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If you meet the qualifications and have filed a tax return for 2018 or 2019, and if the IRS has direct deposit information for you, your stimulus payment of $1,200 should arrive in your account by today, April 15th.
How do you know if you qualify?
Your AGI needs to be less than $75,000 for individuals, $112,500 for those filing as head of household, or $150,000 for married couples filing joint tax returns. Couples who fit this criterion and are married and filing jointly will receive a total of $2,400.
Payments in reduced amounts will be provided for individuals if their AGI falls between $75,000 and $99,000, for heads of household earning between $150,000 and $198,000, or if married and filing a joint tax return at $150,000 to $198,000.
For parents, an extra $500 will be added for each dependent child under the age of 17.
Citizens who are on Social Security retirement, Railroad retirement, have disability or veterans benefits will automatically receive a $1,200 stimulus payment whether they’ve filed a tax return in 2018 or 2019 or not.
If you didn’t provide any information related to direct deposit to the IRS when you filed your taxes, or if you haven’t filed yet, you’ll receive a paper check at your last known mailing address. This could take up to 20 weeks. As a precaution, the government plans to mail a letter about the stimulus check payment to this last known address within 15 days after the check has been cashed stating the payment has been made. They will provide information on how you can report to them if you didn’t receive the payment.
In order to check on your payment or to submit banking information, or if you haven’t filed your taxes yet but want to provide direct deposit information, you should be able to go to the IRS active web portal here. The IRS also states you can check on your payment by mid-April at this “Get My Payment” link (which is not active at the time of this writing on April 14th.)
Reasons you may not be eligible:
- You don’t have a valid Social Security number
- You are claimed as a dependent on another person’s tax return.
- Your AGI is greater than $99,000 for and individual, $136,000 for head of household, or $198,000 for married filing jointly
- You are a non-resident alien
- You filed a Form 1040-NR, 1040NR-EZ, Form 1040-PR, or Form 1040-SS in 2019
What if you had an AGI of up to $12,200 (or $24,400 for married couples) and weren’t required to file? Here’s where you can go to apply on the IRS website.
REMEMBER: Be aware of scams. The government will not call you, email you, or send you a message on social media. Do not send money or respond with any personal information to any message of this type. Visit IRS.gov to make sure it’s not a scam.