Irs Stimulus Payments 2025. The recovery rebate credit is a refundable credit for individuals who did not receive one or more economic impact payments (eip), also known as stimulus payments. The payments, which can reach up to $1,400 per individual, will be sent via direct deposit or as a paper check to the address or bank account listed on the recipientโs 2023 tax return.
The internal revenue service announced in december that it would be distributing about $2.4 billion โ up to $1,400 per individual โ worth of stimulus checks to u.s. Taxpayers may be in line to receive a stimulus check by the end of january if they did not claim the recovery rebate credit on their 2021 tax return, the internal revenue.
