Page 18 - IAV Digital Magazine #496

iAV - Antelope Valley Digital Magazine
By Don Jacobson & Danielle Haynes
April 15 (UPI) -
- The Internal Revenue Service rolled out a new tool Wednesday that allows Americans to check the status of their stimulus payments, and tens of millions are expected to have their money by the end of the day
The agency launched the
"Get My Payment" web page, where Americans can track their pay- ments by entering tax return infor- mation for either 2018 or 2019.
The U.S. Treasury began depositing the payments elec- tronically Friday. The first recipi- ents are eligible U.S. taxpayers who filed a tax return for either of the last two years. For those, the payments will automatically appear in their bank accounts for
the next few weeks.
Multiple banks reported Wednesday after- noon that they were experienc- ing service delays as cus- tomers checked their bank accounts online in unusual vol- umes. Others called banks to check on the sta- tus of their stimu- lus deposits.
Fifth Third Bank said it had "inter- mittent and tem-
porary
issues" with some applica- tions and phone lines. BB&T also said it had prob- lems with mobile banking and its customer service phone line. Alliant Credit Union, CEFCU and Pinnacle Bank Wyoming also reported mobile banking delays.
Treasury Secretary Steven Mnuchin said 80 million Americans should have received their
money by the end of Wednesday, and a "large majority" will receive theirs over the next two weeks.
Mailed paper checks, which take longer to deliver, will start going out "before the end of April," Mnuchin said.
The stimulus pay- ments, part of the $2.2 trillion CARES Act enacted last month, will amount to $1,200
per adult for those whose income is less than $75,000. The amount grad- ually decreases for Americans who make between $75,000 and $99,000. Those who earn more will not receive stimulus funds. The Treasury will also pay $500 per child under 17 years old.
Those who receive physical checks might notice something
unprecedented. The Washington Post reported Tuesday that the Treasury ordered the checks to dis- play
President Donald Trump's name on the "memo" line. CNN reported tha t it was a last- minute addition by the Treasury.
Trump would be the first president to have his name appear on an IRS check.
iAV - Antelope Valley Digital Magazine
IRS Rolls Out 'Get My Payment' Page To Check Status of Stimulus Checks