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The Internal Revenue Service is urging people to use Get My Payment on their website by noon Wednesday, May 13, for a chance to get a quicker delivery of the Economic Impact Payments authorized by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act).
According to the IRS, approximately 130 million individuals have already received payments worth more than $200 billion in the program’s first four weeks. Starting later this month, the number of paper checks being delivered to taxpayers will sharply increase.
“For many taxpayers, the last chance to obtain a direct deposit of their Economic Impact Payment rather than receive a paper check is coming soon,” the agency said. “People should visit Get My Payment on IRS.gov by noon Wednesday, May 13, to check on their payment status and, when available, provide their direct deposit information.”
“We’re working hard to get more payments quickly to taxpayers,” said IRS Commissioner Chuck Rettig. “We want people to visit Get My Payment before the noon Wednesday deadline so they can provide their direct deposit information. Time is running out for a chance to get these payments several weeks earlier through direct deposit.”
After noon Wednesday, the IRS will begin preparing millions of files to send to BFS for paper checks that will begin arriving through late May and into June. Taxpayers who use Get My Payment before that cut-off can still take advantage of entering direct deposit information.
How Get My Payment Works
The Get My Payment tool (go to: https://www.irs.gov/coronavirus/get-my-payment) provides eligible taxpayers with a projected Economic Impact Payment deposit date. The information is updated once daily, usually overnight. There is no need to check more than once a day. Taxpayers who did not choose direct deposit on their last tax return can use this tool to input bank account information to receive their payment by direct deposit, expediting receipt.
Non-Filers Portal Remains Available
For those not required to file a federal tax return, the Non-Filers: Enter Payment Info Here tool (go to: https://www.irs.gov/es/coronavirus/non-filers-enter-payment-info-here) helps them submit basic information to receive an Economic Impact Payment quickly to their bank account. This tool provides a free and easy option for those who don’t receive Social Security retirement, survivor or disability benefits (SSDI), Railroad Retirement benefits, Supplemental Security Income (SSI) and VA Compensation and Pension (C&P) benefits. The Non-filers tool is also available in Spanish.
Eligible taxpayers who filed tax returns for 2019 or 2018 will receive the payments automatically. Automatic payments will also be sent to those receiving Social Security retirement, disability benefits, Railroad Retirement benefits, Veterans Affairs benefits or Supplemental Security Income soon.