Americans Who Would Receive Third Stimulus Check Payments From The IRS Next Week Of June 14

Most of the payments you process the IRS correspond to the so-called additional payments or “plus up” to taxpayers who received an incomplete initial payment

Photo: Jeff Fusco / Getty Images

Next week starting on 14 June, Americans sent a down payment for a third stimulus check based on their tax return for 2019 as well as those who presented their tax information the Internal Revenue Service (IRS) would recently be receiving money from the agency as part of continuing efforts to deliver all payments to the beneficiaries.

The above are the two groups that the IRS focuses on the distribution process of the third round since shipments started last 12 March under the “American Rescue Plan.”

More than 8 million payments ” plus-up ”for third stimulus check

Most Payments in the past weeks correspond to the so-called additional payments or “plus up” .

Supplemental payments are sent to people who In early March they received payments based on their tax returns of 2019 , but are eligible for a new or higher payment based on your recently processed tax returns of 2020. “These ‘additional’ payments could include a situation where a person’s income was reduced by 2020 in comparison with 2019, or a person had a new child or dependent on their tax return of 2020, and other situations, “the agency said in a statement on its website.

The IRS has processed more than 8 million of these supplemental payments this year, according to the information available on its website.

Also recently the IRS has sent payments to eligible individuals for whom previously did not have information to issue an economic impact payment , but recently filed a tax return.

In some cases, These people are not required to file taxes because they generate little or no income; but, in order to receive the stimulus checks due, they submit their information to the agency.

IRS sent more than 2.3 million payments in two weeks

In the most recent round, the twelfth announced by the IRS, the entity disbursed more than 2.3 million payments with a value of more than $ 4.2 billion.

The report this Wednesday covers two weeks of work. The figure brings the total disbursed so far to more than 169 millions of stimulus checks. “They represent a total value of approximately $ 395 billion since these payments began being distributed to Americans in batches on 12 of March ”, said the office.

Of the 2.3 million payments , more of 900, 02 payments, worth more than $ 1.9 billion, went to eligible individuals for whom the IRS previously had no information to issue a economic impact payment, but who recently filed a tax return.

The batch also includes supplemental payments for people who received checks earlier this year based on their tax returns of 2019, but are eligible for a new or higher payment after an evaluation of your tax returns of 2020 recently processed.

“In the last two weeks, more than 1.1 million of these additional payments (“ plus-up ”) were included, with a value of more than $ 2.5 billion ”, detailed the IRS.

IRS has until the 31 December to distribute all checks for the third round

The IRS will continue to schedule round three stimulus checks until all payments are sent.

The agency has not reported a specific date to complete the process, but under the law approved in the United States Congress, the entity has until 14 December to fulfill its obligation .