The Stimulus Act had a strange setup where the IRS attempted to figure out if you were owed one based on your 2018 or 2019 tax information. Most Americans need to file a tax return, but if you earn less than the standard deduction and aren’t self employed, you don’t need to file one. With the increased standard deduction to $24,400 for married couples and $12,200 for singles, there are a few scenarios that you should consider in your extended family.
Elderly relatives that have exhausted their assets could potentially fall under this category, where they wouldn’t even need to file the 1040-SR. If their only income is social security, they don’t need to file. Ideally, the IRS and Social Security were supposed to identify these people, but if your relatives fall into this category, give them a call to see if they got their stimulus.
You might also have adult children, over age 18, that aren’t earning significant incomes but are not qualifying as dependents, may need to do the “non-filer tool.” If you have graduate school children over 24, this likely applies to them.
So if and of your friends or relatives fall into this category, the deadline to file is 3 PM Eastern on November 21st. If they don’t file now, you can request it as a credit on your 2020 taxes, but if they don’t file, this may not help.
You can use the IRS Non-Filer Tool.
Fox Business has a terrific write-up of this, “Missing your stimulus check? There’s one last chance to claim an Economic Impact Payment from the IRS”.