PYMNTS

APRIL 10, 2020

A new IRS portal for coronavirus relief payments has been launched in conjunction with the U.S. citizens and resident aliens who are not claimed as dependents and had gross income below $12,200 ($24,400 for married couples) in 2019, according to the IRS site. Users must also have a valid Social Security number. .

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IRS Checks Social Security Consumer 145

PYMNTS

MAY 11, 2020

The Internal Revenue Service (IRS) says it’s making progress distributing stimulus checks, and there’s still time for recipients to get their checks direct deposited. We are working hard to continue delivering these payments to Americans who need them,” said IRS Commissioner Chuck Rettig in a statement.

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Direct Deposit IRS Checks Social Security 64

PYMNTS

APRIL 27, 2020

The key groups who will receive these payments include people who aren’t required to file tax returns, such as those who receive Social Security, Supplemental Security Income (SSI) and veterans’ affairs benefits. In addition, tax filers who have recently provided bank information to the IRS will get the payments.

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IRS Checks Small Business Direct Deposit 103

PYMNTS

APRIL 9, 2020

The first round of emergency assistance is expected to reach people who have previously provided direct deposit information to the Internal Revenue Service (IRS). Most Social Security recipients get their benefits through direct deposit, according to the congressional committee’s announcement.

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IRS Direct Deposit Social Security Accounts 102

PYMNTS

APRIL 27, 2020

Those who had trouble utilizing the IRS’ “Get My Payment” web tool to access their personal stimulus funds may now find it easier to use after updates were made, per reports. According to the IRS, the updates will make it easier for individuals to add direct deposit information and check the status of their funds.

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IRS Checks Direct Deposit Social Security 61

PYMNTS

APRIL 5, 2020

The IRS will be using federal tax returns from 2018 or 2019 to determine eligibility. TurboTax teamed up with the IRS and volunteered to develop a tool to help non-filers get their money. The TurboTax Stimulus Registration solution will help people send the IRS a minimal tax return to ensure payment.

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IRS Returns Checks Direct Deposit 91

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DECEMBER 17, 2020

The IRS and a coalition of state tax agencies and tax industry officials are warning individuals that fraudulent text messages are circulating promising people a way to access their $1,200 direct deposit with a link to “complete the last step to finalize the transaction.”

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Scams IRS Federal Trade Commission FTC 84