What is an Economic Impact Payment?

Economic Impact Payment (also known as EIP) is the official name for the stimulus payments that were issued in 2020 and 2021. The first payment is sometimes referred to as EIP1, the second as EIP2, and the third as EIP3. There were no EIP/stimulus payments issued in 2022, so you cannot claim any missing payments on your 2022 tax return.

However, if you are missing an EIP/stimulus payment from 2021 or 2020, you will need to file a tax return for the year in which you did not receive it. Our partners can help you file a prior year return, just ask!