March 16, 2021

Money

Track your money with ‘Get My Payment’ tool

(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.

President Joe Biden signed the new $1.9

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Track your third stimulus check now: How to get your status, what the tool won’t say

The IRS is sending the third stimulus checks, and you can get an update on your payment. Here’s the first step if you want to track its status.


Sarah Tew/CNET

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

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$40 billion of new stimulus money could go to bitcoin and stocks, Mizuho says | Currency News | Financial and Business News

A survey conducted by Mizuho found that $40 billion of COVID-19 relief bill funds sent to Americans could go to bitcoin and stocks.

Mizuho analysts, led by Dan Dolev, spoke with approximately 235 people with a household income of $150,000 or less in a survey released on Monday.

The team found that roughly 40% of respondents said they planned on using at least a portion of their stimulus money to invest in bitcoin or stocks.

Mizuho calculated that this means nearly $40 billion of the $380 billion in stimulus checks could go to the assets.

The survey

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7 ways to get money from the Biden COVID law

Third stimulus check and more: 7 ways to get money from the Biden COVID law

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.

If you need

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Sorry, you could have to return your stimulus money to the IRS. Here’s why and how

Any extra stimulus money you received may not be yours to keep.


Sarah Tew/CNET

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

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Psaki says Americans can start seeing stimulus money in their bank accounts ‘as soon as this weekend’

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. 

Those payments phase out and decrease

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