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22 Apr 2021 20:31:25 UTC
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Two million more Economic Impact Payments disbursed under the American Rescue Plan
Two million more Economic Impact Payments disbursed under the American Rescue Plan; total reaches approximately 161 million as payments continue
https://www.irs.gov/newsroom/two-million-more-economic-impact-payments-disbursed-under-the-american-rescue-plan-total-reaches-approximately-161-million-as-payments-continue
https://accountinginstruction.info/
WASHINGTON — Today, the Internal Revenue Service, the U.S. Department of the Treasury, and the Bureau of the Fiscal Service announced they are disbursing nearly two million payments in the sixth batch of Economic Impact Payments from the American Rescue Plan.

Today's announcement brings the total disbursed so far to approximately 161 million payments, with a total value of more than $379 billion, since these payments began rolling out to Americans in batches as announced on March 12.

The sixth batch of payments began processing on Friday, April 16, with an official payment date of April 21, with some people receiving direct payments in their accounts earlier as provisional or pending deposits. Here is additional information on this batch of payments:

In total, this batch includes nearly 2 million payments with a value of nearly $3.4 billion.
Nearly 700,000 payments, with a value of more than $1.3 billion, went to eligible individuals for whom the IRS previously did not have information to issue an Economic Impact Payment but who recently filed a tax return.
This batch also includes additional ongoing supplemental payments for people who earlier this year received payments based on their 2019 tax returns but are eligible for a new or larger payment based on their recently processed 2020 tax returns. This batch included nearly 700,000 of these "plus-up" payments, with a value of nearly $1.2 billion.
Another 600,000 payments went to Social Security beneficiaries and Supplemental Security Income recipients, including those with foreign addresses.
Overall, this sixth batch of payments contains about 900,000 direct deposit payments (with a total value of $1.5 billion) and nearly 1.1 million paper check payments (with a total value of nearly $1.8 billion).
Additional information is available on the first five batches of Economic Impact Payments from the American Rescue Plan, which began processing on April 9, April 2, March 26, March 19 and March 12.

The IRS will continue to make Economic Impact Payments on a weekly basis. Ongoing payments will be sent to eligible individuals for whom the IRS previously did not have information to issue a payment but who recently filed a tax return, as well to people who qualify for "plus-up" payments.

Special reminder for those who don't normally file a tax return
Although payments are automatic for most people, the IRS continues to urge people who don't normally file
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https://www.youtube.com/watch?v=gZznhIcJ40U
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