Apr 30, 2021
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More "plus-up" stimulus payments are on the way to eligible taxpayers this week, according to the Internal Revenue Service.
The IRS sent out COVID-19 relief checks to nearly 2 million more Americans in the seventh batch of payments made under President Joe Biden's American Rescue Plan, the agency said Wednesday.
The latest batch included more than 730,000 plus-up payments for those who are eligible for more money, now that their 2020 tax returns have been processed. These are taxpayers or households that either didn't qualify for a third stimulus check based on their 2019 income or got less than they were due.
That brings the total disbursed payments from the third round of stimulus checks during the coronavirus pandemic to about 163 million, worth about $384 billion since these checks began rolling out to Americans in batches starting in mid-March.
The seventh batch of payments, which total up to $1,400 per individual, began processing on April 23, with an official payment date of April 28. Some people received direct payments in their accounts earlier as provisional or pending deposits, the IRS said.
It also included more than 1.2 million payments to eligible individuals for whom the IRS previously didn't have information to issue an Economic Impact Payment but who recently filed a tax return.
This batch contained about 1.1 million payments via direct deposit payments and about 850,000 paper check payments, the IRS said.