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Question
If I didn't receive the covid stimulus rebate last year can i still get it this year?
AI accountant’s answer:
Yes, if you were eligible for a COVID-19 stimulus payment but did not receive it, or received less than you were entitled to, you can claim the missing amount as a Recovery Rebate Credit when you file your 2022 tax return. To do this, you'll need to complete the Recovery Rebate Credit Worksheet and include the calculated credit amount on your tax return. The credit will either increase your refund or reduce the taxes you owe.
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Isaiah McCoy, CPA
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