Veterans still waiting for their $1,400 stimulus payments should get direct deposits by April 14

IRS has distributed another $36 billion in economic impact payments. Here’s why some people will be receiving what the agency calls a “plus-up” stimulus payment.

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This story has been updated with new information made available by the IRS and Treasury Department.

The IRS has disbursed another $36 billion in stimulus payments, bringing the total in the latest round of covid-related direct relief to about $372 billion.

The distribution includes 25 million payments, with much of the money going to Social Security beneficiaries, according to an announcement from the IRS and Treasury. More than 19 million payments totaling $26 billion were issued to Social Security retirement, survivor, or disability benefit recipients. Another 3 million payments totaling $5 billion went to Supplemental Security Income (SSI) beneficiaries. Nearly 85,000 payments worth $119 million went to Railroad Retirement Board beneficiaries.

So far, the IRS has disbursed more than 156 million stimulus payments.

The American Rescue Plan provides for payments of up to $1,400 for eligible individuals and $2,800 for couples filing joint returns. Dependents, regardless of age, receive $1,400 each.

Recent distributions also include supplemental or “plus-up” payments for people who have received partial stimulus payments based on their 2019 return. Under the American Rescue Plan, the IRS could use a taxpayer’s 2019 or 2020 return to issue what it calls an economic impact payment, also referred to as a stimulus payment. If someone’s income dropped last year compared to 2019, that might entitle them to a plus-up payment.

Social Security recipients and most other federal beneficiaries should see direct deposit stimulus payments by April 7

Here are some answers to questions you may have about the most recent stimulus payments being sent and those still slated to be distributed.