The IRS identified that it owes $2.4 billion in stimulus payments to about one million eligible taxpayers, with amounts potentially reaching $1,400 each. These payments do not require any action; they will be automatically sent out. However, recipients are encouraged to consider how to best utilize these funds, suggesting immediate depositing into a safe account to avoid hasty spending, and reiterating the value of prioritizing financial stability, such as paying down debt or saving for future needs.
Getting an unexpected $1,400 is the kind of financial boon that is both smaller and larger than it seems.
Your first order of business...is to put it somewhere you can't fritter it away.
Collection
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