5 Reasons Why You Didn’t Get A Stimulus Check

” tool. However, the deadline for individuals to add their bank account information is Wednesday, May 13 at 12 p.m. ET. If you don’t update or add your banking information, your check will be sent to whatever address is on file with the IRS.

By law, the Treasury must send a notice of payment, by mail, to that last known address. The notice will include a phone number at the IRS to contact if you didn’t receive the payment. This could be helpful for individuals who live at the same address listed on their last tax return but have new banking information and don’t update it in the IRS portal.

Who is a dependent? By law, a child under the age of 19 at the end of the year, who lives with you for more than half of the year and has not provided more than half of his or her own support for the year, qualifies as your dependent, so long as he or she doesn’t file a joint return for the year. But a full time student under the age of 24 is also your dependent, even if they live mostly at college—-if you provide more than half their support and they aren’t married and filing a joint return.

Some might think that they can get around this no-stimulus-for-dependents over 17 provision by asking their parents not to claim them on their taxes, if they haven’t already. No dice. As long as a student is a dependent under the legal definition in the law,If the student falls out of the legal definition of a dependent, they should consider filing a tax return with the IRS even if they have no taxable income to be eligible for a stimulus check.Owing money is an uncomfortable situation.

None of the reasons apply to me 🤷‍♂️

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