The Internal Revenue Service (IRS) and the United States Treasury Department is delivering a third round of Economic Impact Payments (EIPs) as part of the American Rescue Plan of 2021. Payments began being paid as early as March 12, 2021, although recipients may see their payment in their account after this date.
EIP recipients will get $1,400 for individuals or $2,800 for married couples and $1,400 for each qualifying child. EIPs are available to those with an adjusted gross income up to $75,000 for individuals and up to $150,000 for married couples filing joint returns. For individuals with income above those amounts, the payment amount is reduced. If household income exceeds $80,000 for individuals or $160,000 for married couples, no EIP will be issued.
If you received the first round of payments in 2020 and/or second round in 2021, but do not receive the third payment via direct deposit, you may receive a check or a debit card. If you are eligible for an EIP but do not receive either the first and/or the second EIP, you will be able to claim them when you file your 2020 taxes as long as you file by May 17, 2021.
If you currently receive assistance in the form of Temporary Assistance for Needy Families (TANF), Supplemental Nutrition Assistance Program (SNAP), or Medical Assistance, this one-time issuance will not affect your benefit amount.
You can check on the status of your third Economic Impact Payment on the Get My Payment page of the IRS website.
If you need help filing for your Economic Impact Payment or income tax return, visit the Campaign for Working Families website.