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For those of us who have a tendency to forget things, the IRS has just returned with some very unpleasant news! This concludes the $1,400 stimulus check! I apologize, but anyone who failed to claim their stimulus check will no longer be allowed to do so. The deadline for requesting pandemic-related refunds is April 15, 2025, as the Internal Revenue Service (IRS) has formally closed this chapter of economic aid (yeah, they’re still dealing with that because some people didn’t request it!).
Without exception, everyone who failed to file their tax return will no longer be eligible for this benefit as of June 16. Unclaimed money just vanishes; it is neither accumulated nor transferred. Even though some people attempted to seek for tax extensions, you should already be aware that these do not apply to tax credits like the stimulus payment!
Several people were taken by surprise by the policy, despite being warned about it beforehand. I know it’s amazing, but what actually happened?
What was the $1,400 stimulus check?
The stimulus check was an economic payment made to individuals by the IRS as a means of providing financial assistance during the pandemic. It was included in the economic package that the Biden administration pushed in 2021 with the goal of mitigating the consequences of the pandemic’s economic instability, business closures, and unemployment (do you recall COVID-19?). Even while $1,400 might not seem like much, it was a big help to people who were struggling.
Why did it have a deadline?
since the law established a three-year timeframe for making such a request. In other words, you had three years to receive your payment. Don’t whine now if you didn’t request it in that period; you had plenty of time!
The IRS extended the deadline till June 16 after setting the formal deadline on April 15 of last year. Naturally, that day has since gone.
What happens if it wasn t claimed?
You simply lost it. You can’t ask for the check anymore if you didn’t request it, and the IRS won’t take any more appeals or requests. There was plenty of time for you!
And in case you’re wondering what happens to that money that hasn’t been claimed, it returns to the Treasury Department instead of going into your pocket.
Can you still get it if you claimed it on time?
You must apply through the Where’s My Refund? area of their official website, and you can only do so if you think you filed your tax return on time and asked for the reimbursement. However, we are unable to guarantee you anything.
When were they sent?
For those who requested direct deposit, which is, as you are aware, quicker than the conventional approach, payments should have come by May 6, 2025, at the latest. The cutoff date for physical checks that were mailed was June 16, 2025. You probably won’t get anything at all if you haven’t gotten anything by then.
The consequences
The end of one of the most significant government initiatives to stimulate the economy during the pandemic has finally arrived.
Indeed, three years have gone by, and some people will never be able to get this money again because they lost the opportunity. Congratulations if you were among those who asked for it. And shame on you if you’re among those who didn’t. You could have asked for it for three years! Use this as a lesson to ensure you don’t lose out on any future stimulus checks from the IRS. $1,400 is $1,400!
