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Stimulus Checks Are On The Way -- Here's The Timetable

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  • bryce28
    2020-04-08 08:45:09 PM
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    The government promised everyone making under a certain amount stimulus checks of up to $1200/person to help with the economic downturn. Question is, when are they coming?? We already have a thread on all the ins and outs of qualifying and how much you will get. So this thread is solely assuming you qualify and you are just wanting to know when you will get it.

    They will start sending out stimulus money the week of April 13th - 17th, 2020. And they should be done sending out all checks and doing direct deposits for most everyone by early September. Here's the timetable, which is currently an estimate and subject to change:

    1) Direct Deposits go out during the week of April 13th. This will be for roughly 60-70 million Americans, basically anyone that filed their 2018 or 2019 taxes with current direct deposit info on file.

    If you haven't filed your taxes for 2019 yet, its best to do so now and include your direct deposit info so they can send you your money as soon as possible.

    UPDATE as of 4/10/2020: There are IRS portals for filers and non-filers that don't have their have direct deposit info on file with the IRS, so you can manually submit info and avoid waiting on paper checks in the mail. Or if you need to update your address or check status of your incoming money.

    2) Social Security recipients are scheduled to get stimulus checks by end of April. Or the first week of May at the latest. This includes those receiving Social Security, either through retirement or disability, and RRB recipients. Your check will be direct deposited automatically if you get your benefits through direct deposit, with no need to do anything. If you get benefit checks in the mail, your check will come in the mail.

    UPDATE as of 4/15/2020: SSI recipients will now get their stimulus checks deposited automatically by early May. The money will go into the same account or onto the same card you get your current SSI benefits.

    3) Physical stimulus checks start being mailed out, beginning April 24th, 2020 and conclude the first week of September, 2020. They will be sent out in chunks of up to 5 million/week at a time and done in the order of how much you made, from lowest to highest income.

    Here's the rough timetable all 2020 dates they will issue paper checks. Find your income range to see your estimated check arrival date. Income is based on 2018 or 2019 taxes filed, whichever is more recent.

    Timeline and Income Levels

    April
    24th: income up to $10,000

    May ($10,001 - $60,000)
    1st: 10k - $20k
    7th: $20k - $30k
    15th: $30k - $40k
    22nd: $40k - $50k
    29th: $50k - $60k

    June ($60,001 - $100,000)
    5th: $60k - $70k
    12th: $70k - $80k
    19th: $80k - $90k
    26th: $90k - $100k

    July ($100,001 - $150,000)
    3rd: $100k - $110k
    10th: $110k - $120k
    17th: $120k - $130k
    24th: $130k - $140k
    31st: $140k - $150k

    August ($150,001 - $190,000)
    7th: $150k - $160k
    14th: $160k - $170k
    21st: $170k - $180k
    28th: $180k - $190k

    September
    4th: $190,001 - $198,100 (max)

    **Keep in mind, they are going to use your AGI (adjusted gross income) and not your full income. If you haven't filed for 2019, they will use 2018s.

  • JaredS
    2020-04-08 09:19:31 PM
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    I'm glad we are prioritizing the people who need help the most and hope they get the portal live soon so people who don't have direct deposit can sign up for it and get their check sooner.

    One extra thing I'd point out is people who have recently moved but haven't updated their new address with the IRS will need to do so, especially if they don't have direct deposit.

    You can update your address by filling out a change of address form and mailing it in, updating your address on your 2019 taxes, sending a signed written statement, or by calling 1-800-829-1040 with your updated information.

  • bryce28
    2020-04-08 11:09:52 PM
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    Above info is still accurate at the moment, but some are actually reporting that direct deposits could begin to hit some people's accounts as early as April 9th. So be sure to check your bank account from the 9th onward, but expect deposits anytime between the 13th and 20th. Trump wants them done by April 15th, so its a good sign that most will be processed early next week.

    And I also heard the IRS portal for direct deposit info updates should be ready in about a week. So that's good news.

    Also the IRS will be sending everyone letters in the mail 15 days after you are sent money:

    "For security reasons, the IRS plans to mail a letter about the economic impact payment to the taxpayer’s last known address within 15 days after the payment is paid. The letter will provide information on how the payment was made and how to report any failure to receive the payment. If a taxpayer is unsure, they’re receiving a legitimate letter, the IRS urges taxpayers to visit IRS.gov first to protect against scam artists."

    If you filed your 2019 tax return, for example, the IRS is going to use the same bank account information that you might have supplied for the direct deposit for your income tax refund. You'd want to check your account to verify whether the money has arrived.

  • Mazey
    2020-04-09 09:23:34 AM
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    For people who haven't had a job therefore don't get unemployment, people without ANY income, or are on government assistance you can go to Turbotax.com and they are already filing simple tax returns so that you will also get a stimulus check. The form takes about 3 to 4 minutes to fill out and the IRS accepts it within 24 hrs. The government are making people wait for a portal to open but this is a way around that and much more efficient. It does not cost anything to do it either. Hope this helps
  • jenni
    2020-04-09 10:09:21 AM
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    Hi there! do you happen to know about the portal for independent contractors that Trump was talking about? is that up and going because I can't seem to get pass the employer section. I am in Maryland. I appreciate it.

