Recently, word has been circulating in the US that the IRS will distribute a $1,400 relief check to Americans in 2024. In fact, this rumor has been such that the public has really been in the dark regarding the existence and details of the so-called payment. Let’s pay debts and pull the truths and fictions apart.
The claim of A $1,400 s timulus check in 2024
These rumors started with the announcement claiming that IRS was to send all 1400 dollars in the name of stimulus check to the able people in the US, come 2024. This payment, according to rumors, was part of the government’s attempt to issue and disburse financial support to people and families after the big announcements it made in assuring people they’d help them.
The reality: There was no official announcement by IRS
There are no official statements from the IRS about an additional $1400 stimulus payment in 2024. The action is devoid of any mention on the website and messages from the said government agency.
Likely confusion with earlier stimulus payments
Presumably, the confusion over $1,400 government stimulus payments is apt to do with the previous rounds of economic impact checks that the government sent out during the COVID-19 event, which started in March 2020. The law that made the payments go out in 2021, along with the criteria and dates, was the American Rescue Plan Act.
Hence, it has no bearing on any discussion from 2024 onward in regard to ongoing or future stimulus checks.
Eligibility criteria and dates of payment
If a $ 1,400 stimulus check came next year, it probably would be subject to the general same eligibility restrictions as the last two rounds of payments, things like:
- Being either, a citizen or resident of the United States having a current valid Social Security number;
- Having an income lower than an annual threshold (e.g., $75,000 for individuals, $150,000 for married couples filing jointly);
- Having filed tax returns for 2020 or 2021.
IRS would announce the dates of payment by their official channels,
Stimulus payments in the future
As of now, there are no plans for a $1,400 stimulus check in 2024. However, in case even the need arises, the government is likely to announce more economic stimuli. Other decisions relating to the same are to be based on economic indicators and then getting an official announcement from the IRS or the government.
All reliable information over stimulus payments must be obtained from official websites and press releases of IRS, or reputed news agencies and other sites. There is sure to be a stream of confusion and disappointment with rumors and unverified claims.
In the case that a $1,400 stimulus check is announced in the future, the IRS will provide guidelines for eligibility, application procedures, and payment availability dates through official methods.
The alleged $1400 payment
Reliability is also the matter; thus far, the discussed $1,400 stimulus in 2024 is just a rumor. Of course, further economic relief measures may be conducted by the government, depending on the necessity felt, and such decisions will be based on the economic state of affairs and will be announced through official publications by the IRS, not rumors.
Keeping up-to-date with the IRS website and web pages will be highly beneficial, as the most current information about stimulus payments and economic relief efforts will be posted.
