The IRS reported that it has been reviewing, validating and testing payment records since it received them from the Social Security administration In the past week
Photo: shutterstock
After a delay in the issuance of checks to about 30 million recipients of Social Security and other government programs, the IRS announced that on April 7, they will finally receive their stimulus payments of $ 1, 400.
In a statement, the IRS and the Treasury Department stated that “ anticipate that payments will begin to be issued this weekend to Social Security beneficiaries and other federal beneficiaries who do not file a tax return. ”
In addition, reported that the projection states that “ most of these payments will be sent electronically and will be received on April 7 ”.
The IRS has already issued 80 million payments, with a value of billion dollars. Most of those payments were issued a week after President Joe Biden signed the $ 1.9 trillion stimulus package.
The delay was due to the fact that the Social Security administration only provided the payment information for 30 millions of beneficiaries to the IRS , two weeks after Biden signed the bill.
Some Social Security recipients told MoneyWatch they were waiting for payments, noted that the delay is causing them financial problems . Some said they felt left out because others received their payments within days, while they were still waiting.
For its part, the IRS reported that it has been reviewing, validating and testing the payment records since you received them from the Social Security administration last week.
The federal agency detailed that if no additional problems arise, expects to complete the process and begin targeting payment files by the end of this week .
“Since most of these payments will be disbursed electronically, through direct deposits and payments to existing Direct Express cards, they will be received on the official payment date of April 7 ”.
Also it may interest you: How bad is it for your stimulus check that the IRS is behind on your tax refunds