#Stimulus #StimulusCheck #GetMyPayment #IRS
April 15, 2020
Get My Payment is updated once daily, usually overnight. The IRS urges taxpayers to only use Get My Payment once a day given the large number of people receiving Economic Impact Payments.
How to use Get My Payment
Available only on IRS.gov, the online application is safe and secure to use. Taxpayers only need a few pieces of information to quickly obtain the status of their payment and, where needed, provide their bank account information. Having a copy of their most recent tax return can help speed the process.
• For taxpayers to track the status of their payment, this feature will show taxpayers the payment amount, scheduled delivery date by direct deposit or paper check and if a payment hasn’t been scheduled. They will need to enter basic information including:
o Social Security number
o Date of birth, and
o Mailing address used on their tax return.
• Taxpayers needing to add their bank account information to speed receipt of their payment will also need to provide the following additional information:
o Their Adjusted Gross Income from their most recent tax return submitted, either 2019 or 2018
o The refund or amount owed from their latest filed tax return
o Bank account type, account and routing numbers
Get My Payment cannot update bank account information after an Economic Impact Payment has been scheduled for delivery. To help protect against potential fraud, the tool also does not allow people to change bank account information already on file with the IRS.
A Spanish version of Get My Payment is expected in a few weeks.
SOURCE: IRS.gov
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DISCLAIMER: The Atlas Post, affiliates and related parties do not provide tax, legal, accounting or financial advice. This material in this videos has been prepared for informational purposes only. It is not intended to provide and should not be construed or relied on for, tax, legal, accounting or financial advice. If you need advice, consult your own tax, legal, accounting or financial advisor or professional before engaging in any transaction.
