$1,400 IRS Payments Going Out to 1 Million People – See If You’re on the List!

$1,400 IRS Payments Going Out to 1 Million People – See If You're on the List! Learn who qualifies, how to check your status, and what you need to do to receive this payment. Eligible taxpayers who missed the 2021 Recovery Rebate Credit are set to receive these payments automatically.

By Praveen Singh
Published on
$1,400 IRS Payments Going Out to 1 Million People
$1,400 IRS Payments Going Out to 1 Million People

$1,400 IRS Payments Going Out to 1 Million People: Are you one of the 1 million people set to receive a $1,400 payment from the IRS? In a new round of economic relief, the Internal Revenue Service (IRS) is distributing $1,400 payments to eligible taxpayers who missed out on the 2021 Recovery Rebate Credit. These payments are part of the continued effort to provide financial support to individuals affected by the COVID-19 pandemic.

This article breaks down who qualifies, how to check if you’re on the list, and what you need to do to receive your payment. Keep reading to find out if you’re eligible and learn about the steps required to claim your money.

$1,400 IRS Payments Going Out to 1 Million People

DetailInformation
Payment AmountUp to $1,400 per individual, including dependents
Total DistributedApproximately $2.4 billion to 1 million eligible taxpayers
Eligibility CriteriaTaxpayers who did not claim the 2021 Recovery Rebate Credit on their tax returns
Distribution MethodDirect deposit or paper checks
Action RequiredNo action required for those who already filed; non-filers must submit their 2021 tax returns by April 15, 2025
Beware of ScamsThe IRS never sends unsolicited texts or emails requesting personal or financial information.

The $1,400 IRS payments are a lifeline for many eligible taxpayers who missed out on the 2021 Recovery Rebate Credit. If you believe you qualify, check your payment status using the Get My Payment tool and file your 2021 tax return if you haven’t done so already. Remember to stay vigilant against scams and use official IRS resources for accurate information.

What Are the $1,400 IRS Payments?

The $1,400 IRS payments are part of the 2021 Recovery Rebate Credit, introduced under the American Rescue Plan Act to provide financial relief during the COVID-19 pandemic. These payments are meant for individuals who:

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  • Did not receive the full amount of the third Economic Impact Payment (EIP) in 2021, or
  • Missed the payment entirely due to not filing their 2021 tax returns.

Who Qualifies for the $1,400 IRS Payments?

To be eligible for this payment, you must meet the following criteria:

  • Income Limits:
    • Single filers with an Adjusted Gross Income (AGI) of up to $75,000 are eligible for the full payment.
    • Heads of household with AGIs up to $112,500 and married couples filing jointly with AGIs up to $150,000 are also eligible.
    • Payments phase out for single filers earning up to $80,000, heads of household earning up to $120,000, and joint filers earning up to $160,000.
  • Social Security Number (SSN): You and any qualifying dependents must have a valid SSN issued before the due date of the tax return.
  • Dependency Status: You cannot be claimed as a dependent on another taxpayer’s 2021 tax return.

Why Are These Payments Being Issued Now?

The IRS identified that many eligible taxpayers either left the Recovery Rebate Credit field blank or entered $0 on their 2021 tax returns, resulting in missed payments. To correct this, the IRS is automatically issuing these payments to eligible taxpayers without requiring an amended return.

How Will Payments Be Distributed?

The IRS is using two methods to distribute the $1,400 payments:

  • Direct Deposit
    • If you provided your bank account information on your most recent tax return, the payment will be directly deposited into your account.
    • Most direct deposits will be completed by the end of March 2025.
  • Paper Checks
    • If no bank account information is available, the IRS will mail a paper check to the address listed on your tax return.
    • Checks are expected to arrive by mid-April 2025.

Pro Tip: If you moved recently, ensure your address is up to date with the IRS to avoid delays. You can update your address using Form 8822 or by visiting your local post office.

Check If You’re on the List

You can check the status of your payment using the Get My Payment tool on the IRS website. Here’s how to use it:

  • Visit the IRS Portal: Go to Get My Payment.
  • Enter Personal Information: Provide your Social Security Number, date of birth, and mailing address.
  • Check Status: The tool will show whether your payment has been processed, the payment method (direct deposit or check), and the estimated delivery date.

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What If You Haven’t Filed Your 2021 Tax Return?

If you haven’t filed your 2021 tax return, you still have a chance to claim the $1,400 payment by submitting your return before April 15, 2025. Follow these steps:

  • File Electronically: Use IRS Free File or a trusted tax preparation service to file your return electronically.
  • Direct Deposit Information: Provide your bank account details for faster payment through direct deposit.
  • Claim the Recovery Rebate Credit: Make sure to claim the 2021 Recovery Rebate Credit on Line 30 of Form 1040.

Source: IRS Recovery Rebate Credit

Beware of Scams

With the distribution of IRS payments, scammers are known to exploit the situation. Here’s how to protect yourself:

  • The IRS does not send unsolicited texts or emails. If you receive a suspicious message claiming to be from the IRS, do not click on any links or provide personal information.
  • Report Scams: If you receive a scam email or text, report it to the Federal Trade Commission (FTC) at reportfraud.ftc.gov.
  • Use Secure Websites: Only use official IRS websites ending in .gov to check payment status or file tax returns.

Source: FTC Consumer Information

FAQs On $1,400 IRS Payments Going Out to 1 Million People

Q: Do I need to take any action to receive this payment?
A: No action is required if you’ve already filed your 2021 tax return. The IRS will automatically issue the payment if you’re eligible.

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Q: How can I check the status of my payment?
A: Use the Get My Payment tool on the IRS website to check the status and method of your payment.

Q: What if I missed the previous stimulus payments?
A: You can still claim the missed payments by filing a 2021 tax return and claiming the Recovery Rebate Credit.

Q: Are these payments taxable?
A: No, the $1,400 payments are not considered taxable income and will not affect your 2025 tax return.

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