IRS to launch website to track stimulus payment

IRS to launch website to track stimulus payment

Due to the speed of the signing of the Democrat, the first payments of this third round of stimulus checks began to be distributed as of March 12. Reached for comment, an IRS spokesperson had no immediate information about when the updates would appear.

Users will receive an error message when attempting to access their stimulus payment status if they do not verify their personal information correctly.

The third stimulus checks are being sent to eligible Americans following approval of the $1.9 trillion American Rescue Plan Act.

So, maybe it will take a bit longer for some, but CNBC says the vast majority of payments "are expected to be deployed" across the "next few weeks".

Those who receive direct deposits will be first, followed by mailed checks and pre-paid debit cards, it said.

In a bid to save time, the IRS will use the bank info from the 2019 tax returns for those who have not yet filed their taxes for 2020.

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Hopefully, you're not on the list and you'll get a nice payment soon - especially if you're one of the millions of Americans struggling financially because of the COVID-19 pandemic.

In the coming weeks, more batches of payments will be sent via direct deposit and through the mail as a check or debit card, according to the agency.

President Biden signed the bill into law on Thursday, which includes $1,400 of direct economic assistance to millions of Americans.

Most families will get $1,400 per person, including all dependents claimed on their tax return. Filers must have a Social Security number that is valid for employment and are a US citizen or a USA resident alien. Individuals making more than $80,000 and couples making $160,000 will not receive checks.

Some people may receive the message "payment status not available" when checking the IRS site. Individuals earning up to $75,000 would get the full payments, as would married couples with incomes up to $150,000. It updates once per day, usually overnight.

Ryan Deckard, who lives in Pittsburgh, Pennsylvania, received the first payment, but he never got a second one after the "Get my Payment" tool showed an account that was no longer active for him. "If this bill is sufficient, and I think it's going to help in a big way, then we won't do another bill". "The payments will be delivered automatically to taxpayers even as the IRS continues delivering regular tax refunds. The government shouldn't be blindly sending money to closed bank accounts", Deckard added.

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