IRS Enhances Website for Economic Impact Payment

(4/30/20)

If you have determined that you are qualified to receive an Economic Impact Payment and have not received it from the Internal Revenue Service, you may want to check the IRS website that has enhanced its “Get My Payment” webpage.

Under the CARES Act, the result of the coronavirus in the U.S., individuals having an adjusted gross income up to $75,000 ($150,000 for married workers) will receive $1,200 with an additional $500 per minor child. The payments decrease and then stop for workers having an adjusted gross income of more than $99,000 ($198,000 for married workers). The IRS will issue these payments via direct deposit or check based on 2019 or 2018 tax returns or 2019 Social Security statements.

Go to www.irs.gov and click on the link “Get My Payment” located at the top of the left column to track the status of your payment. This feature will show taxpayers the scheduled delivery date by direct deposit or mail and the last four digits of the bank account being used if the IRS has direct deposit information. Individuals will need to enter basic information including:

  • Social Security number
  • Date of birth, and
  • Mailing address used on their tax return

If your payment is scheduled the date you will receive it will appear.

Individuals needing to add their bank account information to speed receipt of their payment will also need to provide the following additional information:

  • Their adjusted gross income from their most recent tax return submitted, either 2019 or 2018
  • The refund or amount owed from their latest filed tax return
  • Bank account type, account and routing numbers

“Get My Payment” cannot update bank account information after an Economic Impact Payment has been scheduled for delivery. To help protect against potential fraud, the webpage also does not allow people to change bank account information already on file with the IRS.

Click here to access the IRS “Get My Payment Frequently Asked Questions” webpage for more information.