IRS is sending some taxpayers up to 1,400. Here s what to know

Get the Full StoryThe IRS said it s distributing about 2.4 billion to taxpayers who failed to claim a Recovery Rebate Credit on their 2021 tax returns.

Approximately one million taxpayers will automatically receive special payments of up to 1,400 from the IRS in the coming weeks. The money will be directly deposited into eligible people s bank accounts or sent in the mail by a paper check.

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