The feeds have created a way to see when your third coronavirus stimulus test will arrive – but that’s far from foolish.
The Internal Revenue Service has reopened its “Get My Payment” tool so taxpayers can track the status of the $ 1,400 payments that began bank accounts over the weekend.
The instrument should be familiar to anyone who has received one of the first two economic impact payments approved by Congress last year. It’s a simple online form that lets you know if your payment has been processed and when you should expect it – after entering your social security number, date of birth, street address and zip code.
But the latest version of the tool has complained of people not seeing details about when the much-needed money would arrive.
‘Get My Payment’ is a popular topic on Twitter Monday morning as taxpayers seized about the tool spitting out four dreaded words: “Payment status – not available.”
The IRS says there are three reasons why you may see that vague message. It is possible that your payment has not yet been processed, or that the IRS does not have enough information to send it to you.
It can also mean that you are not eligible for the check. Congress has tightened the eligibility rules so that anyone earning more than $ 80,000 a year will not receive any money. Full payments are still available to individuals who have had an income of up to $ 75,000 on their tax return for 2019 or 2020.
While it may be hard to wait, the IRS has urged taxpayers to be patient. The ‘Get my payment’ tool is updated daily, so check regularly if the payment status is not immediately available. Most checks should arrive automatically, and calling the IRS or your bank will not speed up the process, officials say.
“While the tax season is in full swing, IRS staff have been working 24 hours a day to provide rapid assistance to millions of Americans struggling to cope with this historic pandemic,” IRS commissioner Chuck Rettig said last week. said in a statement.
If your information is with the IRS on your file, Get My Payment should give you the date of the payment that comes by paper check or direct deposit, which most people will get.
The tool may display a “More information required” message to some taxpayers, which means the postal service could not deliver your payment. Those people can use Get My Payment to submit bank account information to the IRS.
The Get My Payment tool was not the only source of sadness for taxpayers waiting for their stimulus funds.
JPMorgan Chase and Wells Fargo customers slammed the banks on social media after saying the funds would only be available on Wednesday, although the first checks arrived over the weekend.
According to the banks, March 17 is the official payment date on the first batch of checks. According to the IRS, some people may see direct deposits before the date appear as pending or provisional payments.
This is also not the first complaint about Get My Payment. The instrument told some people earlier this year that their $ 600 stimulus checks had been sent to unknown bank accounts as a result of a snafu involving tax preparation firms.
Since the IRS distributed the first $ 1,200 checks last spring, some people who did not owe tax and did not repay their last tax return could not temporarily speed up their payments until employees made a mistake in the Get My Payment tool has not corrected.