After many Americans have received a third stimulus check following President Joe Biden's $1.9 trillion COVID relief package, others may be eligible for a further payments in the form of "plus-ups" depending on a few factors.
Information in determining who was eligible for a third stimulus check (as well as the amount received for the checks) were determined by the Internal Revenue Service (IRS) using tax information from 2019. Many of the plus-up payments were given to people who recently filed their taxes for 2020, according to a Thursday press release.
The IRS explained that the plus-up payments would be supplemental to people whose income may have been reduced in 2020, using newly filed tax returns from the beginning of March. Besides a reduced income, the IRS also noted that the additional payments could be given to people who had a baby in 2020 or another new dependent to claim.
"These 'plus-up' payments could include a situation where a person's income dropped in 2020 compared to 2019, or a person had a new child or dependent on their 2020 tax return, and other situations," the release said.
For the third stimulus check, people received an additional $1,400, to their original payment of the same amount, for each dependent.
The IRS also noted in the April 1 release that besides the plus-up payments, checks would also be going out for people who the organization did not have information for before and also qualify for the Economic Impact Payment. The IRS stated that over 4 million payments (2 million direct deposit and 2 million paper checks) for a total value of over $10 billion were being sent out in this most recent batch of stimulus checks.
The agency also indicated that most people do not need to do anything to receive their checks, but the "Get My Payment" tool on the IRS website can also be used to check the status of your payment. The IRS noted that the tool will likely be updated this weekend "with information for Social Security and other federal beneficiaries expecting payments next week."
The April 1 release also said that the IRS hopes to have more details about Veterans Affairs benefits payments soon.
"Currently, the IRS estimates that Economic Impact Payments for VA beneficiaries who do not regularly file tax returns could be disbursed by mid-April," the IRS said.
As the third stimulus check continues to be distributed, some lawmakers have shown support for another benefit package following the $1,400 checks.
Newsweek reached out to the IRS for further details about plus-up payments.
