The IRS said it will distribute $2.4 billion to taxpayers who failed to claim a Recovery Rebate Credit on their 2021 tax returns.

The Internal Revenue Service (IRS) said around 1 million taxpayers will get up to $1,400 in a rebate in the coming weeks.  The automatic payments, which are set to go out later this month, will be sent out to taxpayers who did not claim the Recovery Rebate Credit on their 2021 tax returns.

The payments for people who filed 2021 tax returns depend on several factors, but the maximum is $1,400 per person.