WASHINGTON, D.C. — On Saturday, August 16, 2025, the Internal Revenue Service (IRS) confirmed a new round of $1,390 stimulus checks set to roll out to millions of eligible Americans starting in late summer 2025. The one-time, tax-free payments, part of a federal relief effort to combat rising living costs, aim to support low- and middle-income households grappling with inflation, according to Economic Times.
The initiative, administered through existing IRS channels, mirrors previous Economic Impact Payments but focuses on those most affected by economic pressures like soaring grocery and utility bills. Eligibility hinges on income thresholds and federal benefit status. Key criteria include:
- Income-Based Eligibility: Single filers earning up to $75,000, married couples filing jointly with incomes up to $150,000, and heads of household earning up to $112,500 qualify for the full payment.
- Federal Benefit Recipients: Individuals receiving Social Security, SSI, SSDI, Veterans Affairs benefits, or Railroad Retirement benefits are automatically eligible, even without recent tax filings.
- Dependents: Families with qualifying dependents may receive additional amounts, though exact figures are pending confirmation.
For most recipients, no action is needed, as the IRS will use 2023 or 2024 tax data or benefit records to process payments automatically. Non-filers must register via the IRS’s forthcoming “Non-Filer Tool” to claim funds. Payments will arrive via direct deposit, paper checks, or EIP debit cards, with direct deposits prioritized for speed. The IRS anticipates distribution starting in August 2025, with full rollout expected by September, per Myinformernews.
Amid excitement, the IRS has warned of scams, urging Americans to rely only on IRS.gov for updates and avoid unsolicited calls or texts. Contrary to social media rumors of $2,000 payments, the agency clarified the amount is fixed at $1,390. The initiative, not tied to new legislation, reflects ongoing efforts to stabilize household finances. As economic challenges persist, the payments offer a lifeline, though experts note no further nationwide stimulus is planned for 2025.
Source: Economic Times
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