The IRS is issuing new stimulus payments of up to $1,400 per person, targeting around one million taxpayers who may have missed out on their Recovery Rebate Credit. These payments are part of a broader effort to ensure that eligible Americans receive any unclaimed funds from earlier stimulus rounds. Here’s what you need to know to see if you qualify and how to claim it if you haven’t already.
What’s Behind the $1,400 Payment?
If you filed a 2021 tax return but didn’t claim the Recovery Rebate Credit—or entered $0 by mistake—you could be eligible for these automatic payments. The IRS confirmed that individuals who missed out on the 2020 or 2021 stimulus payments will get the funds now, with a maximum of $1,400 per person.
The payments are automatic, meaning there’s no extra paperwork or application required if you’ve already filed your 2021 taxes correctly.
When Will the Payments Arrive?
The distribution began in December 2024 and will continue through late January 2025. The funds will be sent either via direct deposit to your bank account or through a paper check mailed to your address on file with the IRS. If you’re eligible, you don’t need to take any action—you’ll get the payment automatically.
What If You Haven’t Filed Your 2021 Tax Return?
Here’s the good news: you can still claim the money if you missed out. If you didn’t file a 2021 tax return, you have until April 15, 2025, to do so and claim the Recovery Rebate Credit. Even if you don’t usually file taxes because of low or no income, it’s worth filing to see if you qualify.
Are There Really $2,200 or $4,200 Stimulus Payments Coming?
Rumors about $2,200 and $4,200 stimulus checks have been circulating online, but no official federal programs currently back those figures. The $1,400 payments are the latest confirmed disbursements. The IRS advises taxpayers to stay updated through official channels to avoid falling for misinformation or scams.
Key Takeaways
- Automatic Payments: The IRS is automatically sending up to $1,400 to eligible individuals who missed out on earlier stimulus payments.
- No Action Needed (for Most): If you’ve already filed your 2021 tax return, you don’t need to do anything further to receive the payment.
- File if You Haven’t: Those who haven’t filed their 2021 taxes should do so by April 15, 2025, to potentially claim the payment.
- Watch Out for Rumors: Be cautious of unverified reports of new stimulus programs, and always check official IRS announcements for accurate updates.
To check your eligibility or get more information, visit the IRS website or consult with a tax professional.
