IRS Issues Payments to Unclaimed Stimulus Recipients

Caroline Mae

2 min read

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13-01-2025

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The Internal Revenue Service (IRS) has begun distributing payments to millions of Americans who never received their stimulus checks from previous COVID-19 relief packages. This significant undertaking aims to rectify past oversights and ensure eligible individuals receive the financial aid they were entitled to.

Who is Eligible for These Payments?

These payments are specifically targeted at individuals who were eligible for stimulus checks under the Economic Impact Payments (EIP) programs but, for various reasons, did not receive them. This could be due to a variety of factors, including:

• Filing taxes late or not at all: Many individuals who didn't file tax returns missed out on automatic payments.
• Changes in address: A failure to update the IRS with a current address prevented the delivery of the check.
• Errors in processing: Administrative errors can unfortunately occur, causing delays or outright failure to receive payments.

How are the Payments Being Distributed?

The IRS is using the information on file to determine eligibility and disburse payments directly. These payments are being issued via direct deposit, where applicable, and paper checks for those without updated banking information. Recipients should expect to see these payments reflected in their bank accounts or received by mail in the coming weeks.

What to Do if You Believe You're Eligible

Individuals who believe they are eligible for these payments but haven't yet received them should check their eligibility status on the IRS website. The IRS provides tools and resources to help individuals track their payments and confirm eligibility. While it is possible that an individual may still be eligible for recovery of unclaimed stimulus funds, it’s important to keep in mind that there are deadlines for claiming these payments. This underscores the importance of keeping your contact information and tax filing status up-to-date with the IRS.

Important Considerations

This initiative reflects the IRS's ongoing commitment to ensuring fair and equitable distribution of government aid. However, it's crucial for individuals to be aware of potential scams. The IRS will never request personal information via email or unsolicited phone calls. Any communication concerning these payments should originate directly from the IRS's official channels. Be vigilant and report any suspicious activity immediately.

Disclaimer: This information is for general guidance only and does not constitute financial or legal advice. Always consult with a qualified professional for personalized advice.