The IRS said it is continuing to distribute federal stimulus checks to eligible Americans, with another 2.3 million payments issued on last week. Some of those payments include “plus-up” adjustments for people who received less money than they were entitled to in earlier checks.
The latest round of payments is part of the Biden administration’s efforts under the American Rescue Plan to deliver $1,400 to each eligible adult and child. The IRS on Wednesday said it has now delivered more than 169 million payments worth $395 billion, with the last batch of checks amounting to a total of $4.2 billion.
Long wait for some
While the latest stimulus payments began hitting bank accounts in March, some people haveweeks or months for their checks. That’s because the IRS prioritized sending checks to people who had already filed their 2019 or 2020 tax returns, since the agency was able to quickly verify eligibility based on income and also determine where to mail or direct deposit the checks.