Trending

Stimulus checks: Payments are being deposited today; what to do if you don’t see yours

An estimated 80 million Americans have had a stimulus payment deposited into their checking accounts Wednesday morning as part of the economic stimulus plan passed by Congress and signed into law by President Donald Trump last month.

>> Read more trending news

The payments have been directly deposited into the bank accounts of those who have filed a 2018 or 2019 tax return. Those who receive Social Security benefits have also received a payment, delivered in the same way they receive their Social Security benefits.

If you have checked your account and did not find a deposit, you can go to the newly launched IRS website called “Get my payment” to see the status of your payment.

A person who did not have to pay income tax or does not receive Social Security benefits can go to this Internal Revenue website tool and click on “Non-filers: Enter Payment Info Here” to submit direct deposit account information to receive a payment, according to Treasury Sec. Steven Mnuchin.

The payment will include $1,200 checks to adults who filed their income tax under the classification of “single” who had an adjusted gross income below $75,000 and those who filed as “head of household” with an AGI of less than $112,500.

Married couples who filed taxes jointly and made less than $150,000 will receive $2,400.

In addition, the government will pay all classifications of filers an additional $500 per dependent child.

>> Coronavirus checklist: 100-plus disinfectants that may kill coronavirus on surfaces

>> Coronavirus symptoms: What you need to know

>> Coronavirus: Know the facts directly from the CDC

>> Coronavirus: Can the government make you stay home if you are sick?

0