US inflation relief: IRS to disburse $1,390 payments to struggling families, here is how and when you will get | Hindustan Times
The US inflation rate has been steadily increasing over the past year, which has an impact on the lives of common people. Amid the financial hardship, millions of people have found hope in the $1,390 direct deposit relief payment from the Internal Revenue Service (IRS).
Amid rising inflation, the IRS will provide $1,390 relief payments to eligible individuals starting November 2025.(Unsplash)
By the end of 2025, this new relief program aims to assist individuals in paying for necessities, settling debts, and regaining financial stability. There would be no need for paper checks or lengthy wait times as the funds will be put straight into bank accounts.
US government’s new relief effort
The US government started the relief effort to mitigate the adverse impacts of inflation. In contrast to the pandemic stimulus checks, which were distributed to nearly every person, this new initiative solely targets individuals who are most impacted by price increases.
The IRS intends to swiftly and safely transfer the funds using digital payment mechanisms and its existing taxpayer database. This program is an integral component of the government’s persistent strategy to assist citizens during difficult economic times.
The amount of the payment is determined on an individual’s earnings, tax status, and any credits or reductions claimed on their 2024 tax return.
Eligibility and what needs to be done to receive IRS amount
The IRS has set specific requirements to guarantee that help is given to individuals who actually need it.
Single Tax File – Annual Income Less Than $75,000: $1390
Joint Filer (Married Couple) – Combined income
Dependents: Partial credit based on status – Variable
Social Security Beneficiaries: $1390 will be automatically deposited.
You don’t need to take any additional actions if you met the aforementioned income restrictions and filed your 2024 tax return on time. The funds will be automatically deposited into your current bank account by the IRS.
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Who will get the payment?
The payment will also be given automatically to recipients of Social Security, SSDI (Social Security Disability Insurance), and SSI (Supplemental Security Income).
Relief payments will start in November 2025, according to the IRS, for everyone whose bank records are already on file. After the payment is made, the money typically shows up in your bank account within three to five business days. Due to postal processing times, people who get paper checks might have to wait longer.
Additionally, the IRS will upgrade its “Get My Payment” page so that people may see the status of their payments. By mid-November 2025, all funds will be sent, enabling consumers to take advantage before Thanksgiving and the holiday season.
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Here’s how to check payment updates
There are two ways to verify payment updates on the IRS’s official website: Get My Payment; Where’s My Refund?
Your Social Security number’s final four digits, your tax filing status, and other necessary information must be entered.
In a bid to prevent payment delays, you must update your bank account and personal information as soon as possible. It may take a few days for money to appear in your account because bank processing times vary.
This $1,390 relief payment is targeted, intended primarily for residents who are directly affected by inflation, in contrast to the COVID-19 stimulus payments.
Payments are managed through the Social Security and tax systems in order to minimize fraud and guarantee a quicker, safer procedure.
This plan offers both short-term assistance and a sensible first step toward long-term financial security.
