2024 Stimulus Package. Congress agreed on the $900 billion coronavirus stimulus bill late sunday night. For the prior 2023 tax year, only $1,600 was refundable.

In july 2024, the internal revenue service (irs) announced it would distribute $200 and $1400 payments to eligible american residents. The $2 trillion relief package is sending money directly to americans, greatly expanding unemployment coverage and making a number of other changes.