April 13, 2020

The IRS Started Depositing The First Wave Of Stimulus Checks!

The IRS Started Depositing The First Wave Of Stimulus Checks!

Some people will see a stimulus check from the IRS deposited into their account this week!

Checks started going out on Saturday (April 11) and the IRS said they’re issuing them out as fast as they can in a statement on Twitter.

People will continue to receive funds in the days ahead, starting with the people who filed tax returns for 2018 or 2019 and authorized direct deposit. People who haven’t filed returns, authorized direct deposits, or receive Social Security may have to wait weeks or months before seeing their money, CNN reports.

Under the $2.2 trillion economic relief package passed in March, individuals are due up to $1,200 and couples will receive up to $2,400, plus $500 per child, we covered the story here

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