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TopicStimulus checks Direct Deposit
RCtheWSBC
04/02/20 8:46:51 PM
#10:


DPsx7 posted...
DD is no good because I'd have to look up my number. I just ask for a check, way easier.
Just be aware that it'll take longer. Direct deposits will start as soon as April 9, whereas they're planning to mail checks on April 24, in increments starting with those whose AGI was under $20,000.

More details from the IRS here: https://wapo.st/3aF1JUv

The IRS plan would distribute paper checks to the lowest-income Americans first, prioritizing payments for individual taxpayers with incomes of $10,000 or less on April 24.

Checks for earners of $20,000 or less would be in the mail May 1, followed by those with incomes of $30,000 on May 8, $40,000 on May 15, and continuing in income increments of $10,000 each week, according to the plan. The IRS plans to issue about 5 million checks each week.

Stimulus checks would be issued on Sept. 4 to joint taxpayers earning $198,000, the maximum allowed under the stimulus. All others would be sent on Sept. 11, in most cases because the IRS did not have prior tax information for them and they need to apply for the checks.



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