IRS New - Keep Economic Impact Payment notice with other tax records episode artwork

EPISODE · Jun 26, 2020 · 6 MIN

IRS New - Keep Economic Impact Payment notice with other tax records

from Tax & Current Accounting Topics

Keep Economic Impact Payment notice with other tax records  https://www.irs.gov/newsroom/keep-eco... People who receive an Economic Impact Payment this year should keep Notice 1444, Your Economic Impact Payment, with their tax records. This notice provides information about the amount of their payment, how the payment was made and how to report any payment that wasn't received.  For security reasons, the IRS mails this notice to each recipient's last known address within 15 days after the payment goes out. It's especially important for people to keep this notice if they think their payment amount is wrong. When they file their 2020 tax return, they can refer to Notice 1444 and claim additional credits, if they are eligible for them.

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