IRS Plans $1,400 Stimulus Checks for Eligible Taxpayers in 2025

The IRS is issuing automatic payments of up to $1,400 to nearly one million taxpayers who failed to claim the Recovery Rebate Credit during the 2021 tax season, totaling approximately $2.4 billion in financial relief. This initiative aims to support individuals who missed out on these credits, which were designed to assist those affected by the COVID-19 pandemic. Eligible taxpayers will receive their payments either via direct deposit or as paper checks, with no further action required on their part. IRS Commissioner Danny Werfel noted that many taxpayers overlooked the credit due to its complexity, prompting this automatic distribution. The payments are part of an ongoing effort to ensure that all eligible individuals receive the financial assistance they are entitled to. The IRS aims to improve taxpayer support and streamline processes for those who may have missed claiming their benefits in the past.