IRS Sending Up to $1400 Stimulus Checks to 1 Million People – Who Qualifies?

komal
By komal
3 Min Read

The IRS has announced that about 1 million people will soon receive special payments of up to $1,400. These payments are meant for Americans who missed out on part or all of their stimulus checks during the COVID-19 pandemic. The good news? Eligible people don’t need to apply—the payments will be sent automatically. Here’s everything you need to know about these upcoming IRS payments.

What Are the $1,400 IRS Payments?

These payments are part of a $2.4 billion effort by the IRS to ensure that everyone who was eligible for stimulus money during the pandemic actually gets it. Some people never received their full payments, and the IRS is now correcting that mistake.

IRS Commissioner Danny Werfel explained that the goal is to make this process easy. Instead of forcing people to file amended tax returns, the IRS is sending the payments automatically to those who qualify.

Who Will Receive a Payment?

The IRS is issuing these payments after reviewing tax records. They found that some people filed tax returns but never claimed the “recovery rebate credit” in 2021.

What is the Recovery Rebate Credit?

  • The recovery rebate credit was created for people who didn’t receive their full stimulus payments when they were originally sent.
  • Congress approved three rounds of stimulus payments—two in 2020 and one in 2021.
  • Most people got their payments automatically, but some didn’t, and this credit helped them get the money later.

Even though most eligible taxpayers already received their stimulus checks, the IRS says around 1 million people missed out and are still owed money.

Do You Need to Apply for the Payment?

No! If you qualify, the IRS will send the payment automatically. You don’t need to fill out any forms or refile your taxes.

The IRS will also send a letter to notify those receiving the money. This means if you’re eligible, you’ll get a direct deposit or a paper check in the mail—without having to do anything.

When Will the Payments Be Sent?

The IRS has confirmed that:

  • Payments will start going out in December 2024.
  • Most people will receive their money by late January 2025.
  • The payment will either be direct deposited into your bank account or sent as a paper check in the mail.

If you missed out on stimulus money, you could be getting a $1,400 payment from the IRS soon. The payments are part of an effort to correct past mistakes and ensure that everyone who was eligible gets what they’re owed. No action is needed—the money will be sent automatically to those who qualify. If you think you might be eligible, keep an eye on your bank account or mailbox in the coming weeks.

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