Stimulus Check 2025 Release Date: What You Need to Know
January 10, 2025 by Bard
Lots of people are asking about new stimulus checks in 2025. The IRS is sending out money to some people. This is to help with the economy. It’s important to keep up with the latest information. This article will explain what we know about stimulus check release dates.
$800 Stimulus Checks 2025: Are They Coming?
The government might give $800 to certain people. This is called the Senior Tax Rebate Program. It aims to help people who are struggling. This would include seniors and low-income individuals. These payments would help people cover basic costs. This includes things like food, clothing, housing, and medical care.
To be eligible, you need to meet certain requirements:
- Be a U.S. resident and a taxpayer
- Be over 65 years old
- Have an income under $75,000 (or under $150,000 for couples)
Important: The IRS has not officially confirmed this program. No date has been announced for these payments. Some sources suggest October 2024 as a possible date. But this is not confirmed. Always check the IRS website for official updates.
$1,400 Stimulus Checks: Already Being Sent!
There is good news for some people. The IRS is sending $1,400 payments to people who missed out on a tax credit. This is the Recovery Rebate Credit. It was part of the COVID-19 relief efforts. Millions of people qualify for this money.
The IRS started sending these payments in December 2024. Most people will get their money by late January 2025.
You might still qualify even if you haven’t filed your 2021 tax return. The deadline to file is April 15, 2025. You should file even if you didn’t have much income.
Capital One Bank Settlement: Payments Started in 2023
Capital One Bank had a data breach in 2019. Millions of customers were affected. Capital One is paying a $190 million settlement. This money will go to people who were harmed by the data breach.
Payments for this settlement started on September 23, 2023. The deadline to file a claim is January 21, 2025.
Stay Updated: Check Official Sources
Many rumors are circulating about stimulus checks. It is crucial to get information from trusted sources. The IRS website is the best place for accurate information.
FAQs About Stimulus Checks 2025
- When will the $800 stimulus checks be distributed? No official date has been set, but some speculate October 2024.
- Is there an official confirmation for the $800 Stimulus Checks? No, the IRS has not confirmed this program.
- When will people receive the IRS Rebate Credit? Payments began in December 2024 and should arrive by late January 2025.
- Do IRS applicants need to submit an application form? No, the IRS will automatically send the payment to eligible recipients.
- What is the deadline for filing the 2021 tax return to qualify for IRS benefits? The deadline is April 5, 2025.
