The IRS is distributing billions of dollars in stimulus payments this February 2025. These payments aim to compensate individuals who didn’t receive their full federal stimulus checks during the pandemic. If you missed out due to issues with your 2021 tax return, here’s what you need to know.
Eligibility
The IRS is issuing about $2.4 billion in payments to nearly 1 million eligible individuals. These recipients qualify for the Recovery Rebate Credit, which covers those who didn’t receive the full amount from any of the three stimulus checks issued during the pandemic:
- First and second rounds in 2020
- Third round in 2021
Income Limits
The full $1,400 per person (or $2,800 per married couple) is available if:
Filing Status | Full Payment If Income Is | Phases Out At |
---|---|---|
Single | Up to $75,000 | $80,000 |
Married | Up to $150,000 | $160,000 |
Head of Household | Up to $112,500 | $120,000 |
A family of four could receive up to $5,600, depending on the number of dependents claimed.
How to Receive Your Stimulus
No action is needed if you qualify. The IRS is automatically issuing payments via:
- Direct deposit (to the bank account on your 2023 tax return)
- Paper check (to the address the IRS has on file)
Payments are expected to arrive by late January or early February 2025. You will receive a confirmation letter from the IRS detailing the amount and processing method.
Don’t Receive Your Payment
If you believe you’re eligible but haven’t received your check:
- Confirm eligibility – Ensure you meet the income limits and didn’t claim the Recovery Rebate Credit on your 2021 return.
- File your 2021 tax return – If you haven’t filed yet, you can still claim the credit before the April 15, 2025 deadline.
- Check IRS updates – The IRS may provide additional guidance on delayed payments.
If you file now, you may receive the credit as a tax refund or direct deposit.
Additional Social Security Payments
Aside from the unclaimed stimulus checks, the Social Security Administration is also issuing increased payments in February 2025. These payments assist:
- Retired individuals
- Low-income earners
- People with disabilities
Due to a 2.5% cost-of-living adjustment (COLA), recipients will see a slight increase in their monthly payments compared to last year.
If you qualify for these payments, you should receive them automatically, similar to the stimulus checks.
For more details on your stimulus eligibility, keep an eye on IRS updates and file your taxes promptly.
FAQs
Who is eligible for the stimulus check?
Individuals who didn’t claim the Recovery Rebate Credit on their 2021 tax returns.
How much can I receive?
Up to $1,400 per person, $2,800 for couples, and $5,600 for a family of four.
Do I need to apply for the stimulus?
No, payments are automatic if you qualify based on IRS records.
When will I receive my check?
Payments should arrive by late January or early February 2025.
What if I don’t get my check?
File your 2021 tax return before April 15, 2025, to claim the credit.