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October 26, 2020 at 02:30 PM
The IRS has once again extended the deadline for parents to claim the $500-per-child stimulus payments they are entitled to under the Coronavirus Aid, Relief and Economic Security (CARES) Act passed in March.
“Federal beneficiaries who didn’t register to receive $500 per child payments earlier this year now have additional time,” the IRS said in a statement Monday. Parents have until 3 p.m. Eastern Standard Time on Nov. 21 to claim the payment using the agency’s tool for people who don’t file income taxes.
(Related: IRS Gives Families More Time to Get Their $500-Per-Child Stimulus Payments)
This is the second time in two months that the tax agency has extended the deadline for the $500-per-child payments available to American households with children under 17 years old and incomes less than $99,000 (or $198,000 for joint filers), though the benefit begins to fade out for incomes over $75,000 and $150,000, respectively. The previous deadline, announced in August, was Sept. 30.
