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What will be the main reason for any delays in IRS $1,400 payments?
2
Resolution / Starting Odds
Technical Issues • 25%
Eligibility Disputes • 25%
Funding Delays • 25%
Other • 25%
IRS official reports or news articles
Story
IRS to Send $1,400 Payments to 1 Million Taxpayers, Totaling $2.4 Billion, by January 2025
Dec 22, 2024, 05:36 PM
The Internal Revenue Service (IRS) has announced that approximately 1 million taxpayers will receive automatic payments of up to $1,400 each in December 2024. This initiative is aimed at those who were eligible for a pandemic-era tax break but did not claim the COVID cash from 2021. The total amount disbursed is expected to reach around $2.4 billion. Eligible taxpayers will not need to take any action, as the payments will be directly deposited into their bank accounts or sent via paper checks. The IRS has also indicated that separate letters will be sent to notify eligible taxpayers about the special payments, which are expected to arrive by late January 2025.
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Delayed payments • 25%
Incorrect amounts • 25%
Non-receipt of payments • 25%
Other administrative issues • 25%
Payment Delays • 25%
Incorrect Amount • 25%
Not Received • 25%
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Delayed processing • 25%
Payment not received • 25%
Incorrect amount • 25%
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Direct deposit • 25%
Paper check • 25%
Equal mix of both • 25%
Other • 25%
Public Readiness • 25%
Legislative Changes • 25%
Technical Issues • 25%
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No • 50%
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Other • 25%
Prepaid Debit Cards • 25%
Mailed Checks • 25%
Direct Deposit • 25%