IRS to Issue $2.4 Billion in Recovery Rebate Credit Payments to One Million Taxpayers

IRS to Issue $2.4 Billion in Recovery Rebate Credit Payments to One Million Taxpayers

The Internal Revenue Service (IRS) has announced it will distribute approximately $2.4 billion in stimulus payments to eligible taxpayers who were qualified for the Recovery Rebate Credit (RRC) in 2021 but did not claim it. Around one million taxpayers will receive these payments automatically, either through direct deposit or paper checks, by late January. Who…

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