The third round of Economic Impact Payments was authorized by the American Rescue Plan Act of 2021 as an advance payment of the tax year 2021 Recovery Rebate Credit. The IRS started sending the third Economic Impact Payments to eligible individuals on March 12, 2021. We continue to send Economic Impact Payments weekly in 2021 as 2020 tax returns are processed. Payments will be sent to eligible people for whom the IRS did not have information to send a payment but who recently filed a 2020 tax return. Plus-Up Payments We are sending additional or plus-up payments to people who:...

For the written story, read here >> https://www.signalsaz.com/articles/irs-updates-information-on-the-third-economic-impact-payment/

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