When will you get your stimulus payment? Here’s how to check

Article from CNN.com

The Internal Revenue Service started sending out stimulus payments this week — but while 80 million people can expect the money to hit their bank accounts by Wednesday, others will be waiting longer before the cash is in their hands.

The first payments will go to those who’ve already filed their 2018 or 2019 tax returns and authorized the Internal Revenue Service to make a direct deposit if they were due a refund. Within that group, the agency is starting with people with the lowest incomes. Social Security recipients will also automatically receive their payments, even if they haven’t filed a return. There are tens of millions of people who don’t fall into those categories. Taxpayers who haven’t authorized a direct deposit could be waiting weeks for a check in the mail — though they can update their bank information using Treasury’s new web portal, which went live Wednesday. Click here to continue reading this article.

 

Get My Payment – Check on the status of your Economic Impact Payment and update Direct Deposit information

Info from IRS.gov

This application will give you information about: your payment status, your payment type, whether we need more information from you, including bank account information. Click here for more information.

 

Non-Filers ONLY: Update bank account information for IRS

Info from IRS.gov

You can provide the necessary information to the IRS easily and quickly for no fee through Non-Filers: Enter Payment Info. We will use this information to determine your eligibility and payment amount and send you an Economic Impact Payment. After providing this information you won’t need to take any additional action. Click here for more information.

 

Blog by Kim Storen, EA – Managing Tax Accountant, Business Services Manager

Learn more about Kim and the rest of the Storen Financial team here.