US tax authorities announced that special payments of $1,400 will be disbursed to 1 million taxpayers who did not claim under the 2021 recovery plan, in what could be the final batch of pandemic-era stimulus checks.
Internal Revenue Service (IRS) He said in an advisory That the payments were a “special move” after the audit found many eligible taxpayers who did not receive one or more Economic Impact Payments (EIP), also known as “stimulus” payments.
There have been three rounds of EIP payments to US citizens during the pandemic, totaling $4,500, or nearly $931 billion, between April 2020 and December 2021, according to the US Treasury Department.
The estimated amount of outgoing payments will be approximately $2.4 billion.
The Coronavirus Aid, Relief, and Economic Security (CARES) Act of 2020 provided the largest amount of funding, $1.8 trillion, to combat the health care crisis as well as the economic fallout that followed the pandemic.
But trillions more have been spent through other government programs and Treasury Department efforts.
The IRS said in a statement that no action is required for eligible taxpayers to receive these payments, and the payments will arrive this month or by late January, and are made via direct deposit or checks.
“The IRS continues to work hard to make improvements and assist taxpayers,” IRS Commissioner Danny Werfel said in a statement. “These payments are an example of our commitment to going the extra mile for taxpayers.”
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The delayed payments of stockpiling supplies to about 1 million Americans come as federal authorities continue to track billions of dollars in COVID-19 aid that may have been obtained fraudulently.
A Report from the Ministry of JusticeCriminal charges have been brought against more than 3,500 defendants over losses of more than $2 billion, and more than $1.4 billion has been seized or seized, the Covid-19 Coronavirus Enforcement Fraud Task Force (CFETF) said in April.
“Our work is far from over,” Attorney General Merrick Garland said in a statement. “We will continue our efforts to investigate and prosecute pandemic relief fraud and recover assets stolen from American taxpayers.”
Deputy Attorney General Lisa Monaco called for an extension of the statute of limitations “so that prosecutors can recover hundreds of millions of additional dollars in fraud proceeds, bring the remaining perpetrators to justice, and disrupt the criminal networks that continue to harm our citizens.”
