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Impatient Americans waiting on their third COVID-19 stimulus check now have a tool as the IRS reopened its “Get My Payment” tool.
Using the online aid, taxpayers can keep track of their $1,400 payment that started hitting some Americans’ bank account as recently as this weekend.
“Get My Payment” is updated daily, typically overnight, and is a means to avoid having Americans flooding the IRS phone lines asking where their stimulus check is. Officials noted that those working the phones do not have any information that isn’t listed on the IRS website.
To check the status, one simply has to go to the website, enter their Social Security number, birth date, street address, and ZIP code.
Detroit Free Press (MI)
Should CPAs and taxpayers get an extra two months to file their federal income taxes? Does the tax season, which started late anyway, need to be extended until June 15?
The idea of a one-time, across-the-board extension makes a great deal of sense when you consider the extra long list of challenges and changes relating to the filing of 2020 tax returns, which remain due April 15.
One tax professional told me earlier this year that there s absolutely nothing clear and simple about this tax season.
The COVID-19 pandemic continues to put a limit on office hours and in-person appointments for tax preparation. Fortunately, a great deal of tax preparation can be done remotely. So that s a help.
About 90 million economic stimulus payments, worth about $242 billion, have been distributed as of Wednesday, March 17, the U.S. Department of the Treasury said in a news release.
The first Economic Impact Payments from the American Rescue Plan went out on Friday, March 12, and were mostly sent by direct deposit, which some recipients have already received. The $1,400 payments are part of President Biden s $1.9 billion COVID relief plan.
The first batch of payments primarily went to eligible taxpayers who provided direct deposit information on their 2019 or 2020 returns. Those recipients include people who don’t typically file a return but who successfully used the Non-Filers tool on IRS.gov last year.