Coronavirus stimulus checks: When to expect up to $1,200, what you need to do, and more

[Yo_Mama_Been_Loggin]

Many Americans will get government checks up to $1,200 to help them financially weather job loss, reduced work hours, and other money challenges as the country tries to stem the spread of the coronavirus outbreak.

But when taxpayers will receive their checks depends on what banking information the Internal Revenue Service has on file for them and other factors.

Here’s what you need to know.

When will the stimulus check arrive? It depends.

Treasury Secretary Steven Mnuchin said at a White House briefing on Thursday, that those Americans who have signed up for direct deposit will receive their payment within two weeks.

-more-

https://money.yahoo.com/coronavirus-aid-checks-when-to-expect-it-what-you-need-to-do-and-more-134742480.html

[wcmagumba]

1. I'm on SS...

but have filed returns for the last two years because of getting insurance from the ACA. I did not include DD information however, because of owing no taxes or getting any refunds. Hoping the IRS (under drump this is highly questionable) is competent enough to use my social security direct deposit information, otherwise I should still get a check but it is sounding
like it will be weeks away...they should get their "dd portal" going immediately (why can't the morons get help from the big tech companies). Someone even suggested that drumph and munchies really want to delay this payment so they can "change their mind" about sending it out...I know legally not possible but with our exalted leader(s) who knows...they don't really care....

[Bradshaw3]

2. Here's the IRS page with information

https://www.irs.gov/coronavirus

[Croney]

3. My sister swears she got hers today.

For $986. Her reply when I asked about signature:

"It says United States Treasury, signed by Nora Robinson"

[customerserviceguy]

4. Is she sure

that wasn't her tax refund?

[Croney]

5. She owes $3400 on her taxes.

It's a mystery. I guess we'll find out if the Rethugs paid their own (like her) first.

[ProfessorGAC]

6. For A Married Couple To Get $986...

...they would have to have had a 2018 or 2019 AGI of around $170,000.
Do they have that kind of income?
If no, it's not the stimulus check.
My wife & I are getting $900 out of a possible $2,400 due to exceeding the income limit of $150k for married, filing jointly.
The decline rate is mostly linear, but blocky because they're using tiers of income beyond $150k.
That's where my $170k can from.

[Croney]

7. He retired in 2018 from a high-level federal job,

and she retired in 2019 from a mid-level state (Missouri) job, so their income could have been that high if they took distributions. I don't know. I guess it will become clear eventually.

[ProfessorGAC]

8. I Just Checked

Nothing in the account the IRS direct deposits tax refund.
Seems hard to believe checks went out and direct deposits didn't.
I know they're going by Ss#, but still.

[Croney]

10. I agree. But we here are Democrats, and she's not.

I guess I should take off my tin hat.

[ProfessorGAC]

12. The IRS Doesn't Know I'm A Liberal Democrat

And we've got a net worth well into 7 digits.
If they were sending it to likely Rs, we would have gotten the $ too.

[MoonlitKnight]

9. Potential scam

“ Mail the taxpayer a bogus check, perhaps in an odd amount, then tell the taxpayer to call a number or verify information online in order to cash it.”

https://www.irs.gov/newsroom/irs-issues-warning-about-coronavirus-related-scams-watch-out-for-schemes-tied-to-economic-impact-payments

[Croney]

11. I agree, but she went to the bank and they took it.

It's puzzling.