The IRS announced eligible U.S. taxpayers who did not claim the Recovery Rebate Credit on their 2021 tax return are in line to receive a stimulus check.

Eligible U.S. taxpayers might receive a stimulus check by the end of January if they missed claiming the Recovery Rebate Credit on their 2021 tax return, according to the IRS. This initiative aims to ensure that individuals who did not receive their Economic Impact Payments are compensated.

This month, the Internal Revenue Service says it will distribute about $2.4 billion in outstanding stimulus check funds to taxpayers who did not claim a credit

"Looking at our internal data, we realized that one million taxpayers overlooked claiming this complex credit when they were actually eligible."

The IRS is set to distribute federal stimulus checks of up to $1,400 to eligible taxpayers in January 2025. Discover who will miss out on this financial relief.