IRS Sending ‘Special’ Stimulus Checks to 1 Million Americans- Check You Eligibility Here
The Internal Revenue Service (IRS) is disbursing $2.4 billion in “special payments” to ensure eligible taxpayers who missed out on federal pandemic stimulus checks receive their due. This effort targets roughly one million individuals, delivering a much-needed financial boost as the new year begins.
Understanding the $1,400 IRS Payments
These payments, with a maximum of $1,400 per recipient, stem from the three stimulus checks authorized during the COVID-19 pandemic. While most eligible taxpayers received their payments directly or through the Recovery Rebate Credit (RRC), some missed out despite qualifying. IRS Commissioner Danny Werfel emphasized the agencyโs proactive approach, stating, “To minimize headaches and get this money to eligible taxpayers, we’re making these payments automatic. This means recipients wonโt need to file an amended return to receive their payment.” The checks will either be directly deposited into recipients’ bank accounts or sent via paper check, accompanied by an explanatory letter.
Who Qualifies for the Payment?
The IRS identified eligible individuals by reviewing internal data, discovering many had filed 2021 tax returns but failed to claim the RRC. This credit was designed for those who didnโt receive their full stimulus payments when initially distributed.
The pandemic relief measures included three rounds of stimulus payments:
- Two issued in 2020.
- A third distributed in 2021.
Most taxpayers eligible for these payments have already received them, either at the time of distribution or later by claiming the RRC on their tax returns. However, these special payments target those overlooked in the process.
What You Need to Do
The best part? No action is required. The IRS is sending the payments automatically to individuals who meet the criteria. Recipients will be notified via letter, confirming the payment amount and method of delivery.
Timeline for Payments:
- Disbursements began in December 2024.
- Most recipients can expect their payments to arrive by late January 2025.
Whatโs Next?
For those receiving these special payments, the funds can offer a welcome financial cushion during post-holiday expenses. The IRS’s streamlined approach ensures that eligible taxpayers no longer need to navigate the complex process of filing amended returns to claim missed stimulus payments.
This effort reflects the agency’s commitment to addressing gaps in pandemic relief and ensuring fairness. As Werfel noted, “These payments are a testament to our dedication to helping taxpayers and correcting overlooked cases.”
If youโre among the one million recipients, keep an eye out for either a direct deposit or a paper check in the coming weeks. For further details, refer to the notification letter provided by the IRS.
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