What is the 2021 Recovery Rebate Credit?

The third round of Economic Impact Payments (Stimulus) was disbursed as an advance payment of the tax year 2021 Recovery Rebate Credit.

The IRS started sending the third Economic Impact Payments to eligible individuals in March 2021.

You may be eligible to claim a Recovery Rebate Credit on your 2021 federal tax return if you didn't get a third Economic Impact Payment or got less than the full amount.

The third Economic Impact Payment amount was $1,400 for an eligible individual with a valid Social Security number ($2,800 for married couples filing a joint return) and $1,400 for each qualifying dependent.

IRS mailed Notice 1444-C to people who received a third Economic Impact Payment. In early 2022, Letter 6475 was sent to the address on file confirming the total amount of the third Economic Impact Payment received for the tax year 2021.