IRS says more stimulus checks will land on March 24
Source: CBS News
The IRS has an update for people who are eager to receive their third federal stimulus check: More payments will land on March 24.
The tax agency didn't say how many payments it plans to issue on Wednesday. Last week, the IRS deposited about 90 million checks via direct deposit and mailed another 150,000 checks to people for whom it didn't have banking information. Earlier this month, IRS and Treasury officials said they planned to send about 100 million payments within the first 10 days of distribution for the third round of stimulus payments, which were authorized under the $1.9 trillion American Rescue Plan.
The latest round of checks will provide relief to millions of people who continue to struggle with income losses a year after the coronavirus pandemic shuttered the U.S. economy. Some people, including those on Social Security or disability, have expressed concern to CBS MoneyWatch that they haven't yet received their stimulus payments, which amount to $1,400 for each eligible adult and dependent.
The IRS said it is "working directly" with the Social Security Administration, Railroad Retirement Board and Veterans Administration to get updated information for people who receive benefits from those agencies, but it didn't provide details on when the payments might arrive.
Read more: https://www.cbsnews.com/news/stimulus-checks-march-24-payments-irs/
2naSalit
(86,515 posts)Good to know. Mine hasn't arrived yet, the last few came rather early. They must have changed some protocols or something, I don't mind waiting, I can manage better than most right now so I'd rather struggling families get theirs first.
PatSeg
(47,370 posts)Then I realized the last two came within a couple days of my Social Security payment.
Butterflylady
(3,541 posts)RussBLib
(9,006 posts)Same day I will get my next SSA check.
ariadne0614
(1,710 posts)They must have gotten my bank info from SSA, because I didn't provide it to the IRS. During the dark reign of the other guy, the first two payments eventually arrived as clunky checks.
getagrip_already
(14,697 posts)There are a lot of scams out there where thieves are redirecting checks to their accounts. The govt doesn't cross share acct info easily.
ariadne0614
(1,710 posts)bucolic_frolic
(43,123 posts)If they missed the second payment, why be optimistic about the 3rd?
CountAllVotes
(20,868 posts)The last time around I received a debit card which I hooked up to my checking acct. and I transferred all of it to said account.
That is where it went this time.
It makes me think that the reason it worked this way is because that is how I used the debit card the last time and hence, that is how the IRS got my checking acct. number.
Anyway, glad to see it there this a.m.!
Thank you President Biden!
& recommend.
dalton99a
(81,433 posts)Mollyann
(108 posts)Showed up in account today. I guess we will get the remaining $1200 when we file taxes.
Corgigal
(9,291 posts)Gonna play my happy & lucky tune. Hope it helps others.
C Moon
(12,212 posts)I wish it would have been direct deposit, but whatever works best for them.
electric_blue68
(14,862 posts)Got previous two as direct deposit