The IRS continues to send billions of dollars in(see the full delivery chart below), including about 700,000 each week for the last two weeks. This batch also includes , and who took the extra step to provide some information the IRS needed to send the payment (this group may include ).
The takeaway for you is that stimulus money is still coming, and could be for months, especially with these supplemental plus-up payments that the IRS owes based onusing “old” information, rather than your 2020 tax return. With the new deadline, more plus-up payments will arrive, extending stimulus check delivery by weeks and possibly months — even if you already received most of your payment (this is how to with the IRS).
Read on for everything you need to know, including how toand when you should file a . For more money matters, here’s what to know about the for and find if and how Biden’s future . Also, see how you could get up to this year. Here’s the latest on and a . This story was recently updated.
Stimulus plus-up payments keep on coming
The IRS sent roughly $1.2 billion this past week to people who already got stimulus checks — and that’s a good thing. These stimulus checkare the IRS’ way of reconciling differences in how much stimulus money you’re entitled to receive based on your 2019 versus 2020 taxes (or other factors if you ).
There may be a number of reasons you qualify for a plus-up payment, but the bottom line is that if you’re not paying close attention, you may not realize you should expect the supplement. That’s why we strongly suggest you know how much Read more>>, and hold onto the relevant . We don’t want you leaving money on the table if you’re owed a plus-up payment that for whatever reason never arrives…