Click to Skip Ad
Closing in...
  1. Best Memory Foam Mattress
    12:31 Deals

    When 75,000 Amazon shoppers rave about a $130 memory foam mattress, you need to check it o…

  2. Philips Sonicare Deals On Amazon
    08:45 Deals

    These Philips Sonicare deals on Amazon will brighten any smile

  3. Amazon Smart Home Deals
    08:08 Deals

    5 smart home devices on Amazon you’ll wonder how you ever lived without

  4. Best Wireless Charger For iPhone
    13:04 Deals

    3-in-1 wireless charging station for Apple devices is down to $17 at Amazon

  5. Best TV Soundbar
    09:57 Deals

    Did someone make a mistake? There’s no way this soundbar should only cost $49.99




2.3 million new stimulus checks just went out – find out if you’re getting one

June 10th, 2021 at 9:04 AM
Stimulus check update

A little more than two million Americans are about to get a new stimulus check over the next couple of days or so, if they haven’t already.

The IRS, which is continuing its incremental distribution of waves of stimulus payments following March’s enactment of the $1.9 trillion American Rescue Plan, just shared another big stimulus check update: Specifically, that a new wave of more than 2.3 million payments just got sent out, bringing the total number of checks distributed thus far since March to more than 169 million payments. And altogether, since those payments started rolling out on March 12, the checks have in the aggregate transferred more than $395 billion from the federal government to American taxpayers.

Today's Top Deal Amazon's Fire TV Stick 4K just got a surprise 20% discount! List Price:$49.99 Price:$39.99 You Save:$10.00 (20%) Buy Now Available from Amazon, BGR may receive a commission Available from Amazon BGR may receive a commission

This latest wave of more than 2.3 million payments, according to the IRS, encompasses more than $4.2 billion that’s landing right about now in mailboxes and bank accounts as electronic direct deposits. And here are some additional fast facts about this new tranche of checks:

  • Per the tax agency, “More than 900,000 payments, with a value of approximately $1.9 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.”
  • The IRS says this also includes “additional ongoing supplemental payments” for people who earlier this year received payments based on their 2019 tax returns but who were eligible for a new or larger payment based on their recently processed 2020 tax return. These are the so-called “plus-up payments,” which we wrote about here. Over the last two weeks, more than 1.1 million of those were distributed, with a collective value of more than $2.5 billion.
  • Year-to-date, more than 8 million of those supplemental payments have been distributed by the IRS.
  • Finally, it’s also worth noting the breakdown of the new wave of stimulus checks that were sent out over the last two weeks. More than 1.2 million were direct deposited into recipient bank accounts (those totaled more than $2.2 billion, collectively,) while the remainder were sent to recipients in the form of paper checks.

Also, don’t forget: Starting on July 15, an entirely new wave of stimulus check disbursements will begin. The same legislation that made these previous stimulus checks possible also included an expansion of the federal child tax credit, which will give families up to $3,600 for each eligible child, an amount that will be broken down into monthly payments.

Starting July 15 and once a month through the end of this year, families will receive a monthly check of as much as $300 for every qualifying child under the age of 6, and up to $250 per month for every qualifying child between the ages of 6 and 17. The checks will be distributed on the 15th of every month through December, except in August — the 15th of that month is on a Sunday, so the check will be sent out on Friday, August 13.

Today's Top Deal Amazon's Fire TV Stick 4K just got a surprise 20% discount! List Price:$49.99 Price:$39.99 You Save:$10.00 (20%) Buy Now Available from Amazon, BGR may receive a commission Available from Amazon BGR may receive a commission

Andy is a reporter in Memphis who also contributes to outlets like Fast Company and The Guardian. When he’s not writing about technology, he can be found hunched protectively over his burgeoning collection of vinyl, as well as nursing his Whovianism and bingeing on a variety of TV shows you probably don’t like.




Popular News