Because of the coronavirus pandemic, billions of dollars are continuing to flow forth from the federal spigot and into the bank accounts and mailboxes of people around the US. As an example, new stimulus checks are coming soon for millions of Americans -- in the form of monthly child tax credit payments. Stimulus checks for $1,400, stemming from the $1.9 trillion coronavirus relief bill Congress passed in March, are also still trickling out to recipients. And IRS refunds are continuing to be distributed at a regular clip, following that passage of the relief legislation.
In fact, the tax agency announced Wednesday that another 1.5 million refunds are ready to distribute. The refunds, averaging more than $1,600, started going out as direct deposits to recipients on Wednesday. Paper check refunds will go out starting on Friday, July 30.
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The IRS is sending out 1.5 million surprise refunds averaging $1,600 – here’s who gets one originally appeared on BGR.com on Thu, 29 Jul 2021 at 11:17:25 EDT. Please see our terms for use of feeds.