Understanding Your Letter 6475

 

What this letter is about

The IRS began issuing Letter 6475, Economic Impact Payment (EIP) 3 End of Year, in January 2022.

This letter helps EIP recipients determine if they’re eligible to claim the Recovery Rebate Credit on their 2021 tax year returns. This letter provides the total amount of the third Economic Impact Payment and any plus-up payments received for tax year 2021.  For married individuals filing a joint return, each spouse will receive their own letter showing half of the total amount.

Letter 6475 only applies to the third round of EIP issued between March 2021 and December 2021. This includes “plus-up” payments.

Plus-up payments were additional EIP 3 payments the IRS sent to people who:

  • Received a third Economic Impact Payment based on a 2019 tax return or information receive from Social Security Administration, Railroad Retirement Board or Veterans Administration, and
  • Were eligible for an additional amount based on their 2020 tax return

Most eligible people already received the full amount they are entitled to receive. Anyone who did not receive the full amount they are entitled to should review the payment information to determine whether they should claim the Recovery Rebate Credit for tax year 2021.

For example, parents of a child born in 2021 – or parents and guardians who added a new qualifying dependent to their family in 2021 – did not receive a third-round Economic Impact Payment for that dependent and may be eligible to receive up to $1,400 for the dependent by claiming the Recovery Rebate Credit.


2021 tax year information

The IRS is streamlining where we store information you need to file your 2021 tax return. For married individuals filing a joint return with their spouse, each spouse will need to log into their own Online Account for their portion of the total payment.

Your Online Account  includes summaries for the:

We updated Online Account with the third Economic Impact Payment at the end of January – in time for the 2021 tax return filing season.


How to learn more

Visit IRS.gov for more information about the Economic Impact Payments and other COVID-19-related tax relief.