There's still time to claim a third stimulus payment worth up to $1,400 per person.
Eligible taxpayers who didn't receive the payment or may be due more money than they initially received are allowed to claim a tax credit on their 2021 federal tax return by the April 18 deadline.
But the payments were calculated last year based on the most recent federal tax return on file at the time. If a taxpayer's income or family size changed in 2021, the individual may be eligible for more money. Families are allowed to receive up to $1,400 for each dependent of any age. Earlier rounds limited the payments to dependents under the age of 17.for either a full or partial third-round stimulus payment.
But the payments gradually phase out as household income increases. Individuals who earn at least $80,000 a year of adjusted gross income, heads of households who earn at least $120,000 and married couples who earn at least $160,000 are not eligible for any money -- regardless of how many dependents they have.
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