The Internal Revenue Service (IRS) has confirmed that the three rounds of Economic Impact Payments were officially completed between 2020 and 2021. Taxpayers who missed claiming these payments through the Refund Recovery Credit had until April 2025 to do so. Interestingly, some individuals may still see deposits arriving in May or June 2025, after ongoing IRS reviews identified those eligible for payments.
As of July 2025, while no new federal stimulus has been introduced, several states have launched individual economic relief initiatives. For example, New York provides an Inflation Rebate of up to $500 for eligible residents who filed their tax returns on time. In California, the Sacramento Family First program offers up to $725 for families with incomes below 200% of the federal poverty line, with applications available on the program’s official website.
Additional stimulus efforts are taking place in states like Colorado, Arizona, and Texas, which are offering rebates and credits based on defined qualifications.
Taxpayers can verify their eligibility and payment status by checking their IRS online account or their state’s Department of Revenue website. It is crucial to remain vigilant against scams; the IRS and state agencies will never ask for personal information through unsolicited means such as phone calls or emails. Individuals should be cautious of any unofficial websites promising quick payments.
This news highlights ongoing efforts at state levels to support residents amidst lingering economic challenges, providing a glimmer of hope and financial relief to those in need.