You could get MORE stimulus check money if you file your taxes early starting TOMORROW

AMERICANS could get more stimulus check money if they file taxes early – starting TOMORROW.

The Internal Revenue Service begins processing tax returns on Friday, which is the earliest date you can submit from.

Those filing tax returns earlier this year will see a faster refund, and "for some people, it could also mean a bigger third stimulus check," advises Kiplinger.

But, the website warns, that isn't the case for all taxpayers.

And they might end up with lower stimulus checks, for example in cases where there have been major changes to family or financial situations.

Americans should ensure they know how much they got in previous stimulus checks before filing taxes this year, to avoid complications.

The stimulus direct payments are not taxable at the federal level.

However, people will need to know the exact amounts of those payouts to process their 2020 federal income tax return.

Your next stimulus check "is likely to be based on either your 2019 tax return or your 2020 return – whichever one was most recently filed when the IRS starts processing your next stimulus payment", Kiplinger explains.

The IRS calculates people's third check based on their tax filing status, adjusted gross income (AGI) and the number of dependents.

So the earlier you file your tax, the more likely revenue officials will use details from your 2020 return.

If you delay filing your tax return, the IRS will instead look at your 2019 information.

"Depending on your situation, that could give you an opportunity to alter the amount of your next stimulus check by timing the filing of this year's tax return," Kiplinger adds.

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As this year includes claims for missed stimulus payments, it's set to be a hectic tax season.

The IRS say 90 per cent of its filers will receive payment in 21 days or sooner, and they are able to gain updates on their refunds via the 'Where's My Refund' online tool.

President Joe Biden has agreed with a Democratic proposal to send $1,400 stimulus checks to Americans earning up to $75,000 in income and households making up to $150,000.

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