Keep Your Economic Impact Payment Notice With Other Tax Records

If you received an Economic Impact Payment this year, you should keep Notice 1444, Your Economic Impact Payment, with the rest of your tax records. This notice provides information about the amount of their payment, how the payment was made and how to report any payment that wasn't received.

For security reasons, the IRS mails this notice to each recipient's last known address within 15 days after the payment goes out. It is especially important for you to keep this notice if you think there is something wrong with the payment amount, so that when you file your 2020 tax return, you can refer to Notice 1444 and claim additional credits, if you are eligible.

The IRS is reminding taxpayers to keep this notice filed with all their other important tax records. These include:

• W-2s from employers

• 1099s from banks and other payers

• other income documents and virtual currency transaction records.

All taxpayers should keep a copy of their past tax returns and supporting documents for at least three years. We retain records for at least 7 years for clients.