IRS tax refund: $1,500 for people who meet these requirements

Stimulus check payments are almost over for millions of Americans, but you have until May 17, 2024 to claim the 2020 Refund Recovery Credit and until April 15, 2025 to request the 2021 one. If you do not do so, you could lose up to $1,500 dollars, an amount even higher than the stimulus check.

If you have already spent your stimulus checks and are looking for other payments to help you with your daily life, you should know that The Pennsylvania Department of Revenue has offered the ability to apply for the Recovery Refund Credit program about property and rental. Keep reading to find out who can receive up to $1,500 dollars for this tax refund, the deadline and requirements.

What is the Recovery Refund Credit in Pennsylvania?

Pennsylvania’s Rental and Property Rebate Recovery Credit program is designed to support renters and landlords household. Although the refund amount ranges from $380 to $1,000, additional refunds can be worth up to an additional $500.

This means that If you qualify for the $1,000 rebate you could receive up to $1,500 if you are eligible for the supplement; making this payment higher than a government stimulus check. Supplemental refunds may be smaller and some eligible recipients could receive an additional $190.

Deadline to Apply for the Recovery Refund Credit in Pennsylvania

The Pennsylvania Department of Revenue has confirmed on its website that The deadline to apply for the Recovery Refund Credit is June 30, 2024 and can be done in person or online.

Who can apply for the Recovery Refund Credit in Pennsylvania?

This program supports Pennsylvania homeowners and renters who meet the following criteria:

• People 65 years or older.
• Widows and widowers aged 50 or over.
• People with disabilities over 18 years of age.

In addition to age requirements, to qualify for the Pennsylvania Rental and Property Recovery Credit programhousehold income must be $45,000 or less annually.

Keep reading:
– Do you have questions about your tax refund? This is the way I was able to consult it
– IRS announces that audits are about to increase and shares who will be the target
– Reasons why the IRS sent you a check if you requested a direct deposit