Updated: April 15, 2020 06:27 PM
Stimulus payments are now making their way into Americans' bank accounts. On Wednesday, the IRS opened an online portal for people to check the status of their payment.
The 'Get my Payment' portal is meant to help folks check the status of their payment, confirm how they want to get paid, and also enter bank information to get direct deposit.
For those who didn't file taxes, there is also a 'non-filers' web portal with information on receiving the payment. The non-filers portal is also designed for those who don’t receive social security retirement, disability, or survivor benefits and railroad retirement benefits.
However, most people will get their payments automatically in their bank account so these extra steps wont be required.
Duluth resident Katherine Augusta said she got her payment deposited into her bank account Wednesday morning.
Augusta is one of many community members wondering if they qualify for a stimulus payment. She just started a part time job at the Aftenro Assisted Living Facility. Before that, she was out of work for a few years.
"I looked this morning and saw that the IRS just deposited this money into my account. I was pleasantly surprised and it came at a good time because I'm in the process of buying a washer and dryer because I just recently closed on a house," said Augusta.
For many residents struggling to make ends meet, the stimulus payment will be a temporary fix for finances.
"Especially for ones that have lost their jobs and that unfortunately don't have savings to help them, this can help at least with rent payment or buying groceries," said Augusta.
"I am grateful that people have this resource and I've talked to a lot of people on the phone who are just really glad to get any additional help they can," said Zayla Asquith-Heinz, the Community Action Duluth tax site supervisor.
Community Action Duluth staff said they've been getting swamped with phone calls about the stimulus payments and have been suggesting the web portal for those who need to make changes with their information.
"You can go into this portal and change that information and change your mailing address, change your direct deposit information, and then they'll be checking your income and giving you that stimulus payment," said Asquith-Heinz.
The IRS just announced that supplemental security income(SSI) recipients will now automatically receive the stimulus payment as well. SSI recipients will get a $1,200 Economic Impact Payment with no further action needed on their part. The IRS projects the payments for this group will go out no later than early May.
As a reminder, single adults will receive about $1,200. Married couples will get $2,400, and parents will receive $500 per child 16 or under on top of their total. The amount will decrease for single adult making $75,000 or more, and for any married couples making $150,000 or more.
Any single adult making $99,000 or more, or any married couples making $198,000 or more, will not receive a stimulus payment.
The IRS reminds taxpayers that they will not have to pay taxes for the stimulus payment, since its considered a credit. The IRS also says this will not affect future tax returns.
To check the status of your stimulus payment, go to: https://www.irs.gov/coronavirus/economic-impact-payments
Updated: April 15, 2020 06:27 PM
Created: April 15, 2020 04:18 PM
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