The IRS is gearing up to send out direct deposits of up to $1,200 to eligible taxpayers in February 2025. These payments are part of an effort to assist individuals who missed out on previous stimulus checks during the COVID-19 pandemic.
According to the IRS, the payments will be sent automatically to those who qualify based on their tax records. If you haven’t received your past stimulus payments, this could be your chance to get the financial relief you were owed.
Who Qualifies for the $1,200 Payment?
To be eligible for this direct deposit, taxpayers must have filed their 2021 or 2022 tax returns. The IRS is using these records to determine who still needs to receive their missing stimulus payments. If you meet the income requirements and have not yet received your full stimulus amount, you could see up to $1,200 deposited into your bank account this month.
How to Ensure You Receive Your Payment
The IRS advises taxpayers to make sure their banking information is up to date to avoid delays. If your direct deposit details have changed, updating them with the IRS as soon as possible will help ensure you receive your money without issues.
For those who haven’t filed their taxes yet, there’s still time. The deadline to claim the payment is April 15, 2025. Filing your tax return before this date is crucial if you believe you’re eligible for the payment but haven’t received it yet.
For more details, taxpayers are encouraged to visit the IRS website and check their eligibility.
