Reported about 19 hours ago
The IRS is set to distribute approximately $2.4 billion in automatic payments to about 1 million taxpayers who did not claim their Recovery Rebate Credit on their 2021 tax returns. Eligible individuals can receive up to $1,400, especially those who left the credit field blank or reported it as $0 despite being qualified. The IRS aims to make this payment process smooth to ensure those who missed out on COVID stimulus payments receive their funds without needing to amend their tax returns.
Source: YAHOO