“In time you’re going to lose bear season. And we know that. Anyway, it’s just a matter of we’re going to have to adapt to that change,” said Mike Spence, mayor since 1995. “You can’t stew over it. That’s not going to get you any points.”
Payments will vary but the maximum amount will be $1,400 per individual. In total, the IRS will be distributing about $2.4 billion to taxpayers who failed to claim a Recovery Rebate Credit on their 2021 tax returns.about eligibility and how the payment was calculated.
The Recovery Rebate Credit is a refundable credit for individuals who didn’t receive the Economic Impact Payments, also known as stimulus payments, during 2020 and 2021. A refundable tax credit is a credit you can get as a refund even if you don’t owe any tax.The IRS announced this initiative after reviewing its internal data and finding that many eligible taxpayers who filed a 2021 tax return didn’t claim the credit.“To minimize headaches and get this money to eligible taxpayers, we’re making these payments automatic, meaning these people will not be required to go through the extensive process of filing an amended return to receive it,” said Werfel.
If you qualify for the Recovery Rebate Credit you don’t have to take any action. The IRS plans sent letters to eligible taxpayers notifying them of the special payment. The payments went out automatically and should’ve arrived by direct deposit or check by late January. They’ll are being sent to the bank account listed on the taxpayer’s 2023 return or to the address IRS has on file.You still might be able to receive the money. However, taxpayers need to file a tax return and claim the Recovery Rebate Credit by the April 15, 2025 deadline, even if any income from a job, business or other source was minimal or nonexistent, according to the IRS.
There were three rounds of payments to households impacted by the pandemic, totaling $814 billion. IRS based the amounts that taxpayers received on their income, tax filing status and number of children or qualifying dependents.
In March 2020, eligible individuals received up to $1,200 per income tax filer and $500 per child under the CARES Act. In December 2020, eligible individuals received up to $600 per income tax filer and $600 per child under the Consolidated Appropriations Act. In March 2021, eligible individuals received up to $1,400 per income tax filer and $1,400 per child under the American Rescue Plan Act.Jaidul Islam, left, sits with his wife Pinjira Khatun, right, and their children Jerifa Islam, second left, and Raju inside their home in a poor neighborhood in Bengaluru, India, Wednesday, July 20, 2022. (AP Photo/Aijaz Rahi)
The family fled the low-lying Darrang district, which receives heavy rainfall and natural flooding. But rising temperatures with climate change have made monsoons erratic, with the bulk of the season’s rainfall falling in days, followed by dry spells. The district is among theto climate change in India, according to a New-Delhi based thinktank.
Floods and droughts often occur simultaneously, said Anjal Prakash, a research director at India’s Bharti Institute of Public Policy. The natural water systems in the Himalayan region that people had relied on for millennia are now “broken,” he said.In the past decade, Prakash said, the number of climate migrants in India has been growing. And over the next 30 years, 143 million people worldwide will likely be uprooted by rising seas, drought and unbearable heat, the Intergovernmental Panel on Climate Change reported this year.