IRS URGES HELP TO UPDATE ADDRESSES

July 5, 2021 - Douglas Myser

IRS urges help to update addresses. The Internal Revenue Service continued an ongoing effort to help those experiencing homelessness by reminding people who don't have a permanent address or a bank account that they may still qualify for stimulus payments and other credits, including the advance Child Tax Credit. The agency is also asking for help from groups that assist vulnerable or underserviced people who may have difficulty getting a stimulus payment automatically. Filling a 2020 tax return, even if people don't have to , could put money in their pocket. While the third round of Economic Impact Payments continue to be made automatically to most eligible people, the IRS can't issue a payment to eligible Americans when information about them isn't available in the tax agency's system. This can help prevent the homeless from needing Tax Resolution Services as well. IRS urges help to update addresses.

To help people experiencing homelessness, the rural poor and other historically underserved groups, the IRS urges community groups, employers and others to share information about Economic Impact Payments, the upcoming advance Child Tax Credit, and other tax details to help more eligible people file a tax return so they can receive everything to which they're eligible. The IRS and the U.S. Department of the Treasury announced earlier this week that the first monthly payment of the expanded and newly advanceable Child Tax Credit from the American Rescue Plan will be made on July 15. Roughly 39 million households--covering 88% of children in the United States--are eligible to begin receiving monthly payments without any further action required.

IRS WAGE GARNISHMENT

The IRS urges community groups, employers and others to share information about the Child Tax Credit, Economic Impact Payments and other key programs to help more eligible people file a tax return as they can receive everything to which they're eligible. The IRS website IRS.GOV has a variety of information and tools to help. For the third round of stimulus payments, people who are experiencing homelessness may qualify to receive $1400 for themselves. If they are married or have eligible dependents, they can get an additional $1400 for each of their family members.