More than 2.3 million stimulus checks were sent as the last batch of the US bailout, totaling more than $ 4.2 billion to Americans, the IRS said on Wednesday.
More than 169 million payments worth about $ 395 billion have been sent since the adoption of the US bailout in March, the IRS said.
The latest batch of checks includes over 900,000 checks worth approximately $ 1.9 billion that went to people about whom the IRS did not have enough information to issue payments but who did recently filed tax returns.
Among those who receive checks, there are people who received an upfront payment with amounts based on their 2019 tax returns, according to the IRS. Some have seen their financial situation change when filing for 2020 income tax, so they are entitled to more money in the form of these “premium payments”.
Over 1.1 million “plus-up” payments, valued at over $ 2.5 billion, were sent this time around. The IRS said more than 8 million “plus-up” payments have been issued so far this year.
The last two weeks of checks include over 1.2 million direct deposit checks with a total value of over $ 2.2 billion, as well as paper checks.
WHAT TO DO IF YOU ARE ELIGIBLE BUT HAVE NOT RECEIVED A CHECK?
The IRS recommends that people who typically do not file tax returns file their 2020 taxes now in order to get the benefits they are entitled to, including the 2020 Recovery Refund Credit, Child Tax Credit and the earned income tax credit.
People who receive some form of federal benefits, including Social Security, must file a 2020 income tax return so that the IRS has their most recent information, including on eligible dependents, in order to issue claims. payments.
Homeless people and others who do not receive federal benefits may still be eligible for stimulus checks, but they must file an income tax return to receive the money, the IRS said.
People can check the status of their relief checks by going to the Get My Payment tool here.
New round of stimulus checks to Americans, according to IRS. Who has one?