IRS reportedly says $1,390 stimulus checks for eligible Americans are on the way: here are all the details

IRS has reportedly said that eligible households will receive $1,390 stimulus checks this late summer, providing timely financial relief. While $2,000 payout rumors circulated online, officials clarified that this is not true.

It is being claimed in various reports that these tax-free payments are designed to help low- and middle-income families cover essential expenses such as rent, groceries, and medical bills. If you filed your 2024 taxes and meet the income thresholds, you could be among the first to receive this support, offering a much-needed boost as living costs continue to rise, as per media reports.

What you need to know about the $1,390 stimulus check

The IRS has reportedly confirmed that eligible Americans will receive $1,390 per individual. This payment is tax-free and will not impact benefits from Social Security, Medicaid, SNAP, Veterans Affairs, or Railroad Retirement. The goal is to help households manage essential expenses such as rent, groceries, and medical bills during a period of persistent inflation, claimed the reports.


Eligibility mirrors prior relief programs, as mentioned in several media reports:

• Individuals earning up to $75,000 annually
  
  
• Married couples with joint incomes up to $150,000
  
  
• Heads of household earning up to $112,500
  
  

Importantly, taxpayers must have filed their 2024 federal tax returns to qualify. Payments will be sent through direct deposit, paper checks, or EIP debit cards, ensuring access for those without traditional banking accounts.

ALSO READ: Social Security August 20 retirees checks: Who qualifies, how much SSA will pay, complete details explained

Why the $2,000 rumors won’t happen

In recent weeks, misinformation spread online suggesting that the IRS would issue $2,000 checks. IRS spokespersons have now reportedly said that no such payment is planned. Instead, eligible Americans will receive a $1,390 stimulus check, a figure consistent with the agency’s official guidelines and historical patterns from prior relief programs.

Trump’s proposed DOGE dividend and tariff rebates

Earlier this year, President Trump floated a “DOGE Dividend” plan — a refund initiative where 20% of savings from the Department of Government Efficiency would be returned to citizens. Experts like Erica York, Vice President of Federal Tax Policy at the Tax Foundation, have warned that such schemes might compromise the overall efficiency of federal spending.

Separately, Trump proposed issuing tariff rebate checks, funded by government-collected tariffs. These rebates, championed by Senator Josh Hawley in the “American Worker Rebate Act,” could provide at least $600 per adult and child, with higher payouts if revenues exceed projections. While separate from the IRS stimulus checks, these measures reflect ongoing federal efforts to offset inflationary pressures and support households.

When can Americans expect the checks?

Officials, as per reports, indicate the $1,390 stimulus payments will be disbursed in late summer 2025. Those who have already filed their 2024 tax returns are first in line, and the IRS encourages everyone to double-check banking and mailing information to avoid delays.

For millions of families feeling the squeeze from higher rent, groceries, and healthcare costs, this stimulus check could provide tangible short-term relief.

What Americans should do now

• Confirm tax filings: Ensure your 2024 federal tax return is submitted.
  
  
• Verify banking info: Direct deposits are the fastest way to receive the funds.
  
  
• Stay informed: Watch for official IRS updates to avoid scams or phishing attempts.

Why this matters

With inflation at 2.7%, above the Fed’s 2% target, and rising costs for food, housing, and medical care, this stimulus check could provide immediate relief for millions of families.

FAQs:

1. Who is eligible for $1,390 stimulus checks?
Individuals earning up to $75,000, married couples up to $150,000, heads of household up to $112,500 are reportedly eligible.

2. When will the IRS send the late summer payout?
Payments are expected to roll out in late summer 2025.