(WJW/AP) — The ‘Get My Payment’ tool on the IRS website is working already for some who are eligible to receive the third stimulus checks.
It was originally set to start up on Monday. The tool lets people know what type of payment that can be expected, but for the third stimulus check only.
Officials at the Treasury Department and Internal Revenue Service said Friday that processing of the new round of stimulus payments has already begun, with the aim of having the first payments start showing up in bank accounts this weekend.
You can officially track the status of your third stimulus check. While some people have already received the $1,400 payments by direct deposit, the IRS tracker tool is a good way for eligible people to see the status of their $1,400 check (calculate your total), including any issues that need to be addressed. At times, the IRS tracking app can be tricky, but we’ll help explain what
Mere days after President Joe Biden signed his $1.9 trillion COVID relief package into law, money is already flowing to Americans who’ve been struggling through the pandemic for more than a year.
The legislation includes the long-awaited third stimulus checks, the direct payments for most adults and children in the U.S. But there’s much more aid to go around — so much, in fact, that the Urban Institute says the various provisions will result in 16 million fewer people living in poverty.
This tax season, many people are using this time to claim their tax refunds and file for any stimulus money they never got with the first two payments. But if you’re in a different situation where you received stimulus money you weren’t actually qualified for, the IRS may ask you to send it back. We’ll help you understand if this situation applies to you, especially since the third stimulus check may have similar requirements.
People are typically excluded from receiving stimulus checks due
White House press secretary Jen Psaki said that Americans can start to see stimulus checks hit their bank accounts “as soon as this weekend,” after President Biden signs the $1.9 trillion coronavirus relief bill Friday.
Single filers making under $75,000 are slated to receive $1,400, as will heads of households earning up to $112,500. Couples who filed jointly and make under $150,000 can expect to see $2800 deposited into their account. Taxpayers will also receive $1400 for each dependent. Around 89 percent of American filers will receive a payment, the American Tax Foundation estimates.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.