- If you’re still waiting on your coronavirus stimulus check from the IRS, and you’re hoping to get it faster via an electronic direct deposit, time is running out.
- A deadline is coming on Wednesday, May 13th that taxpayers need to be aware of.
- The IRS says that it wants to have your banking information by noon on May 13 in order to send out your stimulus check as a direct deposit.
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A key deadline associated with the IRS’s disbursement of coronavirus stimulus payments directly to most Americans is coming up fast.
Thanks to money appropriated by Congress as part of a massive coronavirus relief package, millions of Americans are going to get (and have already started to receive) payments of up to $1,200 for individuals and $2,400 for married couples, with an extra $500 per eligible child. The money will come in either a paper format, as a physical check, or, if you prefer, you can opt for an electronic payment that comes in the form of a direct deposit — which means you’ll get the check faster. However, you now have less than 24 hours to make sure your details are squared away for the direct deposit.
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Stimulus check: Try this if you’ve had problems with direct deposit originally appeared on BGR.com on Tue, 12 May 2020 at 17:16:42 EDT. Please see our terms for use of feeds.
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