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What will be the predominant method used by IRS for distributing unclaimed stimulus payments by February 15, 2025?
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Resolution / Starting Odds
Direct Deposit • 25%
Check by Mail • 25%
Debit Card • 25%
Other • 25%
IRS official statements or reports
Story
IRS to Distribute $2.4 Billion in Unclaimed Stimulus Payments of Up to $1,400 to 1 Million Taxpayers by January 2025
Jan 13, 2025, 10:41 PM
The Internal Revenue Service (IRS) is set to distribute approximately $2.4 billion in unclaimed COVID-19 stimulus payments to about 1 million taxpayers who did not receive their eligible payments during the pandemic. The payments, which can be as much as $1,400 per individual, are expected to arrive in bank accounts or mailboxes by late January 2025. The IRS will utilize bank account information from the taxpayers' 2023 tax returns to facilitate these payments. This initiative aims to ensure that those who missed out on prior stimulus checks in 2020 and 2021 receive the financial assistance they were entitled to.
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Other • 25%
Prepaid Debit Cards • 25%
Direct Deposit • 25%
Mailed Checks • 25%
Mostly Paper Check • 25%
Mostly Direct Deposit • 25%
Evenly Split • 25%
Other • 25%
Paper Check • 25%
Mixed Methods • 25%
Other • 25%
Direct Deposit • 25%
Other • 25%
Paper Check • 25%
Debit Card • 25%
Direct Deposit • 25%
Equal mix of both • 25%
Direct deposit • 25%
Paper check • 25%
Other • 25%
Prepaid debit card • 25%
Combination of methods • 25%
Direct deposit • 25%
Paper check • 25%
Direct Deposit • 25%
Paper Check • 25%
Debit Card • 25%
Other • 25%
Incorrect payment amount • 25%
Non-receipt of payment • 25%
Delayed payment • 25%
Other issues • 25%
Other • 25%
Incorrect Amount • 25%
Not Received • 25%
Payment Delays • 25%
Direct Deposit • 25%
Other • 25%
Debit Card • 25%
Paper Check • 25%
Other administrative issues • 25%
Delayed payments • 25%
Incorrect amounts • 25%
Non-receipt of payments • 25%