The IRS said most taxpayers eligible for the federal stimulus payments, formally known as Economic Impact Payments, have already received them, but that approximately 1 million taxpayers did not claim the credit.

The Internal Revenue Service has sent out a round of automatic payments for eligible taxpayers. Here's how to know if the money will hit your bank account?

The IRS announced eligible U.S. taxpayers who did not claim the Recovery Rebate Credit on their 2021 tax return are in line to receive a stimulus check.

"Looking at our internal data, we realized that one million taxpayers overlooked claiming this complex credit when they were actually eligible."

“Most taxpayers eligible for EIPs have already received their EIP or Recovery Rebate Credit,” the website noted. “Qualified taxpayers are those who filed a 2021 tax return, but where the data field for the Recovery Rebate Credit was left blank or was filled out as $0 when the taxpayer was actually eligible for the credit.”

About 1 million people in the United States are due to receive the payment, the IRS said. Do you qualify? Checks could be up to $1,400.

This month, the Internal Revenue Service says it will distribute about $2.4 billion in outstanding stimulus check funds to taxpayers who did not claim a credit

If you happen to live in the state of New York –and pay your taxes there– try to recall... Did you, by any chance, receive on your mail a Recovery Rebate

Eligible U.S. taxpayers might receive a stimulus check by the end of January if they missed claiming the Recovery Rebate Credit on their 2021 tax return, according to the IRS. This initiative aims to ensure that individuals who did not receive their Economic Impact Payments are compensated.