UPDATE: IRS Publishes Guidance on How to Obtain Stimulus Payments from Prison During 2021 Tax Season
On February 9, 2021, the IRS sent guidance to prison officials around the country explaining how people in prison can obtain their Recovery Rebate Credit (RRC) by filing a 2020 tax return (Form 1040). The “Recovery Rebate Credit” (RRC) is another name for the two rounds of stimulus payments that Congress allocated under the CARES Act and COVID-19 Tax Relief Act. People who have not yet received those payments, or who received less than what they believe they are entitled to, must file a 2020 tax return to obtain the payments now. (more…)