The Internal Revenue Service (IRS) has announced a new round of $1,400 stimulus payments for certain taxpayers who never claimed their 2021 Recovery Rebate Credit. These payments, aimed at roughly one million people, are being issued automatically to those who qualified but did not receive their stimulus money at the time.
The IRS is distributing these payments as part of an ongoing effort to ensure that every eligible taxpayer gets the financial support they were entitled to during the pandemic. In total, the agency expects to send out $2.4 billion in payments over the coming weeks.
Who Is Eligible for the $1,400 Payment?
Not everyone will receive this payment. The stimulus checks are specifically for taxpayers who filed a 2021 tax return but either:
- Left the Recovery Rebate Credit blank or
- Incorrectly reported $0 when they were eligible for the credit.
If you fall into one of these categories, you don’t need to do anything—the IRS is automatically sending out the money to qualified individuals.
When and How Will You Get Paid?
The IRS has confirmed that payments will be issued by the end of January 2025. These funds will be sent in two ways:
- Direct deposit to the bank account listed on your most recent tax return.
- Paper checks are mailed to the address on file with the IRS.
Recipients will also receive an official letter from the IRS confirming their payment.
What If You Never Filed a 2021 Tax Return?
If you didn’t file a 2021 tax return, you might still be eligible to claim the Recovery Rebate Credit. The IRS encourages these individuals to file their 2021 taxes before April 15, 2025, to claim any missed stimulus payments.
Even if you had low or no income in 2021, you can still qualify for the payment, but you must submit a tax return before the deadline to receive it.
How to Check If You’re Getting a Payment
To verify your eligibility and track your payment, follow these steps:
- Log in to your “my IRS” account at IRS.gov.
- Review your 2021 tax return to see if you claimed the Recovery Rebate Credit.
- Look out for an IRS letter confirming the payment.
- Check your bank account for direct deposits from the IRS.
What You Should Do Now
If you believe you are eligible for the $1,400 payment, watch your mail and bank account for the deposit in the coming weeks. If you missed out on claiming your stimulus check, file your 2021 tax return before the April 15, 2025 deadline to get your money.
For more details, visit the IRS official website or speak to a tax professional to ensure you receive the payment you deserve.
