IRS sending automatic stimulus payments. Are you on the list?
Briefly

from www.ocregister.com3 weeks ago
The IRS is distributing approximately $2.4 billion to about 1 million taxpayers who failed to claim the Recovery Rebate Credit on their 2021 tax returns.
www.ocregister.comhttps://www.ocregister.com/2025/01/14/irs-is-sending-out-automatic-stimulus-payments-who-is-getting-them/
Commissioner Danny Werfel noted that the IRS found one million taxpayers overlooked claiming this complex credit when they were indeed eligible for it.
www.ocregister.comhttps://www.ocregister.com/2025/01/14/irs-is-sending-out-automatic-stimulus-payments-who-is-getting-them/
Payments will vary, but the maximum amount received by eligible individuals is $1,400, demonstrating a significant effort to rectify overlooked credits.
www.ocregister.comhttps://www.ocregister.com/2025/01/14/irs-is-sending-out-automatic-stimulus-payments-who-is-getting-them/
This initiative aims to streamline the payment process by automatically sending funds to individuals without requiring them to apply for the Recovery Rebate Credit.
www.ocregister.comhttps://www.ocregister.com/2025/01/14/irs-is-sending-out-automatic-stimulus-payments-who-is-getting-them/
Read at www.ocregister.com
#irs #covid-stimulus #tax-refunds #economic-impact-payments #recovery-rebate-credit
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