So you got your third stimulus payment but you didn’t qualify for the whole $1,400. An extra payment could be coming your way soon.
According to Yahoo!, a new batch of stimulus checks will be sent to hundreds of thousands of Americans in what the IRS is calling ‘plus-up’ payments.
The IRS explains in a news release that this batch includes the first of ongoing supplemental payments for people who earlier in March received payments based on their 2019 tax returns. But those returns didn’t always accurately capture a person’s financial situation; for instance, millions of Americans who lost their jobs, or saw their income reduced, last year as a result of the pandemic were actually qualified for a bigger check. That also includes individuals who had a child in 2020.
Read more at Fox29.