- The IRS just launched an online tool that allows non-filers to submit their banking information to get a coronavirus stimulus check.
- The stimulus payments already began to arrive this week via direct deposit for qualifying Americans whose banking data is already in IRS’s database.
- Everyone else will receive the checks via regular mail, which will take longer to process.
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Working for home during the novel coronavirus pandemic is a luxury that millions of Americans don’t have. Strict social distancing measures aren’t going to be lifted anytime soon, and life won’t just return to normal once this first COVID-19 wave is defeated. Millions of people will still be unemployed for some time to come. The government already passed a massive $2.2 trillion stimulus package meant to provide assistance during the health crisis to all Americans who qualify, regardless of employment status. The bill’s primary purpose is to provide money to tens of millions of people during this time, with the first stimulus checks having already been dispersed. The check size depends on income, starting at $1,200 for individuals who earned up to $75,000 in adjusted gross income. The higher your income, the lower the check amount will be, and you won’t qualify if your income exceeds $99,000 for individuals or about twice that for families.
The problem with the stimulus checks is that some of them might take weeks to arrive via regular mail if the government doesn’t already have your banking information on file. However, the IRS just launched an online service to speed up your coronavirus stimulus check.
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IRS launches online tool to speed up your coronavirus stimulus check originally appeared on BGR.com on Sat, 11 Apr 2020 at 11:44:13 EDT. Please see our terms for use of feeds.
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