I have filed my 2018 Federal Income Tax Return however had to pay a small balance, hence no direct deposit information on the 2018 Tax Return. I was laid off in July 2019 and received a large severance and other associated payments, with all this has put me over the threshold for the COVID-19 stimulus relief. Therefore, now I am unemployed and still haven't found a position as of now, the COVID-19 stay at home situation has made this even more difficult. I am holding off filing my 2019 tax return so I can get the stimulus relief funds based on my 2018 tax return, however, when I check the Get My Payment on the IRS website I get this response:
Payment Status Not Available
According to information that we have on file, we cannot determine your eligibility for a payment at this time.
So I am asking what would others do. If I file my 2019 tax return now I will get nothing due to the severance plus I am not getting a refund in 2019. I am unemployed currently and the stimulus relief package would really help my family, and I owed a small balance on my 2018 federal tax return and IRS doesn't have my direct deposit info for 2018, they have it on the 2017 tax return though, since I had a refund that year. I am in a very difficult situation. Any advice on what I should do. Will I get a check for the stimulus or will they wait until July 15, 2019 deadline to determine info which will rule me ineligible anyways? I think I am going to get screwed.
Any suggestions would help.
