Rush: may 13, the IRS will not accept Bank details for direct transfer of quarantine bailout

The internal revenue service (IRS) set a deadline before which the user can enter the details of your account on the site Get My Payment to accelerate the receipt of Federal assistance in connection with the coronavirus. This writes CNBC.

Поспешите: с 13 мая IRS не будет принимать реквизиты для прямого перевода карантинной финпомощи

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To expedite assistance in the amount of $1 200 will be possible until 12:00 p.m. (Eastern time) on may 13. After this date the IRS will start to send checks to recipients, it is expected that by the end of may or beginning of June, all recipients will receive financial assistance.

“We want people to visit Get My Payment before the deadline on Wednesday, may 13, so they can provide information about your account, the Commissioner said IRS Chuck Rettig. — This will give them the opportunity to get paid a few weeks earlier”.

Congress authorized the payment of up to $1 200 per person and $2 400 for married couples, plus $500 for children up to 17 years to help Americans with low and middle income to cope with the crisis caused by Covid-19.

Tool Get My Payment you can also use to check the status of payment. This information is updated once a day.

In addition, there is another web-based tool for people who usually do not submit tax returns. Tool nonfiler allows such people to provide basic information including the Bank account number in order to expedite the receipt of financial aid.

Payments will be sent automatically to persons receiving state social security benefits, supplemental income insurance, pensioners and veterans.

Friday, may 8, the Department of Finance announced that it was already shipped nearly 130 million payments totaling about $218 billion the Government expects to send about 150 million of the payments.

As previously wrote ForumDaily:

  • Federal payments in connection with the coronavirus will not be taxed.
  • If the government does not have the number of your direct Bank account, then some will have to wait for mailed checks until September.
  • According to the bailout package, there are categories of persons who, although the income doesn’t get help. They should be listed here.
  • The topic of governmental support is actively used by fraudsters. Their approach and ways to defend against them — the link.
  • April 15, the IRS has launched an online tool that will allow you to enter information about your account, track payment and get the money as soon as possible. Details about how to use it, read here.
  • After the commencement of payments, many have reported that when checking the payment status online, they found that the money was sent to the wrong account, including the dead.
  • The majority of Americans will receive Federal payments government assistance in connection with the coronavirus automatically, but there are several reasons why payment may be delayed.
  • 27 April it became known that the IRS has improved the tool for tracking payments in connection with the coronavirus: what has changed.
  • What to do if a tool the IRS Get My Payment sends an error message: a simple life hack



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