$600 Stimulus Checks Are Being Sent Out By The IRS And Treasury Department Right Now!

The IRS just released a statement on the status of the second round of stimulus checks.

A press releases by the IRS stated that the  Americans’ Economic Impact Payments will be hitting some bank accounts via direct deposit tonight and others will receive checks soon after.

The Senate has yet to increase the Stimulus Checks to $2,000  at Trump’s request but in the meantime, at least the IRS and Treasury are sending out Stimulus Checks to many struggling Americans.

.@USTreasury has delivered a payment file to the @FederalReserve for Americans’ Economic Impact Payments. These payments may begin to arrive in some accounts by direct deposit as early as tonight and will continue into next week (1/2)

— Steven Mnuchin (@stevenmnuchin1) December 29, 2020

Paper checks will begin to be mailed tomorrow. Later this week, you can check the status of your payment at https://t.co/pFBzGzK8mD. (2/2)

— Steven Mnuchin (@stevenmnuchin1) December 29, 2020

The IRS released these details regarding the second round of stimulus checks:

Today, the Internal Revenue Service and the Treasury Department will begin delivering a second round of Economic Impact Payments as part of the Coronavirus Response and Relief Supplemental Appropriations Act of 2021 to millions of Americans who received the first round of payments earlier this year.

The initial direct deposit payments may begin arriving as early as tonight for some and will continue into next week. Paper checks will begin to be mailed tomorrow, Wednesday, December 30.

The IRS emphasizes that there is no action required by eligible individuals to receive this second payment. Some Americans may see the direct deposit payments as pending or as provisional payments in their accounts before the official payment date of January 4, 2021. The IRS reminds taxpayers that the payments are automatic, and they should not contact their financial institutions or the IRS with payment timing questions.

#IRS begins delivering a second round of Economic Impact Payments to millions of Americans. There’s no need for taxpayers to take any action or call the agency. See https://t.co/VY0F1xzGPl #COVIDreliefIRS

— IRSnews (@IRSnews) December 29, 2020

https://twitter.com/USTreasury/status/1344064327771435008

The Treasury Department also said the checks are coming out now:

Today, the Treasury Department and the Internal Revenue Service will begin delivering a second round of Economic Impact Payments to millions of Americans as part of the implementation of the Coronavirus Response and Relief Supplemental Appropriations Act of 2021. The initial direct deposit payments may begin arriving as early as tonight for some and will continue into next week. Paper checks will begin to be mailed tomorrow, Wednesday, December 30. This second round of payments will provide critical economic support to those who, through no fault of their own, have been adversely impacted by the COVID-19 pandemic.

Eligible individuals will receive an Economic Impact Payment of up to $600 for individuals or $1200 for married couples and up to $600 for each qualifying child. Generally, if you have adjusted gross income for 2019 up to $75,000 for individuals and up to $150,000 for married couples filing joint returns and surviving spouses, you will receive the full amount of the second payment. For filers with income above those amounts, the payment amount is reduced.

For more updates on the status of your stimulus check out the IRS official website https://www.irs.gov/coronavirus/get-my-payment