This new tool on the IRS website can help you get your stimulus check faster.
Here’s what you need to know.
The IRS launched a new online tool that helps those who don’t regularly file a tax return to get their stimulus check faster. This may include individuals who aren’t required to file a federal tax return or who earn below a certain annual income threshold such as $12,200 for individuals and $24,400 for married couples. Here’s how to access the tool, which is free to use:
- Go to IRS.gov, which is the official website of the Internal Revenue Service (IRS).
- Access the link that says: “Non-Filers: Enter Payment Info Here.”
- You will be taken to Free File Fillable Forms, which a safe and secure IRS partner website.
- Create an account with an email address and phone number.
- Add your filing information (Single or Married filing jointly)
- Add your personal information, including a valid Social Security Number
- Check the box if someone can claim you or your spouse as a dependent.
- If you want to be paid electronically, enter your bank information. Otherwise, you will receive a paper check in the mail.
- You will be asked to verify your information with a driver’s license or state identification. If you don’t have either, you can leave this section blank.
- Free Fillable Forms will send you an email confirmation that you’re all set, or whether you need to correct any errors. Once completed, Free Fillable Forms will file a Form 1040 and submit it to the IRS for you.
- Your payment will be sent to you.
Who should use this new IRS tool?
- You’re not required to file a federal income tax return in 2019, and you don’t plan to file one.
- You earned gross income less than $12,200 (or $24,400 for married couples) in 2019.
Who will automatically get a stimulus check?
The following will receive a stimulus check (also known as an Economic Impact Payment) automatically:
- You are a U.S. citizen or permanent resident who filed federal income taxes for 2018 or 2019 if you meet the income thresholds;
- You receive Social Security retirement, disability (SSDI), or survivor benefits; or
- You receive Railroad Retirement benefits.
Can I just enter my direct deposit information?
If you just want to enter your direct deposit information, the IRS is releasing a second tool called “Get My Payment” by April 17. That tool will enable you to enter you direct deposit information so you can receive your stimulus check electronically in your bank account, if you haven’t already provided your bank information on your 2018 or 2019 federal tax return.
When will I get my stimulus check?
Stimulus checks started going out on April 9, 2020. If you filed your income taxes in 2018 or 2019 and provided your direct deposit information to the IRS, your stimulus check could be sent today. Estimated arrival time in your bank account could be on or before April 14, 2020.
The IRS will start sending paper stimulus checks to taxpayers with the lowest annual adjusted gross income first for taxpayers who filed taxes:
April 24: less than $10,000
May 1: $10,001 – $20,000
May 8: $20,001 and $30,000.
May – September: in order from lowest income to highest income based on 2018 or 2019 tax information.
September 4: any remaining checks, such as to married couples making $198,000 (the maximum joint income that is eligible to receive a stimulus check).
September 11: checks to those who didn’t provide contact information to the IRS.
Stimulus Checks: Popular Questions
How much money can I get?
Married Couples: $2,400
Dependent Children: $500 (must be less than 17-years-old)
What are the income thresholds?
There is no minimum adjusted gross income threshold. However, the stimulus check amount phases out by $5 for every $100 above certain income levels based on your tax filing status:
- Single Filer: $75,000
- Head of Household: $112,500
- Married/Joint Filer: $150,000
At what income level will I not qualify for a stimulus check?
- Single Filer: > $99,000
- Joint Filer (no children): > $198,000