IRS Sending $1400 Stimulus Check Payments to 1 Million People NOW… Arrival Info – IT’S REAL?

$1400 Stimulus Check Payments Date: IRS is releasing the $1400 One time stimulus payment to the Eligible citizens in the country in December 2024. It is the financial assistance payment for low income citizens who did not claim their payment during the COVID 19 as Recovery rebate credit.

So if you also want to get such $1400 Stimulus Check Payments directly from the authority then you can check the latest update released by the IRS and claim the $1400 amount in your bank account directly. You can check the $1400 Stimulus Check Payments eligibility criteria, procedure to claim the payment, date of releasing the $1400 Stimulus Check Payments and other information in this article.

$1400 Stimulus Check Payments Overview

EventInformation
Payment Up to $1,400 per taxpayer
Total Recipients1 million (Approx)
Total Distribution$2.4 billion
Deadline to Claim for Stimulus CheckApril 15, 2025
Payments MethodDirect deposit/ paper check
Official Portalwww.irs.gov

IRS 1400 USD stimulus check 2024 

The Government of USA has provided special payment to the all tax prayers in the country during the Global lockdown in 2021 due to impacts of COVID 19. These payments are known as Economic impact payments- EIP and also called as stimulus checks payment.

The authority has provided 3 to 4 EIP payments to the individuals according to their Tax Information. However, approximately more than 1 million Americans did not claim their EIP payments so they can get the benefit such payments in 2024 as Recovery rebate credit of $1400. It will ensure recovery to claim their pending payments.

Trump’s $1702 Stimulus Payment Coming Soon: Is it true? Expert Insights, Dates & How to Claim?

Byron Hanke Fellowship 2025: Applications for the Scholarships are open, Deadline March 1, 2025

How much individuals get?

The payment of recovery rebate credit 2024 Will be calculated according to the Tax Information of the applicant and the family conditions which they have submitted during submitting the tax. However the maximum amount in this program is 1400 USD which will be directly refunded in bank account of the applicants.

As per the official data of the IRS, 1 million Americans will get such benefits in the last week of December and earlier days of January 2025 where authority will distribute up to 2.4 billion USD in this program. 

Who can get IRS December payment 2024

  • Filing Requirement: Taxpayers who did not file a 2021 tax return can still claim the credit by filing their return before April 15, 2025.
  • Minimal or No Income: Individuals with low or no income are also eligible but must file a return to claim the credit.
  • Economic Impact Payment Status: Taxpayers who did not receive one or more Economic Impact Payments (stimulus payments) during the pandemic may qualify for the Recovery Rebate Credit.

Apart from this individuals can provide their additional family details to get the additional benefits such as dependent claims, additional claim for spouse and children etc. It is important to know that the payment will be released according to the Tax Information of the annual year of 2021. So how much you have provided your details in 2021 will impact on your overall benefits.

How to apply for the $1400 Stimulus Check Payments?

There are two conditions to apply in the program which are the following

  • Either if you have submitted your tax of 2021 
  • Or if you do not submit your tax for the year of 2021

For Taxpayers Who Have Already Filed Their 2021 Tax Return

No Action Needed: If you’re eligible based on IRS data (e.g., you filed a return but didn’t claim the credit), the IRS will issue the payment automatically. Payments will be sent directly to your bank account or address on file. Look out for a notification letter from the IRS confirming the payment. 

For Taxpayers Who Haven’t Filed Their 2021 Tax Return

If you missed filing your 2021 tax return, you still have until April 15, 2025, to claim the Recovery Rebate Credit. Where you need to follow the following procedure to claim the payment:

Step 1: Gather Required Documents

  • Social Security Numbers for you and any dependents.
  • 2021 income information (if any) such as W-2s or 1099s.
  • Documentation for Economic Impact Payments you received, if any (e.g., IRS Notice 1444 or 1444-C).

Step 2: File a 2021 Tax Return

  • Use IRS Free File (available on the IRS website) or hire a tax professional.
  • On the tax return, calculate the Recovery Rebate Credit by referring to The amounts of Economic Impact Payments already received and eligibility criteria, such as income thresholds and dependent information.

Step 3: Submit Your Return

  • File your tax return electronically for faster processing.
  • If filing a paper return, ensure all sections are completed and mail it to the appropriate IRS address (check the IRS website for your state’s mailing address).

Step 4: Track Your Credit

  • Use the IRS Get My Payment tool or create an IRS Online Account to track your Recovery Rebate Credit or Economic Impact Payment status.

Social Security Age Changes from January 1, 2025: All You Need to Know

$1300 Cash Relief from Commonwealth Bank for Australians: Which account holders will get the benefit?

$1400 Stimulus Check Payment Date

The authorities have informed that individuals who have already submitted the application form have started to receive their payment from December 2024. However the distribution of the amount will take a long time and individuals who did not receive their payment have to wait till 15 January 2025.

However if you do not submit your tax of the 2021 and applied before 15 April 2025, then you will get your payment from the authority after receiving all the Tax Information of the individuals after April 2025.

opscrecruitment

FAQs

Do I have to submit an application for this payment?

No, eligible taxpayers will receive payments from the IRS automatically.

When can I expect to get paid?

The majority of payments are anticipated to arrive by late January 2025, having been sent in December 2024.

What happens if I believe I qualify but don’t get paid?

To confirm eligibility, check your 2021 tax return or get in touch with the IRS.

Can I get this money on behalf of a family member who passed away?

If they qualified, you might be able to claim the credit, as payments are made based on 2021 eligibility.

Author

Leave a Comment