The IRS Tweeted last Saturday that they began processing the stimulus checks.
For most of individuals that have a credit union account already received your stimulus check.
If you opted for a direct deposit for 2018 or 2019 federal tax filing, the funds will be deposited to your account by the end of the week.
This is great!
If you haven’t gotten your stimulus check yet, the Treasury Department has link that you can visit and look-up the status of your stimulus check. Click the link here:
You may need the following:
- Your 2019 returns, if you filed already.
- Your 2018 returns, if not.
More stimulus checks coming
According to congress’ means and ways committee, the IRS will release 60 million payments to Americans through direct deposit, for the week of April 12-18, 2020.
Ten days after the first run of payments the IRS plans to make another batch of payments for Social Security beneficiaries who did not file a return a 2018 or 2019 tax return.
In the first week of May, the Treasury Department will begin issuing paper checks to individuals that opted for a check to be mailed to them.
