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By andy meek aemeek april 22nd 2020 at 2 15 pm the trump administration via the irs has begun sending out the first wave of stimulus checks as part of the massive 2 2 trillion stimulus.
Where s my stimulus money coming from. The first is an online app from the irs called get my payment which can tell you how much your total second stimulus check should be if there s a delay and other useful details. We re automatically reissuing second economic impact payments for some taxpayers who don t recognize the bank account information shown in get my payment. On march 27 2020 congress approved the expenditure of 2 trillion for businesses and individuals.
The cares act directs the irs to use your 2019 tax return to determine how much you get and how to send the money. You can check the status of your stimulus check using the irs s get my payment tool which updates once a day. Get my payment will confirm if we sent your payment s and how we sent your payment.
Qualifying single tax filers will receive up to 600 each and married joint filers will receive up to 1 200 plus 600 for each child dependent. The money is not taxed as income and will not need to be repaid to the us government. Watch your bank account and mail for stimulus payment.
You ll need to enter your. While the virus appears contained in china european countries and the united states are going all out with spending promises to limit the fallout of their own runaway outbreaks. Also payments will be issued.
Then on april 23 2020 they passed an additional 484 billion for business and disaster relief. The fastest way to get your stimulus check is via bank direct deposit from the irs. It will show you how your money is being sent either direct deposit or through the.
The irs created an online tool called get my payment that can be used to check on the status of your money. It launched wednesday and is available on the irs website. Americans are beginning to see money from a second round of stimulus checks via direct deposit and paper check.
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