The IRS is reminding people that you may qualify for an Economic Impact Payment even if you are not required to file a tax return. Since the IRS does not have your current information you need to register with the IRS by October 15th, 2020. You can register online at the following website:

https://www.irs.gov/coronavirus/non-filers-enter-payment-info-here#_blank

The IRS states that if you are eligible for a payment and register by October 15th, you will receive your payment by the end of the year. Also keep in mind this registration is only for people who are not required to file a tax return because their income is below the filing threshholds.

Please consult with your tax advisor on all the above information.

This entry was posted on Thursday, June 4th, 2020 at 11:52 am and is filed under Tax Tips. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.