Since the COVID-19 pandemic began Americans have received multiple rounds of stimulus money. And it might come as somewhat of a surprise that some people are set to receive more. The federal government isn’t showing signs of sending out an additional stimulus check so this is the last chance to get money courtesy of the government. Here’s who in North Carolina should be expecting stimulus payments at the beginning of the year.
The checks are limited to those parents who had a child during the year 2021. The money is part of the stimulus checks from back in March of this year. Parents may be able to receive up to $1,400 as part of the legislation. So, even if you had a child after that time in 2021 you are eligible to receive the money. If you know someone who fits that criteria let them know so they can take advantage of the stimulus.
In order to receive the money, the parents of the newborn child must file a tax return for the year 2021 and turn it in in 2022. The full $1,400 is available for single parents up to $75,000 per year or couples earning up to $150,000 per year. Additionally new parents who had a child in 2021 are eligible for an expanded child tax credit. This tax credit was also part of the same stimulus package.
More information is available on the IRS website. For those in North Carolina and across the country these likely the only stimulus payments anyone will receive during 2022, so if it applies to you or someone you know make sure you take advantage!
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