    Jenni

  • bryce28
    2020-04-09 11:54:57 AM
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    jenni Wrote:

    Hi there! do you happen to know about the portal for independent contractors that Trump was talking about? is that up and going because I can't seem to get pass the employer section. I am in Maryland. I appreciate it.

    No problem. Its not up and going just yet, but should be soon. I posted a reply to your thread on this, explaining what's going on Maryland in more detail. Hope that helps.
  • Robert
    2020-04-09 02:02:40 PM
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    Yah I wanna tell anyone that's on SSI only , the site known as TurboTax will not get your simple taxes filled out. My wife tried and before she could try to file they wanted a banking route number. When you're on SSI you don't have a banking number , needless to say we'll wait for the portal , or the Secretary of Treasury to wake up and Change this crapola
  • J.K.Logic
    2020-04-09 02:22:40 PM
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    Robert Wrote: Yah I wanna tell anyone that's on SSI only , the site known as TurboTax will not get your simple taxes filled out. My wife tried and before she could try to file they wanted a banking route number. When you're on SSI you don't have a banking number , needless to say we'll wait for the portal , or the Secretary of Treasury to wake up and Change this crapola

    Very good point. After doing some research, the good news is they are working on this, so they say. Hopefully to be resolved very soon. Do you currently get SSI checks in the mail or direct deposit?

    Hopefully they just send the money the same way they send SSI payments now, if direct deposited. If not, let's hope they either mail them out immediately or give you a portal very soon for banking info.

  • Chaz013
    2020-04-09 04:22:10 PM
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    What if I owed money for 2018 taxes. I did process payment with electronic account info. Will they use that info for this stimulus deposit?
  • JFoster
    2020-04-09 05:09:30 PM
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    Chaz013 Wrote: What if I owed money for 2018 taxes. I did process payment with electronic account info. Will they use that info for this stimulus deposit?
    They won't use stimulus money for tax debt. You get money no matter what you owe. Forbes has a good Q&A on this as well. The answer is among many others on there. If you gave them your direct deposit info while processing your last return, they will send it that way. Otherwise, they will mail the check. Also, the IRS is building an online portal you can use to submit your banking info so you don't have to worry about waiting on a check in the mail. The portal will be up in a couple of weeks or less.
  • Candida
    2020-04-10 08:45:09 AM
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    I work full time and I’m in the tail end of paying off back child support (under $3000) it’s not owed to the state it’s owed to my X someone told me I won’t receive the stimulus refund, is this true? I work my butt off every week and I’m still working with hours cut. I don’t owe current support only arrears. Any information on this?
  • bryce28
    2020-04-10 12:14:54 PM
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    Candida Wrote: I work full time and I’m in the tail end of paying off back child support (under $3000) it’s not owed to the state it’s owed to my X someone told me I won’t receive the stimulus refund, is this true? I work my butt off every week and I’m still working with hours cut. I don’t owe current support only arrears. Any information on this?

    That's a good question. I have read multiple times that if you owe back child support, they will use your stimulus to pay off your debt. I can't find it explicitly on the IRS website, but NBC News reported it among many others. Also this video should give clarity. I would not expect to get the stimulus check though if you owe $1200 or more.

  • J.K.Logic
    2020-04-10 12:54:04 PM
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    Robert Wrote: Yah I wanna tell anyone that's on SSI only , the site known as TurboTax will not get your simple taxes filled out. My wife tried and before she could try to file they wanted a banking route number. When you're on SSI you don't have a banking number , needless to say we'll wait for the portal , or the Secretary of Treasury to wake up and Change this crapola

    Portal is open for non-filers now, including SSI recipients:

    Non-Filers: Enter Payment Info Here

    Who should use Non-Filers: Enter Payment Info to provide additional information to receive the Economic Impact Payment?

    Eligible U.S. citizens or permanent residents who:

    • Had gross income that did not exceed $12,200 ($24,400 for married couples) for 2019
    • Were not otherwise required to file a federal income tax return for 2019, and didn't plan to

    You can provide the necessary information to the IRS easily and quickly for no fee through Non-Filers: Enter Payment Info. We will use this information to determine your eligibility and payment amount and send you an Economic Impact Payment. After providing this information you won’t need to take any additional action.

  • graysfun
    2020-04-12 05:56:22 AM
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    I have been paying back taxes via my bank account (auto-debit). Will I be eligible for the stimulus check and with the suto-debit from my bank account does that give the info needed (deposit) if I qualify?
  • Keithnjess53
    2020-04-12 08:37:36 AM
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    My husband is on social security disablity and child support is taken out of his check every month. Are they gonna take his stimulus check now on top of it?
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