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IRS Sends $1,400 Stimulus Payments to 1 Million Eligible Taxpayers

The IRS is automatically distributing $2.4 billion in missed COVID stimulus payments to taxpayers who failed to claim the Recovery Rebate Credit on their 2021 returns.

  • Approximately 1 million taxpayers are receiving stimulus payments of up to $1,400 each by late January 2025.
  • These payments are for individuals who were eligible for prior COVID stimulus checks but did not claim the Recovery Rebate Credit on their 2021 tax returns.
  • The IRS identified eligible recipients through internal data and is issuing payments automatically without requiring amended tax returns.
  • Taxpayers who have not yet filed their 2021 tax returns can still claim the Recovery Rebate Credit by the April 15, 2025 deadline.
  • The total distribution amounts to $2.4 billion, providing overdue financial relief to eligible individuals and families.
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