An estimated 80 million Americans have had a stimulus payment deposited into their checking accounts Wednesday morning as part of the economic stimulus plan passed by Congress and signed into law by President Donald Trump last month.
The payments have been directly deposited into the bank accounts of those who have filed a 2018 or 2019 tax return. Those who receive Social Security benefits have also received a payment, delivered in the same way they receive their Social Security benefits.
If you have checked your account and did not find a deposit, you can go to the newly launched IRS website called “Get my payment” to see the status of your payment.
A person who did not have to pay income tax or does not receive Social Security benefits can go to this Internal Revenue website tool and click on “Non-filers: Enter Payment Info Here” to submit direct deposit account information to receive a payment, according to Treasury Sec. Steven Mnuchin.
The payment will include $1,200 checks to adults who filed their income tax under the classification of “single” who had an adjusted gross income below $75,000 and those who filed as “head of household” with an AGI of less than $112,500.
Married couples who filed taxes jointly and made less than $150,000 will receive $2,400.
In addition, the government will pay all classifications of filers an additional $500 per dependent child.