Stimulus Payment Helpful Information – April 13, 2020

Do you have questions about stimulus payments such as eligibility, payment status, changing your address, entering direct deposit information?

The IRS is committed to helping you get your Economic Impact Payment as soon as possible. The payments, also referred to by some as stimulus payments, are automatic for most taxpayers. No further action is needed by taxpayers who filed tax returns in 2018 and 2019, as well as most seniors and retirees.

The following website will answer all of your questions regarding payment information.

https://www.irs.gov/coronavirus/economic-impact-payments

  1. Check your eligibility
  2. If you have not filed a 2018 or 2019 tax return, follow the prompts for Non-Filers
  3. For Filers, you can check your payment status, confirm your payment type or enter your bank account information for direct deposit if the IRS does not already have it. (This will be available mid-April)
  4. If you moved, there is a prompt to update your address

Please visit the above website for answers to all of your questions.

Robert (Bob) Schmidt, CPA

Principal at BWTP, P.C. Read Bob’s bio here.

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