The Internal Revenue Service (IRS) has announced a new round of stimulus payments totaling $2.4 billion, aimed at approximately 1 million Americans. These payments are automatic and are being issued to individuals who did not claim the Recovery Rebate Credit on their 2021 tax return but were eligible.
According to IRS Commissioner Danny Werfel, the payments are intended to correct oversights from 2021 when many taxpayers did not claim the Recovery Rebate Credit. By automating the process, the IRS aims to minimize stress and ensure eligible individuals receive their payments without needing to file an amended return.
By addressing errors from 2021 and ensuring the distribution of unclaimed stimulus funds, this initiative underscores the IRS’s commitment to supporting taxpayers and addressing past challenges. Eligible recipients should watch for direct deposits, checks, or IRS notification letters in the coming weeks.
Jio Platforms, spearheaded by Mukesh Ambani, has reportedly launched a reward token called JioCoin on…
The US Supreme Court has upheld the law permitting the federal government to ban TikTok…
Dr. Aafia Siddiqui, a Pakistani neuroscientist serving an 86-year sentence in the United States for…
The Israeli Justice Ministry announced plans to begin releasing Palestinian prisoners on Sunday as part…
After a four-year-long wait, Paatal Lok Season 2 has made its much-anticipated return on Amazon…
The fate of TikTok in the U.S. has taken a significant turn as outgoing President…