If you’re eligible, check the status of your stimulus payment and the way it’ll be sent to you by going to the IRS Get My Payment Tool, which went live on March 15th. Further batches of payments were set to arrive during the following weeks. The IRS began issuing the first batch of stimulus payments, and they started to arrive as early March as 13-14. This means a family with two children could receive $5,600. If you are eligible, you could get up to $1,400 in stimulus checks for each taxpayer in your family plus an additional $1,400 per dependent. We know these funds are important to you, and we are here to help. The bill includes a third round of stimulus payments for millions of Americans. The American Rescue Plan, a new COVID relief bill, was signed into law on March 11, 2021. Users who are told they are not receiving a payment or that their payment status is unavailable when accessing the Get My Payment tool can check their eligibility using the 2020-2021 Stimulus Check Calculator found at the Intuit website or see the IRS website for more information on eligibility.A third round of stimulus checks is on the way for millions. "For people who received a partial Economic Impact Payment, they can take the Recovery Rebate Credit for any remaining amount they're eligible for by completing line 30 of the 2020 Form 1040 or 1040-SR," the IRS said. Those who do not receive their full second stimulus payment by the time they file their 2020 tax returns can claim a Recovery Rebate Credit on their tax returns, the IRS noted. The IRS and Intuit advise customers to check the Get My Payment tool on the IRS website to verify where their stimulus check was deposited or mailed. #IRS urges you to check your mail: #COVIDreliefIRS /mbHEJTVDZ8- IRSnews January 7, 2021 Starting this week, approximately 8 million people will receive their 2nd Economic Impact Payments by prepaid debit card. Those who reside abroad will have longer wait times for checks as disruptions to air travel and mail delivery in some countries will slow delivery," the IRS noted. "Mailed payments will require more processing and mailing time. Some people will be mailed debit cards in January, and the IRS urges people to carefully check their mail. "Paper checks also began going out and will continue to be sent through January. Some Americans may have seen the direct deposit payments as pending or as provisional payments in their accounts before the scheduled payment date of January 4, 2021, which is the official date funds are available. In an updated statement on Thursday, the IRS advised: "The direct deposit payments may take several days to post to individual accounts. By law, the financial institution must return the payment to the IRS, they cannot hold and issue the payment to an individual when the account is no longer active," the IRS said. "Because of the speed at which IRS issued this second round of payments, some payments may have been sent to an account that may be closed or no longer active.
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