Third batch of $1,400 stimulus checks sent from the IRS

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Third batch of $1,400 stimulus checks sent from the IRS

A third batch of$ 1,400 stimulus checks has been processed, which this time includes plus payments for people who are eligible now that their 2020 tax returns have been sent.

The latest payments bring the total number of checks issued to more than 130 million, according to the IRS a total of$ 335 billion.

The third batch included more than 4 million payments worth more than$ 10 billion. Those payments had an official payment date of 31 March but could have been received earlier, according to the Tax Agency.

The new stimulus checks were authorized by the American Rescue Plan Act by Congress last month. They include payments of$ 1,400 per individual and$ 1,400 per dependent if recipients meet certain income thresholds and other eligibility rules.

More from Personal Finance: What stimulus checks are n't likely; what aid could be followed the next time?

There may still be a way to claim missing$ 1,200 or$ 600 stimulus checks. How do you make sure you do n't miss$ 1,400 stimulus checks in the mail?

People who were due additional money or plus payments were among the recipients of this latest batch.

That includes those who received a stimulus check based on their 2019 returns but are eligible for more money now that their 2020 returns have been processed.

Some situations that would prompt eligibility for plus payments include a decline in income in 2020 compared to 2019 or the addition of a new dependent, according to the IRS.

The checks were also sent to people who recently filed tax returns in order to qualify for stimulus money, due to the fact that the IRS did not have their information on records. According to the IRS, both the plus payments and checks to those who previously did not have their information on record will continue on a weekly basis going forward.

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