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News
IRS Sending $2.4B In Unclaimed Stimulus Payments: Here's Who's Eligible
Around $2.4 billion in automatic payments will be issued to nearly one million taxpayers, according to the Internal Revenue Service (IRS). The agency said they will go to those who missed out on claiming the 2021 Recovery Rebate Credit. These payments, with a maximum of $1,400 per individual, aim to ensure eligible Americans receive money they may have overlooked when filing their tax returns. Automatic Payments, Eligibility No action is required for eligible taxpayers to receive the payments, which will be issued automatically. The funds, based on IRS data, will be sent via …
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IRS Sending Special Payments To 1 Million Americans: Here's What To Know
The Internal Revenue Service (IRS) announced it will issue automatic payments this month to nearly one million taxpayers who didn’t claim the Recovery Rebate Credit on their 2021 tax returns. These payments aim to assist eligible individuals who missed claiming the credit, which provides up to $1,400 per person for those who didn’t receive the full amount of their Economic Impact Payments (EIPs). Who Will Receive Payments? Eligible taxpayers include those who filed a 2021 tax return but either left the Recovery Rebate Credit field blank or entered $0 despite qualifying. Payments wil…