The IRS started depositing stimulus checks – but not everyone is happy

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The IRS started depositing $1,200 into millions of bank accounts this week as part of the government’s $2 trillion stimulus package.
There have been some stimulus check problems as some people are receiving too much money and others not enough.
The IRS is aware of some technical issues and has rolled out a few online tools to help the situation.
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With large portions of the economy at a standstill due to the coronavirus, and with unemployment at record levels, President Trump late last month signed a $2 trillion stimulus package designed to help keep the economy afloat. As part of the package, millions of eligible Americans will receive $1,200 checks to help them get through what is arguably an unprecedented economic downturn.

Earlier this week, the IRS started making said payments and many individuals noticed an additional $1,200 sitting in their bank accounts. But as it turns out, there have been quite a few glitches along the way. While some eligible individuals still haven’t received their payment, others are getting far too much deposited into their accounts and others far too little. As an extreme example, you may have seen that a man in Indiana checked his bank account earlier this week and noticed an IRS deposit of $8.2 million. More commonly, some individuals are noticing they’re not receiving additional funds for their dependents.

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The IRS started depositing stimulus checks – but not everyone is happy originally appeared on BGR.com on Sat, 18 Apr 2020 at 10:31:43 EDT. Please see our terms for use of feeds.