More Than Half of Recent Economic Impact Payments Go to Harder-to-Reach People
The Internal Revenue Service (IRS), the Department of the Treasury, and the Bureau of the Fiscal Service disbursed more than 2.2 million Economic Impact Payments in the last six weeks.
That brings the total disbursed so far under the American Rescue Plan to more than 171 million payments worth more than $400 billion.
More than half, about 1.3 million, of the recent payments went to harder-to-reach people who the IRS previously lacked enough information for, which includes people experiencing homelessness who may lack a permanent mailing address and/or bank account. Neither are required to receive Economic Impact Payments.
The IRS will continue to disburse Economic Impact Payments on a weekly basis.
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MORE NEWS AND TOOLS:
- Webinar: How to Help Economic Impact Payments Reach People Experiencing Homelessness
- FAQs About Economic Impact Payments
- Tool to Help Families Experiencing Homelessness Claim Child Tax Credits