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When Will I Receive My Economic Impact Payment?

The IRS announced this weekend that the first Economic Impact Payments were deposited into SOME taxpayers’ bank accounts. On Monday it was announced that more than 80 million Americans will see checks from the federal government hit their bank accounts by today, Wednesday, April 15th.

We know many people are anxious to get their payments, and if you haven’t received your payment, there are many ways that you can check to see if it has arrived.

If you are unsure if you will be receiving a payment, head to https://www.irs.gov/coronavirus/economic-impact-payment-information-center to find out if you are eligible.

As we mentioned earlier, most taxpayers, especially those who received a tax refund by direct deposit, will receive payments automatically. No further action is needed. Don’t worry if you haven’t filed yet for 2019 but filed a 2018 federal tax return. For these taxpayers the IRS will use the information from 2018 tax filings to make the Economic Impact Payment calculations.

For those that receive Social Security retirement, disability (SSDI), or survivor benefits as well as Railroad Retirement and Survivor Benefits, the government already has your information and you will receive your payment.

For those that don’t file taxes, use the "Non-Filers: Enter Your Payment Info Here" application to provide simple information so you can get your payment. The IRS will use this information to confirm eligibility and send a stimulus payment. Find out more by visiting https://www.irs.gov/coronavirus/economic-impact-payments. Entering bank and account information into this location will allow the IRS to direct deposit the payment directly to you. If you do not enter bank or financial information, the check will be mailed to you.

If you would like to track your payment, the IRS is developing a tool which should be released by April 17th. Use the “Get My Payment” tool to find out the date that your payment is scheduled to be deposited or mailed to you.

As always, the latest information can be found at https://www.irs.gov/coronavirus. The IRS asks that instead of calling, you check their page for updates as no action is needed by most people at this time.


Jenna Walker
Communications Specialist

(606) 365-3555 Ext: 19405
Email: jwalker@fsnb.net