The IRS said on April 14 that federal agencies are in the midst of sending out a fifth batch of stimulus checks, amounting to nearly 2 million payments worth more than $3.4 billion, with eligible recipients likely to see the funds arriving in their bank accounts starting April 14.
The IRS, Department of the Treasury, and Bureau of the Fiscal Service jointly began processing the latest batch of payments on April 9, with an official payment date of April 14, the tax agency said in a statement.