As many as 1 million taxpayers will receive a "special" year-end gift from the IRS as the agency deposits pandemic-era stimulus checks worth a total of $2.4 billion directly in their bank accounts.
The automatic deposits will be issued "later this month" and should arrive "in most cases" by late January 2025, the agency said. They will be paid to eligible taxpayers who did not claim the 2021 recovery rebate credit on their tax return for themselves and their dependents, worth up to $1,400 per individual.
