Around $2.4 billion in automatic payments will be issued to nearly one million taxpayers, according to the Internal Revenue Service (IRS). The agency said they will go to those who missed out on claiming the 2021 Recovery Rebate Credit.

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 $1,400 from the IRS.

The checks are part of the COVID-era aid package authorized during the height of the pandemic. If you’re eligible, you don’t have to do anything to claim it. This month, the IRS is sending out stimulus checks worth up to $1,

Each payment is worth up to $1,400 and available to those with previously unpaid stimulus, officially known as Economic Impact Payments (EIP).

The Internal Revenue Service is sending out $2.4 billion in stimulus payments to approximately 1 million eligible taxpayers who didn't receive 2021 COVID recovery relief payments. The big picture: The special payments are as high as $1,

This month, the IRS will be sending out stimulus checks of up to $1,400 to around one million U.S. taxpayers. Find out here if you're eligible.

The stimulus payments aren’t technically new – instead, they are funds eligible taxpayers failed to claim when they filed their 2021 returns. The money, technically known as the Recovery Rebate Credit,