If it seems like all we talk about is rising prices, here’s a little relief for your pocketbook: you could be getting a check from the IRS.
The IRS is sending out unclaimed stimulus money, which means you and your family could be in for a nice surprise – just in time for the holidays.
If you missed out on the Recovery Rebate Credit back in 2021, you could be getting a check for up to $1,400. Finally, a little good news!
Why Could Arizona Taxpayers Get a Check from the IRS?
So, why is the IRS suddenly sending out stimulus checks?
If you remember, during the pandemic, with jobs and livelihoods in jeopardy, Congress approved stimulus payments. The extra cash was aimed at helping everyone out. As it turns out, though, some people didn’t claim a Recovery Rebate Credit on their 2021 tax returns. The IRS noticed this and decided to step in and make things right.
How Much Money is the IRS Returning to Taxpayers?
In total, the IRS is sending out a whopping $2.4 billion to about 1 million taxpayers across the country…