The IRS announced eligible U.S. taxpayers who did not claim the Recovery Rebate Credit on their 2021 tax return will soon receive a stimulus check.

In a significant move, the IRS is set to distribute $1,400 stimulus checks to eligible individuals who missed out on claiming their Recovery Rebate Credit. This initiative aims to reach over a million taxpayers who were eligible but did not receive the third stimulus payment during the COVID-19 pandemic.

About 1 million people in the United States are due to receive the payment, the IRS said. Do you qualify? Checks could be up to $1,400.

The IRS is distributing about $2.4 billion to taxpayers who didn’t receive their COVID stimulus payments. By the end of January, approximately 1 million taxpayers will receive special payments of up to $1,

The exact amount of the payment will vary but maximum is $1,400 per individual. The total amount distributed by the IRS is $2.4 billion. You could still be eligible for a payment even if you don’t receive one this month.

Taxpayers who failed to claim a Recovery Rebate Credit on their 2021 tax returns will get up to $1,400 this month.

"Looking at our internal data, we realized that one million taxpayers overlooked claiming this complex credit when they were actually eligible."

According to a press release from the IRS, about $2.4 billion was expected to be distributed in December, and in most cases, the payments would arrive by late January 2025 to the bank account listed on the taxpayer’s 2023 tax return or to the address on record.