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.
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.
