The IRS is Sending Out Stimulus Payments
The IRS sent out their first wave of coronavirus stimulus checks to Americans. This according to a tweet from the Internal Revenue Service:
According to KSHB-TV, the agency is starting with Americans who have provided the IRS with banking information when filing their returns the past couple of years. Those who haven't provided information will get checks in the mail, which the TV station says could take "weeks or months."
So how can you make sure you'll get your stimulus cash, or you want to check and see where in the pipe line your cash is? The IRS can help you with that.
The agency has created a web page where you can find out if you have qualified for the stimulus, provide the IRS with your banking information if you haven't filed taxes in the past couple of years, and by the middle of the month hopefully see where your money is with a "get my payment" application. All of these tools can be located on the IRS website here.
KAIT-TV says the IRS has developed these tools so they can get their stimulus money faster.
Finally, from the IRS Economic Impact Payment Information Center web page, Here is some very important information for you:
The IRS will not call , text you, email you or contact you on social media asking for personal or bank account information – even related to the economic impact payments. Also, watch out for emails with attachments or links claiming to have special information about economic impact payments or refunds.
In order words, if you're not initiating contact with the IRS, they're not going to be reaching out to you for your banking information. So keep that information secure and don't fall for a scam.