IRS Bonus Payments in July 2024 – Amount and Eligibility Updates

Joe Biden

Many taxpayers look forward to their tax refunds, which occur when they overpay their taxes throughout the year. This isn’t an IRS incentive but rather a repayment for the excess taxes paid. At times, the government provides additional financial support through stimulus payments during economic downturns, known as IRS Bonus Payments. Despite their name, these … Read more