Those with the lowest adjusted gross incomes would receive the first payments.
Families with children 16 or younger will receive a$500 credit per child.
No Interest Til Almost 2027?
This post refers to stimulus checks issued in 2020. For the most up-to-date info, check out ourrecent tax articles.
When Will I Receive My Coronavirus Check?
OK, so the big question on your mind is probably: When will I receive my coronavirus check?
The majority of these deposits will be available by April 14 at the latest.
Did you know?
So on May 8, checks will be mailed to those with AGIs of $30,000 or less.
On May 15, they would go to those whose AGIs are $40,000 or less, etc.
Sept. 4:The final checks would be mailed to eligible taxpayers with the highest AGIs.
How Do I Sign Up for Direct Deposit?
The IRS is building a web portal that would allow you to set up and update that information.
Is There Anything I Can Do to Get My Check Faster?
There are really only two things you might do to speed up this process:
1.
File a 2018 or 2019 tax return if youre not receiving Social Security benefits.
Checkhttps://www.irs.gov/coronavirusfrequently, as thats where the IRS is posting all key information related to coronavirus relief.
It sounds appealing right?
Check it out here!
