The IRS Just Sent Another Round Of Stimulus Checks To These Eligible Americans
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The Internal Revenue Service announced Wednesday that another round of stimulus checks was sent out another 1.1 million payments in the eighth batch of Economic Impact Payments from the American Rescue Plan.
The government agency announced that the eighth round of payments started on Friday, April 30, but the batch had an official payment date of May 5.
According to the IRS, this latest round of stimulus checks is valued at more than $2 billion.
So who received stimulus checks this time around?
The payments were sent to eligible individuals who did not previously receive a stimulus check.
This latest round of relief also includes ongoing plus-up payments “for people who earlier this year received payments based on their 2019 tax returns but are eligible for a new or larger payment based on their recently processed 2020 tax returns.”
Overall, this eighth batch of stimulus check payments contains about 600,000 direct deposit payments with the remainder on paper payments.
The IRS will continue to issue stimulus payments on a weekly basis and ongoing payments “will be sent to eligible individuals for whom the IRS previously did not have information to issue a payment but who recently filed a tax return, as well as to people who qualify for ‘plus-up’ payments.”
The IRS also urging those who do not typically file taxes to submit a return this year in order to get their payments. This includes the homeless and rural poor Americans.