The IRS is distributing about $2.4 billion to taxpayers who didn’t receive their COVID stimulus payments. By the end of January, approximately 1 million taxpayers will receive special payments of up to $1,

The IRS will notify eligible taxpayers with letters, and payments will be issued via direct deposit or check, using the bank details or address from the 2023 tax return. Taxpayers who have not yet filed for 2021 must do so by April 15, 2025, to claim the credit.

The exact amount of the payment will vary but maximum is $1,400 per individual. The total amount distributed by the IRS is $2.4 billion. You could still be eligible for a payment even if you don’t receive one this month.