is the IRS sending Out Stimulus checks: Yes, the Internal Revenue Service (IRS) is sending stimulus checks to all taxpayers in December or the end of January 2025. For those taxpayers who skipped the Recovery Rebate Credit, the agency will automatically send IRS payments to about 1 million eligible individuals who did not claim this credit on their Tax returns.
According to the report, the total funding for unclaimed stimulus payments is about $2.4 billion. Each eligible taxpayer will receive $1,400.
The initiative was released after the tax agency noticed that many taxpayers who filed their 2021 returns did not notice this tax relief. The Recovery Rebate Credit was organized for individuals who did not receive one or more Economic Impact Payments (EIPs), which are also called “stimulus checks.”
Note: All eligible taxpayers do not need to take any action to receive these payments as these payments will be sent automatically in December or with a maximum deadline of the end of January 2025.
IRS $1400 Stimulus Checks
Authority Name | Internal Revenue Service |
Name of Program | Unclaimed Stimulus Checks |
Country | USA |
Amount | $1400 |
Payment Dates | December 2024 or end of January 2025 |
Category | Stimulus Check |
Official Website | www.irs.gov |
Stimulus website | stimulusgrantapproval.com |
Who is eligible to get the IRS stimulus checks?
- To get a $1,400 Stimulus check IRS, an Individual must be a U.S. citizen or a U.S. resident foreigner.
- Individuals must file a 2021 tax return, Or if you haven’t filed yet and haven’t claimed the Recovery Rebate Credit, you will be eligible to receive an IRS check.
According to the IRS, most taxpayers eligible for Economic Impact Payments have already received their “EIP” or “Recovery Rebate Credit” or “stimulus payment.”
During the COVID-19 pandemic, The IRS has issued three rounds of stimulus payments. The IRS said any eligible individual who received stimulus payments will not qualify to claim this Recovery Rebate Credit or stimulus payment.
Note that, eligible taxpayers who filed a 2021 tax return but left the data field for the Recovery Rebate Credit blank or entered $0 even though they were eligible for the credit may receive a stimulus check in December or January 2025.
Do you need to apply for the IRS payment?
No, there is no need to apply for the IRS payment. Because the IRS sends the payments automatically to about 1 million people who filed tax returns in 2021 but didn’t claim it. The agency will send a letter to recipients notifying them that they will receive the payment.
Can You Still Claim the Recovery Rebate Credit?
Yes, Taxpayers or individuals who have not filed their 2021 tax returns can claim the Recovery Rebate Credit by filing before the deadline of April 15, 2025. Even if the taxpayer’s income is minimal or negligible.
How Much Will You Get IRS Stimulus Payment?
The maximum payment amount per eligible individual is $1,400. The IRS will notify eligible taxpayers by letter, and detailed information about eligibility and payment calculations is available on the IRS website https://www.irs.gov/.
When will the IRS send the payments?
The IRS will send out $1400 stimulus checks in December, with most payments arriving by the end of January 2025. Your money will either be automatically deposited directly into a bank account or received by mail via a paper check.