![]() That can be worth up to $3,600 per child born last year. In addition to the third stimulus payment, parents of children born in 2021 can likely claim the enhanced child tax credit on their return. ![]() Otherwise, you can use this Recovery Rebate Credit worksheet. If you're using tax preparation software, it should ask you questions to determine how much you can claim, if anything. The IRS notes that some third-round stimulus checks may still be in the mail. ![]() This total can be viewed on their IRS account, or in a physical letter from the IRS. Filers will need to know the total amount of their third-round stimulus payments, including any Plus-Up Payments. The 2021 Recovery Rebate Credit is based on the income and number of dependents on a taxpayer's 2021 return, which can be filed now. If that's the case, they can claim the remainder of the payment on their tax return. That could have been a miscalculation on the part of the IRS, or your income could have fallen between 20, making you eligible for more. That said, some people who qualified for the payments may not have received them at all, or may have received less than they are eligible for. Most other eligible taxpayers have already received the full amount they are entitled to and won't need to claim the credit, according to the IRS. Assuming the parents or guardians were eligible for stimulus money, their dependent is, as well. The main group is parents of children born in 2021, or families who added another eligible dependent, such as a parents or grandchild, to their 2021 return.
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