- At this point, millions of Americans have started receiving their IRS stimulus payments as the coronavirus pandemic continues to exact a catastrophic economic toll on the US.
- Many more millions of Americans, however, are still waiting and constantly checking the IRS website for their stimulus check status. If you’re among those wondering ‘where’s my stimulus money,’ a new update from the IRS provides insight into how much cash it’s distributed so far – and how much is left to come.
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As of Friday, April 24, the IRS has issued 88.1 million stimulus checks to taxpayers, with the average check amount totaling $1,791.
That’s according to new data released from the tax agency, which came the same week that the IRS began issuing paper checks via the mail after a few weeks of sending out stimulus payments electronically, via direct deposit. The data also reflects that the IRS has paid out more than $157 billion so far as a direct disbursement to Americans, which generally comes in the form of up to $1,200 to individuals and $2,400 to married couples (that $1,791 average above also includes the fact that parents can get an extra $500 per child, and individuals and married couples above a certain income threshold can still qualify for an amount below the max amount).
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88 million stimulus checks have gone out so far – see how much your state has gotten originally appeared on BGR.com on Sat, 25 Apr 2020 at 18:18:13 EDT. Please see our terms for use of feeds.
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