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

from The Mercury News1 month ago
The IRS is distributing approximately $2.4 billion to about 1 million taxpayers who overlooked claiming the Recovery Rebate Credit on their 2021 tax returns.
The Mercury Newshttps://www.mercurynews.com/2025/01/14/irs-is-sending-out-automatic-stimulus-payments-who-is-getting-them/
IRS Commissioner Danny Werfel stated that internal data revealed one million taxpayers overlooked this complex credit when they were eligible for it.
The Mercury Newshttps://www.mercurynews.com/2025/01/14/irs-is-sending-out-automatic-stimulus-payments-who-is-getting-them/
Eligible taxpayers will receive special payments up to $1,400 each, as the IRS aims to automatically distribute funds without requiring amended returns.
The Mercury Newshttps://www.mercurynews.com/2025/01/14/irs-is-sending-out-automatic-stimulus-payments-who-is-getting-them/
The Recovery Rebate Credit is intended for individuals who did not receive Economic Impact Payments during 2020 and 2021.
The Mercury Newshttps://www.mercurynews.com/2025/01/14/irs-is-sending-out-automatic-stimulus-payments-who-is-getting-them/
Read at The Mercury News
#irs #covid-19-stimulus-payments #tax-credit #recovery-rebate-credit #economic-impact-payments
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