Millions more stimulus checks sent out: Track your money, plus-up payment and more


cash-money-growing-on-trees-bounty-stimulus-tax-credit-cnet-2021-018

Stimulus check money doesn’t grow on trees, but if you unexpectedly receive a plus-up payment, it might feel that way. 


Sarah Tew/CNET

Did you think stimulus check season was over? It’s not. The IRS recently sent another 2.3 million payments amounting to a total of $4.2 billion. That means that even if you already got your third stimulus check, it’s possible more money could be en route. As part of this year’s tax season, the IRS is sending out extra money, or “plus-up” payments, to people who didn’t get quite as much of the stimulus payment as they were meant to. 

Those extra payments could be due to a calculation error with the IRS, but not always. If the IRS takes a look at your tax forms and then determines you’re owed a larger share of stimulus money than you already received, the agency will give you the difference in a plus-up payment. Of course, if you’re still waiting for your $1,400 to show up, we’ll also explain how to track the status of your payment and report a problem

Some $395 billion in payments have been made overall since the American Rescue Plan in March. And there’s even more good news if you have kids. We can help you calculate your upcoming child tax credit payments, explain three ways to know if you qualify and why two letters from the IRS could land in your mailbox. And here’s the story with the IRS sending unemployment tax refunds to millions. This story was updated recently.

Who gets stimulus checks and plus-up payments now

The IRS Is making weekly batches of payments, and included in this latest wave are 900,000 checks for a total of $1.9 billion to those who recently filed a tax return, allowing the IRS to determine they were eligible for a payment. The IRS also sent in the batch of 1.1 million plus-up payments, for more than $2.5 billion.

What are plus-up stimulus payments? Depending on which year’s tax form the IRS used when it did the math on your third payment, the IRS may have calculated the amount of the payment using an older tax form instead of your 2020 filing. If this is your situation, once the IRS receives your 2020 tax return and calculates your third payment again, you could be due more money based on information from your current filing — or other factors if you don’t usually file.

The IRS said it’s automatically sending these plus-up payments if it needs to square up the amount it owes you, but to double-check the math, you may want to confirm how much money you should expect this stimulus round and then track your payment.


Now playing:
Watch this:

Stimulus plus-up payments: What you need to know



2:58

Tracking your stimulus payment online

With the IRS Get My Payment tool, you can get a daily update on your payment status. The online app can also alert you with a message if there’s a problem with your payment that you may need to address. It can’t, however, give updates on your plus-up payment from the IRS.

If you expect your payment to come in the mail, you can use a free tool from the US Postal Service to track your mailed stimulus payment.

Reasons for possible delays in stimulus payments

Here’s more information on problems you might encounter with your stimulus check.

Reporting an issue with your stimulus check

The IRS doesn’t want you to call if you encounter a problem with the delivery or amount of your stimulus check. So what to do instead? Our guide walks you through how to report stimulus check problems, including checks that never arrived (try filing a payment trace), direct deposit payments that went to the wrong account and other issues.

Stimulus check delivery start and end dates

First direct deposits made March 17 (official)
First paper checks sent Week of March 15
First EIP cards sent Week of March 22
First Social Security, SSI, SSDI payment sent



Read More: Millions more stimulus checks sent out: Track your money, plus-up payment and more

2021-06-11 16:00:50

Get real time updates directly on you device, subscribe now.

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

Get more stuff like this
in your inbox

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.

Thank you for subscribing.

Something went wrong.

G-8WFVBZD84R