The Internal Revenue Service (IRS) is set to distribute a special payment of $1,400 to approximately 1 million qualified individuals as part of continued COVID relief efforts. This payment aims to assist those who may not have received previous stimulus checks or who experienced changes in financial circumstances. The funds will be automatically issued and are expected to be disbursed starting next month. According to IRS Commissioner Doug O’Donnell, ‘This is an important step in ensuring that individuals and families affected by the pandemic receive the support they need.’ Individuals who qualify include taxpayers who received the original stimulus checks, among others. The IRS emphasizes that no action is required from eligible taxpayers as the payment will be processed automatically. This initiative builds on the precedent set by earlier COVID-19 stimulus packages, with the goal of providing financial assistance to those still recovering from the economic impact of the pandemic. The total distribution amount for this program is estimated to reach $1.4 billion.
IRS Announces Special Payment of $1,400 to Millions in COVID Relief
