New IRS website allows tracking of coronavirus stimulus payment

New IRS website allows tracking of coronavirus stimulus payment

New IRS website allows tracking of coronavirus stimulus payment

By quickly taking steps to enter information on the IRS website about them and their qualifying children, they can receive the $500 per dependent child payment in addition to their $1,200 individual payment.

The US$2.2 trillion stimulus package signed into law last month allocates US$1,200 to every adult earning as much as US$75,000 and US$500 for each of their children. The amount people will receive lessens depending on their AGI.

The IRS says that the Treasury Department, not the Social Security Administration, will make these automatic payments to SSI recipients. Single filers who earned more than $99,000 are not eligible for the stimulus payment.

Q: Doesthe money for dependents come separately from the $1,200?

Married couples will get the $2,400 if their combined AGI is less than $150,000.

"Y'all need to stop checking the IRS page every 5 minutes", user @ItsKaysi tweeted. They can also receive payments by debit card or paper check as they would for regular benefit payments.

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The Treasury also said on Wednesday it will automatically send the payments directly to the bank accounts of disabled, blind and elderly recipients of the Supplemental Security Income program.

Get My Payment only requires a few pieces of information from taxpayers, who should have a copy of their most recent tax return on hand to expedite the process, as well as bank account information as needed.

A new IRS webpage lets users check the status of their coronavirus stimulus payments from the government and allows them to provide their bank account information to get the money via direct deposit.

The IRS has said it sent about 80 million payments this week via direct deposit, where Trump's signature does not appear.

The IRS recommends that taxpayers only use the tool once per day given the high volume of people receiving Economic Impact Payments. Several million people who filed taxes though those tax preparer services were unable to get their payments because the IRS did not have their direct deposit information on file, according to the Treasury, companies and experts. The IRS will not send unsolicited electronic communications asking people to open attachments, visit a website or share personal or financial information. "This administration is delivering fast and direct economic assistance to hardworking Americans, and we hope these payments will bring them much-needed relief".

The Internal Revenue Service (IRS) building stands on April 15, 2019 in Washington, DC.

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