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Thursday, June 13, 2024

More than 2.3 million new stimulus checks have been sent. Here’s who will get the money

  • A new set of stimulus checks for up to $1,400 per person has been sent, the government announced on Wednesday.
  • More than 2.3 million payments, representing over $4.2 billion, is on its way to select Americans.
  • The figure includes "plus-up" payments to people who are due new or additional money now that their 2020 tax returns have been processed.

Image Source | DigitalVision | Getty Images

More than 2.3 million new stimulus checks have been sent, representing over $4.2 billion in payments to Americans, the government announced on Wednesday.

In total, more than 169 million payments worth about $395 billion have been issued since Congress passed the American Rescue Plan Act in March.

That legislation authorized payments of up to $1,400 per person, plus $1,400 per eligible dependent, for individuals and families who fall under certain income thresholds and also meet other requirements.

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In this round, 1.1 million of the new checks — with a value of more than $2.5 billion — were "plus-up" payments. That includes new or larger payments due to individuals and families after their 2020 tax returns have been processed. To date, more than 8 million of these payments have been sent.

Additionally, more than 900,000 checks — worth about $1.9 billion — went to individuals who recently filed their tax returns with the IRS, but did not previously have their information on record.

This latest round of payments includes more than 1.2 million direct deposit payments, while the rest were sent via paper checks.

What to do if you're still missing a payment

If you have not received your $1,400 stimulus check — or the previous two $1,200 or $600 checks — you can still claim the money by filing a federal tax return.

Your 2020 tax return will also show whether your income dropped since you last filed in 2019, or if you have added a dependent, which could make you eligible for additional funds.

The IRS continues to issue checks each week, including "plus-up" payments to those people whose previous checks fell short and new payments to people it did not previously have on record.

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