The US Treasury has said 80 million stimulus payments will be sent out this week. That has left a lot of people wondering when their stimulus check will arrive, so The IRS released a new tool today that helps you track it.
The tool is called Get My Payment. You can track the status of your payment, whether you'll get a paper check or direct deposit, and you can enter your bank information if the IRS doesn't already have it.You'll need to enter your name, birth date, SSN or Tax ID number (so have your recent tax returns available if you need), and home address to get started.
The tool is not without kinks though... many people have been tweeting about about their status as "not availabile." I tried it myself and saw the same message.
According the the IRS,
U.S. residents will receive the Economic Impact Payment of $1,200 for individual or head of household filers, and $2,400 for married filing jointly if they are not a dependent of another taxpayer and have a work eligible Social Security number with adjusted gross income up to:
$75,000 for individuals
$112,500 for head of household filers and
$150,000 for married couples filing joint returns
Taxpayers will receive a reduced payment if their AGI is between:
$75,000 and $99,000 if their filing status was single or married filing separately
112,500 and $136,500 for head of household
$150,000 and $198,000 if their filing status was married filing jointly
The amount of the reduced payment will be based upon the taxpayers specific adjusted gross income.
Eligible retirees and recipients of Social Security, Railroad Retirement, disability or veterans' benefits as well as taxpayers who do not make enough money to normally have to file a tax return will receive a payment. This also includes those who have no income, as well as those whose income comes entirely from certain benefit programs, such as Supplemental Security Income benefits.
Retirees who receive either Social Security retirement or Railroad Retirement benefits will also receive payments automatically.
Have you gotten your stimulus payment yet?