 and 2020 as a result of the pandemic.

It is therefore possible that some people received a lower amount than they were entitled to, because the amount was based on an outdated declaration.

Am I eligible for an additional payment?

If you are tax resident in the US and your income was lower in 2020 than in 2019, you are entitled to an additional payment.

2021 was another year of disruption, so if you earned less as a result than you earned in 2020, you could be entitled to more benefits at the end of this tax year.


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