IRS About to Send $1 Million in Stimulus Payments for 2025—Find Out If YOU’RE Getting a Check

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As 2025 begins, approximately one million Americans can look forward to an unexpected financial boost. The Internal Revenue Service (IRS) has announced a new round of stimulus payments totaling $2.4 billion, aimed at addressing missed stimulus amounts from earlier pandemic relief programs.

IRS Sending a Million Stimulus Payments Out to Start 2025. Here’s Who is Getting Money
Source: PennLive.com

Automatic Payments for Eligible Taxpayers

According to IRS Commissioner Danny Werfel, these payments are designed to streamline the process for recipients. “To minimize headaches and get this money to eligible taxpayers, we’re making these payments automatic,” Werfel stated. This approach eliminates the need for individuals to file amended tax returns to claim their missing funds. The payments will vary in amount, with a maximum of $1,400 per person. Eligibility is based on individuals who missed out on receiving the full stimulus payments during the three rounds of pandemic relief.

How to Know If You’re Eligible

The IRS has committed to notifying eligible taxpayers. Letters will be sent to recipients confirming their eligibility and informing them about the payment details. The disbursement process has already started, with most payments expected to be issued by the end of December 2024. The remaining payments will be completed by late January 2025. Eligible individuals should keep an eye on their bank accounts for direct deposits or their mailboxes for checks. If you believe you didn’t receive your full stimulus payments during the pandemic, this announcement might apply to you. Watch for a notification letter or a deposit in your bank account.

IRS Sending a Million Stimulus Payments Out to Start 2025. Here’s Who is Getting Money
Source: MSN

A Financial Boost to Start the Year

This initiative provides a much-needed economic lift to many Americans at the start of 2025. Whether through a check in the mail or a direct deposit, the additional funds could help cover essential expenses, debt repayment, or even savings. For further information, taxpayers can consult the IRS website or look out for official correspondence in the coming weeks. An unexpected $1,400 may be on its way to eligible Americans, providing a welcome start to the new year.

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