Other financial discussions

@Shottamike23   Don't know why Thursday was mentioned but  the Internal Revenue Service (IRS) will start directly depositing the economic impact payment—otherwise known as the stimulus check—directly into Americans' accounts for mid-April, around April 15.

 

These first direct deposits will go to Americans who filed tax returns in the past two years and whose payment details are already on record.

 

For those who have not filed tax returns recently, the Treasury said it was developing "in the coming weeks" a web-based portal to allow these people to provide their bank details and receive immediately the economic impact payment rather than waiting for checks in the mail.

 

Anyone else will have to wait for a paper check. The Washington Post reported that checks for lower-income individuals will be prioritized and mailed first, citing an internal IRS plan circulating internally.

 

The IRS will reportedly start mailing checks out to those unable to receive the economic impact payment digitally from April 24, but some may not arrive until September.

 

The Treasury said social security recipients, who do not usually have to file a tax return to the IRS, will receive their economic impact payments directly and automatically into their accounts.

 

Treasury Secretary Steve Mnuchin said social security recipients will get their stimulus payments "very quickly" after the first IRS deposits are made in mid-April.

View solution in original post