IRS tells parents still waiting for their $500 stimulus child benefit it won't arrive until next yea
Source: Washington Post
IRS tells parents still waiting for their $500 stimulus child benefit it wont arrive until next year
In the rush to send payments, many Americans say they did not get the full amount they were due.
May 1, 2020 at 6:59 p.m. EDT
Americans who say they didnt receive the full stimulus payment due to them under the $2 trillion stimulus package will have to wait until 2021 to get the rest of their money, the IRS said in an updated post on its website.
The news looks likely to further frustrate thousands of people who have complained on social media and to news organizations including The Washington Post about glitches in the rush to get stimulus payments to people.
Many parents have complained that while they received their $1,200 by direct deposit, they did not receive the extra $500 promised for each dependent child under the age of 17.
Jamie Jones, a Virginia widow and mother of three receiving Social Security survivor benefits, got her $1,200 stimulus check, but it was missing the extra $1,500 for her three children, ages 8, 10 and 12. She filed her 2019 tax return in February claiming her three children.
-snip-
The latest guidance from the IRS suggests that those who did receive some stimulus payment will not get the rest of the money provided they are indeed entitled to it in the immediate future.
If you did not receive the full amount to which you believe you are entitled, you will be able to claim the additional amount when you file your 2020 tax return, the IRS said Wednesday in an updated post on irs.gov.
-snip-
Read more: https://www.washingtonpost.com/business/2020/05/01/irs-tells-parents-still-waiting-their-500-stimulus-child-benefit-it-wont-arrive-until-next-year/