More than 80 million Economic Impact Payments have already been delivered to the nation’s taxpayers. More payments are on their way. As part of this effort, the IRS has launched two tools to help taxpayers get their payments:
- Get My Payment is helping millions of taxpayers. Since its launch on April 15, millions of taxpayers have been able to input their direct deposit information to speed—and track—their payments. The IRS reminds taxpayers the information is updated once daily, usually overnight, so they only need to enter information once a day.
- The Non-Filers Enter Payment Info tool is helping millions of taxpayers successfully submit basic information to receive Economic Impact Payments quickly to their bank accounts. This tool is designed only for people who are not required to submit a tax return.
The IRS is working hard to deliver Economic Impact Payments to all eligible Americans as quickly as possible.
Economic Impact Payments: www.irs.gov/eipfaq
Get My Payment tool: www.irs.gov/getmypaymentfaq
A stimulus payment was deposited into your bank account, but it doesn't seem like the right amount. Who do you call?
The IRS started depositing payments into Americans' bank accounts less than three weeks after stimulus checks were authorized. In the first week alone, 80 million payments were made. That's quite an accomplishment, and the IRS should be applauded for cranking out deposits so quickly…but, in some ways, the rollout hasn't exactly gone according to plan.
There have been a few bumps in the road, such as problems with the "Get My Payment" tracking tool, deposits sent to incorrect bank accounts, and indecision on whether Social Security recipients would automatically receive payment. And, now, there are reports of people getting payments for the wrong amount. Sometimes, people are not getting the extra $500 for one or more children. In other cases, there's no apparent rhyme or reason why people received the amount they did. What do you do if this happens to you? Here's what we recommend.