IRS to send $2.4B in unclaimed stimulus payments

IRS to send $2.4B in unclaimed stimulus payments: Who is eligible?
According to a press release from the IRS, about $2.4 billion was expected to be distributed in December, and in most cases, the payments would arrive by late January 2025 to the bank account listed on the taxpayer’s 2023 tax return or to the address on record.
IRS stimulus checks: Who qualifies for the $1,400 payment?
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. You could still be eligible for a payment even if you don’t receive one this month.
IRS sending out $2.4 billion worth of stimulus checks: Are you eligible to receive one?
The IRS announced eligible U.S. taxpayers who did not claim the Recovery Rebate Credit on their 2021 tax return are in line to receive a stimulus check.
IRS is sending out automatic stimulus payments. Who is getting them?
The IRS is distributing about $2.4 billion to taxpayers who didn’t receive their COVID stimulus payments. By the end of January, approximately 1 million taxpayers will receive special payments of up to $1,400 from the IRS.
Are You Eligible for the New IRS Stimulus Checks? Here's How to Find Out
Each payment is worth up to $1,400 and available to those with previously unpaid stimulus, officially known as Economic Impact Payments (EIP).
IRS is sending stimulus payments to 1 million Americans. Here's who is eligible
Money is coming to taxpayers who didn’t receive their COVID stimulus payments. By the end of January, approximately 1 million taxpayers will receive special payments of up to $1,400 from the IRS, totaling $2.
Hosted on MSN2h
Tax filing season opens in two weeks; IRS urges detailed approach to filing
Tax filing season is just around the corner. The Internal Revenue Service (IRS) recently announced that taxpayers will be ...
IRS says taxpayer service will suffer if Congress cuts modernization funds
The Internal Revenue Service said on Friday it will launch the 2025 tax filing season on Jan. 27 with expanded tools that ...
Eastern Arizona Courier3d
IRS announces Free File service now open
The Internal Revenue Service announced that its Free File Guided Tax Software has begun accepting individual tax returns for the 2024 tax year as of Jan. 10.
IRS service is improving. report to Congress says. But, it’s still dogged by ‘delays, frustration’
For the first time since I became the National Taxpayer Advocate in 2020, I can begin this report with good news: The taxpayer experience has noticeably improved,” Taxpayer Advocate Erin Collins wrote ...
JD Supra4d
Treasury and IRS Release Final Regulations Applicable for Front-End Service Providers Facilitating Digital Asset and Cryptocurrency Transactions
On December 30, 2024, the Department of the Treasury (the Treasury) and the Internal Revenue Service (the IRS) published the final regulations ...
Taxpayers can use free IRS tool to file 2024 federal income taxes as soon as Friday
The IRS announced that eight private-sector partners will participate in its Free File program during the 2025 tax season.
Your IRS refund could take years if you were a victim of ID theft. The national taxpayer advocate wants that fixed
Tax-related identity theft is common, but the Internal Revenue Service is often too slow to move when refunds become ...
Financial Advisor3d
IRS Raises 401(k) Contributions, With Catch-Up Provisions As High As $11,250
The IRS also gave older workers the greenlight to increase retirement savings using catch-up contributions. Employees over 50 can make catch-up contributions of up to $7,500, while those age 60 to 63 ...