Millions of Americans have already received their third stimulus check and as many will arrive in the next few days, if it hasn’t arrived. yours here we have some recommendations
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According to the Internal Revenue Service (IRS) more than 127 millions of people have received their third stimulus payment with which they will face the economic effects caused by the coronavirus.
Many households are already using it to pay bills, health, food, housing and no lack who has had the opportunity to save, invest or even use it in recreational activities.
However ISR has encountered some problems delivering all stimulus checks , but keep working to distribute them as quickly as possible while simultaneously processing the tax returns of 2020.
CNBC Make It site posted that if you haven’t received the t uyo this is what you need to know.
What to do if the payment was sent to the wrong bank account
In the event that the IRS sends the funds to wrong bank accounts (as has already happened in previous payments of the second installment) the funds will be sent back to the agency and then reissued as a paper check or debit card and mailed to the taxpayer address that the agency has on file.
The case of Social Security beneficiaries
About 30 millions of people who receive Social Security benefits were affected by a delay in sending information to the ISR, but the agency should have already received the nec data required to submit payments and announced that will begin receiving their stimulus checks on April 7 .
Monitor your payment
Who has not received their payment can track the status using the tool Get My Payment from the IRS, which is updated once a day .
When reviewing the information, you are likely to encounter one of these messages:
“Payment Status” – Shows the date on which The payment has been processed and informs if you will receive funds by direct deposit or by mail. If the tool says that you are eligible for a payment, but does not show a date, that indicates that the IRS has not yet processed the payment. This does not mean that you will receive one, only that you will get it in a future installment of payments.
“Payment status not available” – Means that the IRS has not determined your eligibility or that you are eligible at all.
“I need more information” – It can indicate two things: that the IRS does not have your account information and your payment has not yet been processed, or that the postal service could not deliver your payment and it was returned to the IRS.
Why the IRS might send the wrong amount
Third stimulus payments will be based on income from 2020 . If you receive a payment before the agency processes last year’s return, but you qualify for more money based on your income of 2020, the agency will complete the stimulus payment sometime this year.
Taxpayers do not have to do anything to get all the money to which they are entitled if they are eligible, except file their returns of 2020.
It is important to consult the tool Get My Payment , where updated information will be displayed when available.
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