Do you know of the Stimulus Check Status? The Coronavirus Aid, Relief, and Economic Security Act, which is referred to as the CARES Act; was assigned into law by President Donald Trump on the 27th of March, 2020. This stimulus package allocates funds for a number of programs, including stimulus checks for many American citizens, among other legislative changes. The IRS has provided a new online tool that can allow people to check the status of their COVID-19 stimulus payment and see when it will arrive. The IRS will be updating this platform once a day to get the recent stimulus check update.
Stimulus Check Status
Most eligible citizens will be granted their stimulus check by a Direct Deposit method. In other words, the IRS will deposit the money directly into the bank account of the eligible citizens. If an individual does not have his/her bank information on file with the IRS, then they will get a paper check in their mail. If a citizen wants to provide his/her bank information/details to the IRS for Direct Deposit, and their stimulus check hasn’t been mailed yet, then he/she can do that in the “Get My Payment” portal as well.
Additionally, the “Get My Payment” platform can also be used to provide updates on their mailing address if required.
The maximum payment grant for an individual is $1,200, or $2,400 for a married couple filing jointly, and $500 for a qualified child. Most US citizens will be granted the full amount, while others will get less. The amount of your stimulus check grant is based on the most recent tax return filed with the IRS i.e. for the tax year 2018 or 2019.
Who Is Eligible for a Stimulus Check?
In order for a citizen to be eligible for the stimulus check, he/she must have a Social Security Number (SSN), and also required to have filed a recent income tax return for the year 2018 or 2019. The stimulus payment amount granted to an individual is based on information from the most recent tax return filed with the IRS by the citizen.
Your eligibility for the stimulus check is based on a citizen’s income level. A citizen will receive a stimulus check if their income is:
- Less than $99,000 for an individual filer.
- Less than $198,000 for Married Couples Filing Jointly.
- Less than $136,500 for Heads of Household.
NOTE: If a citizen is claimed to be dependent on someone else’s tax return, he/she will not be eligible for the stimulus check. For more information, please visit the IRS Coronavirus Tax Relief and Economic Impact Payments center.
How to Track the Status of Your COVID-19 Stimulus Check
Over millions of American citizens have gotten their first round of stimulus payments deposited into their bank accounts already. And the IRS has been having a system glitch since the provision of the “check stimulus status” tool due to the quick launch and high volume of users operating on it.
Citizens can check the status of their stimulus check money online using the “Get My Payment” tool which is provided by the IRS. Follow the steps below to check:
- Visit the “Get My Payment” webpage via the URL https://www.irs.gov/coronavirus/get-my-payment/.
- Click on the blue button with the “Get My Payment” option.
- On the displayed page, a notification message about authorized use will appear.
- Click the blue “OK” option button.
- Enter your personal details and information –which includes your Social Security Number (SSN), or Individual Tax ID Number (ITIN), date of birth, street address, and ZIP or postal code.
- Then click the “CONTINUE” option button.
After this step, you will be redirected to your stimulus payment status and whether it has been scheduled for deposit/delivery. The page can also notify you if the website cannot determine your status yet.