The Internal Revenue Service (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 over $3.4 billion, with eligible recipients likely to see the funds arriving in their bank accounts starting Wednesday. The IRS, the Department of the Treasury, and the 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. The fifth batch includes nearly 1.2 million direct deposit payments, and around 800,000 paper checks. The IRS earlier urged people to monitor their mail carefully as some people had thrown out checks under previous stimulus rounds thinking they were junk mail or scams. The bulk of the payments under this round went out to people who filed a 2020 tax …