"Millions of Families to Receive $1,000 Boost: IRS Reveals Eligible Parents. In a move aimed at supporting the financial well-being of low-income families, the Internal Revenue Service (IRS) has announced that over 1 million children are set to receive $1,000 in startup funds. As part of a broader initiative, the IRS identified approximately 4 million children who may be eligible for the financial assistance, with those who qualify for the $1,000 grant being among the most vulnerable. The funds are intended to provide a much-needed injection of capital for families struggling to make ends meet, and parents are advised to check their eligibility and apply for the support as soon as possible."


Of those 4 million children, the IRS says more than 1 million qualify for $1,000 in startup funds.