Hey, who wouldn’t love some extra cash, right? Well, if you’re in New Jersey, there’s some good news coming your way. A lot of people in the state can expect to receive a $1400 stimulus check in January. And the best part? You don’t have to do anything special to get it!
What’s Going On with the Stimulus Checks?
So, why are these checks going out? Turns out, many people didn’t get their full share of the federal stimulus money back in 2021. The IRS is stepping in now to correct that mistake. They’re sending out $1400 checks to make sure everyone gets what they were supposed to.
If you didn’t claim your stimulus check on your 2021 tax return, then you could be one of the lucky ones to get the $1400 check before January ends. If you’ve filed taxes in the last three years, chances are you’re all set. There’s no need to do anything unless you haven’t filed your taxes yet.
This move is part of the IRS’s effort to clear up over $2 billion in claims that were left unresolved. So, if you’re still waiting for your stimulus, keep an eye on your bank account.
Who Will Get the Money?
The IRS has been sending checks to people who missed out on the full amount in 2021. You may be eligible for the $1400 check if you didn’t receive it earlier. So, if you’ve filed your taxes in recent years and didn’t get your full stimulus amount, this could be your chance to get what you’re owed.
Even if you’re not sure about your eligibility, you don’t need to stress. As long as you’ve done your tax filing properly in the past few years, the IRS has got it covered. It’s an automatic process, so you don’t need to jump through any hoops.
What If You Haven’t Filed Your Taxes in a While?
For those who haven’t filed taxes recently, you might need to take some action. If you’re behind on your filings, make sure you catch up soon. Once your tax records are up to date, you should be able to get the stimulus you missed earlier.
What Should You Do with the Money?
So, you’ve got the extra cash in your bank account. What now? Here are some ideas on how you can make the most of your $1400 check:
- Catch up on bills: If you’ve fallen behind on rent, utilities, or credit card payments, now’s the time to get caught up.
- Save for the future: If you’re in a good place financially, consider putting the money into savings or investments for a rainy day.
- Treat yourself: You could finally take that vacation you’ve been dreaming about or buy something you’ve been putting off.
Whatever you choose, make sure the money goes toward something that’s going to benefit you in the long run.
Conclusion
This is great news for those who missed out on the full stimulus payment back in 2021. The IRS is making things right, and if you qualify, you could have an extra $1400 in your account soon. It’s an easy way to get the money you were supposed to receive, without any extra effort on your part. Make sure to check your bank account this month—you could be one of the lucky ones!
(Source : wfpg.com)
