Do This! To Check When You’re Getting Your Stimulus Payment
As a part of President Biden's $1.9 Trillion American Rescue Plan, stimulus payments should start going out this week, if you didn't get it this past weekend.
I was seeing on Twitter this past weekend, some people's stimulus was deposited into their bank accounts, as long as you have direct deposit from the IRS when you did last year or this year's taxes. Most checks will be directly deposited this week.
Individuals earning $75,000 per year and couples earning $150,000 would still receive the full $1,400-per-person benefit. However, the benefit would disappear for individuals earning more than $80,000 annually and couples earning more than $160,000.
For example, that means singles making between $80,000 and $100,000 and couples earning between $160,000 and $200,000 would be newly excluded from seeing any benefit under the revised structure.
In the $1 Trillion Plan, a child tax credit where most Americans would receive $3,000 ages 6 to 17, and $3,600 for each child under 6, according to the washingtonpost.com The provision of the bill would last one year and be sent direct deposit on a "periodic" basis. The more regular payments are intended to help offset costs families face day-today, instead of sending families one annual payment.
Also, part of the plan, housing assistance, school support, and funding for covid-19 testing and contact tracing. And increasing the size of the public health workforce and funding vaccine distribution and supply chains.
Step 1: irs.org/getmypayment
Step 2: Fill out your information - Date of birth, ss#, and address.
It should tell you exactly when you'll see your stimulus in your account.
**Also, at the bottom, you can check to see how much you'll receive by answering more questions.
This is for a direct deposit first, then if you don't have a direct deposit, it should let you know when your check will be mailed out.
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