Around 1 million taxpayers will soon receive special payments of up to $1,400 from the IRS.
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00:00Roughly 1 million taxpayers will soon receive special payments of up to $1,400 from the IRS.
00:06These payments, totaling about $2.4 billion,
00:09are being sent to people who failed to claim the recovery rebate credit on their 2021 tax returns.
00:16The credit was available to those who missed a COVID stimulus payment
00:19or received less than the full amount. IRS Commissioner Danny Werfel noted that
00:24internal data revealed many eligible taxpayers had overlooked this complex credit.