IRS Announces $2.4 Billion in Recovery Rebate Payments for 1 Million Taxpayers

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Summary

IRS to send unclaimed stimulus checks to 1 million taxpayers worth up to $1,400

The IRS just announced its plans to issue the payments starting later this month to 1 million taxpayers who didn't claim it while filing for their 2021 tax returns. "The IRS announced the special step after reviewing internal data showing many eligible taxpayers who filed a return but did not claim the credit," the agency said in a press release. Taxpayers can expect to receive a maximum of $1,400, according to the IRS. A total of $2.4 billion will be sent to those who missed receiving the credit.

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USA Today

A million taxpayers could receive up to $1,400 from the IRS. Here’s who’s eligible

Approximately 1 million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the coming weeks. The money will be directly deposited into eligible people’s bank accounts or sent in the mail by a paper check. The IRS said it’s distributing about $2.4 billion to taxpayers who failed to claim a Recovery Rebate Credit on their 2021 tax returns. People who missed one of the COVID stimulus payments or had received less than the full amount were able to claim the credit. But the IRS on Friday said it discovered many eligible taxpayers hadn’t done so.

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NBC Chicago

A million taxpayers will soon receive up to $1,400 from the IRS....

The IRS said it's distributing about $2.4 billion to taxpayers who failed to claim a Recovery Rebate Credit on their 2021 tax returns. People who missed one of the COVID stimulus payments or had received less than the full amount were able to claim the credit. But the IRS on Friday said it discovered many eligible taxpayers hadn't done so. "Looking at our internal data, we realized that one million taxpayers overlooked claiming this complex credit when they were actually eligible," IRS Commissioner Danny Werfel said in a statement

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Daily Mail

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A million taxpayers are getting as much as $1,400 from the IRS. Are you eligible?

The IRS is distributing about $2.4 billion to taxpayers who failed to claim a Recovery Rebate Credit. People who missed one of the COVID stimulus payments or had received less than the full amount were able to claim the credit. The money will be directly deposited into eligible people’s bank accounts or sent in the mail by a paper check.

6mo ago

IRS sending up to $1,400 to 1 million people. Here's who qualifies.

The IRS is sending a total of $2.4 billion in "special payments" to 1 million people. The payments will vary by person, with a maximum amount of $1,400 per recipient. Lawmakers authorized three stimulus payments, with two sent in 2020 and a third in 2021.

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6mo ago

A million taxpayers will soon receive up to $1,400 from the IRS. Who are they and why now?

Approximately 1 million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the coming weeks.

MIDDLE

6mo ago

A million taxpayers will soon receive up to $1,400 from the IRS

Approximately 1 million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the coming weeks

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6mo ago

IRS sending "special" stimulus checks to 1 million Americans

The IRS will send out $2.4 billion in "special payments" to 1 million people who did not claim federal stimulus checks on their tax returns for 2021. Americans are still struggling with higher prices, including that of food and housing. The economy was consistently named as voters' top issues in polls ahead of the November election.

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6mo ago

IRS Announces Automatic Stimulus Payments for Overlooked Taxpayers

The IRS will send special payments of up to USD 1,400 to one million taxpayers who missed claiming a Recovery Rebate Credit. These payments aim to address the oversight of eligible taxpayers who did not receive full COVID stimulus payments. The payments, aimed at those who failed to claim this credit on their 2021 tax returns, will amount to as much as USD1,400 per individual.

MIDDLE

6mo ago

A million taxpayers will soon receive up to $1,400 from the IRS. Who are they and why now?

Approximately 1 million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the coming weeks. The money will be directly deposited into eligible people’s bank

MIDDLE

6mo ago

A million taxpayers will soon receive up to $1,400 from the IRS. Who are they and why now?

A million taxpayers will soon receive up to $1,400 from the IRS. The IRS said it’s distributing about $2.4 billion to taxpayers who failed to claim a Recovery Rebate Credit on their 2021 tax returns. People who missed one of the COVID stimulus payments or had received less than the full.

MIDDLE

6mo ago