If you’re looking for a Nevada stimulus check this year, tax credits can be a good alternative to lower your tax liability and get a larger refund.

While most of the relief measures introduced during the coronavirus pandemic through the American Rescue Plan and the CARES Act have expired, those facing financial hardship due to a job loss or medical emergency can still get help through other resources. The federal and local governments, as well as nonprofits, have a number of assistance programs to help ease the burden.

Read on to learn more about how tax credits can help, how to qualify for them, and how much you can claim.  

Is There a Stimulus Check in 2024 for Nevada?

There are no new stimulus checks for Nevada residents in 2024. Any social media posts or online articles you may have read about a fourth IRS check being dispersed at some point in the near future are false.

However, you can still claim the 2021 Recovery Rebate Credit if you file your tax returns by April 15, 2025.

Nevada Stimulus Check 2024

Nevada doesn’t have an Earned Income Tax Credit (EITC), Child Tax Credit (CTC), or Child and Dependent Care Tax Credit (CDCTC). However, you can still claim these federal tax credits.

Federal tax credits can help lower your tax liability and may help you get a larger tax refund if you qualify.

How do Nevada Stimulus Checks Work?

Tax credits are different from low-income or senior stimulus programs, but the government uses them in much the same way to provide tax relief to eligible low and moderate-income filers.

“State and Federal tax credits can lower your tax bill on a dollar-for-dollar basis. While these aren’t stimulus programs in a technical sense, they can provide some much-needed tax relief to those who need it the most,” explains Brad Reichert, the founder and managing director of Reichert Asset Management. 

Tax credits can be refundable or non-refundable. Nonrefundable tax credits can reduce your tax owed to zero, but no further. Once you’ve used enough of your tax credit dollars to reduce your taxes payable to zero, any tax credits that are left over are simply forfeited. 

However, with refundable tax credits, you can use them to bring your taxes payable down to zero, but if there are any leftover funds, you can receive the surplus amount in the form of a check or a direct deposit to your bank account.

“Since Nevada does not levy or collect an income tax on individuals, you are not required to file a personal NV state income tax return,” says Reichert. “However, you may need to prepare and e-file a federal return or a tax return for another state,” he adds.

Who Is Eligible for Nevada’s Stimulus Checks?

There are no Nevada state stimulus checks being issued in 2024, but you can still check your eligibility for federal tax credits, under the Earned Income Tax Credit (EITC), the Child Tax Credit (CTC), or the Child and Dependent Care Tax Credit (CDCTC)..

You’ll need to meet these eligibility requirements to qualify for the federal EITC:

  • You must be between the ages of 25 and 65 in 2023.
  • You can’t be claimed as a dependent on someone else’s tax return.
  • You must have lived in the U.S. for over six months.
  • You and your spouse must have a valid Social Security number.
  • Your investment income should not exceed $11,000.

You must also meet the IRS’s adjusted gross income limits to qualify for EITC:

  • No qualifying children: $17,640 (single, head of household, widowed) $24,210 (married filing jointly)
  • 1 qualifying child: $46,560 (single, head of household, widowed) $53,120 (married filing jointly)
  • 2 qualifying children: $52,918 (single, head of household, widowed) $59,478 (married filing jointly)
  • 3 or more qualifying children: $56,838 (single, head of household, widowed) $63,398 (married filing jointly)

You must have a qualifying child to claim the federal Child Tax Credit (the CTC). A qualifying child or dependent is someone who meets these eligibility requirements:

  • Your child must be under the age of 17 at the end of the tax year.
  • A child or dependent must be your daughter, son, stepchild, stepsister, stepbrother, eligible foster child, brother, sister, half-brother, half-sister, or a descendent of these.
  • Your child must have lived with you for at least half the year.
  • You must claim the child on your tax return as a dependent.
  • Your child or dependent must not provide more than half of their own required financial support. In other words, you must be the one responsible for providing 50% or more of their financial needs.
  • They must be a U.S. citizen, a U.S. national, or resident alien.  

You can claim the federal CDCTC if you have paid someone to care for a child or dependent who qualifies. You must also meet these eligibility requirements to claim the credit:

  • You and your spouse (if married) must have earned income.
  • You must have paid someone else for the care of your child or dependent so you could work or look for work.
  • You must file a joint return if you’re married.
  • You must provide the name, address, and the Taxpayer Identification Number of the individual who provided the care.

How Much Do You Receive and When

The federal EITC amount depends on your earned income, filing status, and number of qualifying children. Here’s the maximum amount you can get:

  • $600: No qualifying children
  • $3,995: 1 qualifying child
  • $6,604: 2 qualifying children
  • $7,430: 3 or more qualifying children

For tax year 2023, you can get a Child Tax Credit of $2,000/child if your adjusted gross income is $200,000 or below ($400,000 for married couples filing jointly). The credit amount is reduced once you cross that income threshold, and it is eventually eliminated. You can also get a refundable additional child tax credit of up to $1,600.

You can claim eligible expenses of up to $3,000 for one qualifying dependent or $6,000 for two or more qualifying dependents for the federal CDCTC.

How To Track the Status of Your Nevada Stimulus Checks

When you claim tax credits, they’ll be applied to your tax liability. If you’re eligible for a tax refund as part of applying your available tax credits against your taxes payable, you’ll get a paper check or direct deposit for the amount.

Keep in mind that it may take three weeks to process e-filed returns and six to eight weeks to process paper returns. You can check the status online if you haven’t received your refund check within that time frame.

How To Apply for Nevada’s Stimulus Checks

You’ll need to file your federal income tax returns to claim tax credits. Use tax preparation software or hire a professional to file taxes on your behalf.

The IRS also offers free tax prep services like VITA, TCE, and Free File for qualifying low-income taxpayers.

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Check To See If You Qualify for Financial Assistance in Nevada

Although there are no additional Nevada stimulus checks coming in 2024, you can get some tax relief through federal credits like EITC, CTC, and CDCTC. Check to see if you qualify for any of these credits.

If you’re looking for more financial assistance programs, the federal government offers a number of resources to help low-income Americans with food, housing, and healthcare.

Additionally, debt relief programs in Nevada can provide several options, like credit counseling or debt settlement plans, that can help you tackle large amounts of unsecured debt.

Visit our Utah stimulus checks, Arizona stimulus checks, and California stimulus checks pages for information about programs you can apply for in those states.