IRS issues another 1.1M EIPs

May 06, 2021

The IRS said it is disbursing another 1.1 million Economic Impact Payments in the eighth batch under the American Rescue Plan.

New Batch: The latest batch—which has a total value of more than $2 billion—began processing April 30 with an official payment date of May 5.

Total: The new batch brings the current round of EIPs to approximately 164 million payments worth roughly $386 billion. The IRS said it will continue making EIPs on a weekly basis.

Resources: More EIP information is available in FAQs from the IRS and ICBA and in the federal Get My Payment portal.