In a significant move, the IRS is set to distribute $1,400 stimulus checks to eligible individuals who missed out on claiming their Recovery Rebate Credit. This initiative aims to reach over a million taxpayers who were eligible but did not receive the third stimulus payment during the COVID-19 pandemic.

This month, the IRS will be sending out stimulus checks of up to $1,400 to around one million U.S. taxpayers. Find out here if you're eligible.

The IRS announced eligible U.S. taxpayers who did not claim the Recovery Rebate Credit on their 2021 tax return will soon receive a stimulus check.

Payments will be sent to the bank account listed on the taxpayer’s 2023 tax return or to the address of record. The exact amount of the payment will vary but maximum is $1,400 per individual. The total amount distributed by the IRS is $2.4 billion.

The IRS said most taxpayers eligible for the federal stimulus payments, formally known as Economic Impact Payments, have already received them, but that approximately 1 million taxpayers did not claim the credit.

Taxpayers who failed to claim a Recovery Rebate Credit on their 2021 tax returns will get up to $1,400 this month.

The headline might feel like it's 2020 or 2021 all over again, but it's true: The IRS is distributing billions of dollars in stimulus aid checks to taxpayers by the end of January 2025. Before you

The IRS is issuing automatic stimulus payments to eligible individuals who missed out on claiming the Recovery Rebate Credit on their 2021 tax returns.