Millions of Americans are expecting to receive their stimulus checks this week, this comes after the government signed the 2.2 trillion aid stimulus package late last month to help people get through the coronavirus economic lockdown.
The government is sending stimulus checks of $1,200 per adult plus $500 per child under 17. The size of the check shrink for individuals with income above $75,000 and married couples with income above $150,000. The first to receive are those who have their direct deposit information on file with the Internal Revenue Service, which allows the government to send the money directly into their bank accounts.
IRS recently launched a new site to track your stimulus payment status. The stimulus package tracking website “Get My Payment” system launched Wednesday. By providing bank-account information, you can get your payments faster through direct deposit instead of paper checks, which may take weeks or months to arrive.
To get to the part of the site where you can provide your bank information if you want to switch from paper checks to electronic deposits, you will need to provide information from your most recent tax returns such as income and refund amount.
However, due to the site experiencing high volume, some people may experience technical difficulties. And some reported that it wasn’t providing information to all users.
According to the IRS, the “status not available” messages received by many users can happen for various reasons. This could mean the individual is not eligible, did not file tax returns for 2018 or 2019, or the Social Security recipient whose information isn’t in the IRS system. As of Wednesday afternoon, more than 6.2 million people checked their stimulus payment status and more than 1 million provided banking information.