IRS Distributes $1,400 Stimulus Checks to Eligible Taxpayers
The agency is issuing $2.4 billion in payments to those who missed claiming the Recovery Rebate Credit on their 2021 tax returns.
- The IRS is sending out up to $1,400 in stimulus payments to taxpayers who did not claim the Recovery Rebate Credit (RRC) on their 2021 tax returns.
- An estimated 1 million Americans are eligible for these payments, which total approximately $2.4 billion.
- Payments are being issued automatically via direct deposit or paper checks, with no additional action required for those who already filed their 2021 tax returns.
- Taxpayers who have not yet filed their 2021 tax returns can still qualify if they file and claim the RRC by April 15, 2025.
- Most payments are expected to be received by late January 2025, with recipients also receiving a notification letter from the IRS.