- The IRS and Treasury Department announced last Friday that 88.1 million economic impact payments have been issued to Americans as part of the CARES Act.
- More than 150 million payments will be sent out in total, which means tens of millions of Americans are still waiting for their money with May bills nearly due.
- A new wave of coronavirus stimulus payments may be going out as early as this week.
- Visit BGR’s homepage for more stories.
Last week, the IRS and the US Department of the Treasury announced that 88.1 million payments worth nearly $158 billion had been issued to Americans as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. You can even see a breakdown of how many payments have been issued to each individual state on the IRS website, but as the news release notes, over 150 million payments will be sent out in total, which means that days before bills are due, millions of Americans are still waiting to receive their Economic Impact Payments.
As we have reported, the IRS set up two online tools to assist with these payments — one is for those who filed their taxes this year or last and the other is for non-filers. As long as the IRS has your direct deposit information on file, you should be able to use the Get My Payment tool to see exactly when the money will be deposited in your account. The first wave went out the week of April 13th, and more payments should be going out this week.
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Waiting for your stimulus check? Here’s when it might finally arrive originally appeared on BGR.com on Mon, 27 Apr 2020 at 14:15:45 EDT. Please see our terms for use of feeds.
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