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mfcorey1

(11,001 posts)
Sat Apr 11, 2020, 10:42 AM Apr 2020

STIMULUS CHECKS FOR UP TO $4,700 BEGIN ARRIVING IN BANK ACCOUNTS

Americans eligible for the coronavirus economic stimulus package have started seeing payments arrive in their accounts. The one-time payment from the U.S. Treasury looks to help ease the pressure from the huge economic downturn as a result of the coronavirus outbreak.

Stuart Sopp, chief executive officer of mobile banking startup Current, told The Wall Street Journal that "a bunch of the first wave" of payments from the Coronavirus Aid Relief and Economic Security (CARES) Act have started to appear in their customer's accounts.

Sopp said Current's data indicates that around 40 percent of the deposits so far were for $1,200, although some are as high as $4,700 depending on household specifics and other factors.

Those eligible for the payments received a minimum of $1,200 if they earn less than $75,000. Married couples filing jointly who earn up to $150,000 can receive a joint payment of $2,400, with additional payments of up to $500 available to those who live with children under the age of 18.

https://www.newsweek.com/coronavirus-stimulus-payments-1200-check-1497401

21 replies = new reply since forum marked as read
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STIMULUS CHECKS FOR UP TO $4,700 BEGIN ARRIVING IN BANK ACCOUNTS (Original Post) mfcorey1 Apr 2020 OP
Anybody here gotten there's? bearsfootball516 Apr 2020 #1
Deposits usually show up on a Wednesday. Or so I'm told. Keep checking Lochloosa Apr 2020 #2
Not yet. I get a text for any transaction over $500...nt Wounded Bear Apr 2020 #3
No easter bunny for you.... Historic NY Apr 2020 #10
Got mine (yesterday, looks like) durablend Apr 2020 #4
I heard people with lowest AGI will get them first. If one is closer to $99k then last in queue. at140 Apr 2020 #12
Yes, my $1200 is showing up in my account, but won't be able to use book_worm Apr 2020 #5
That's weird durablend Apr 2020 #6
Same here. Mine will be available tomorrow. nt Kahuna Apr 2020 #13
Probably depends on individual bank's policy on deposits. at140 Apr 2020 #14
Not there yet Matthew28 Apr 2020 #7
+1. I was wondering if SSDI recipients were getting it yet n/t Victor_c3 Apr 2020 #17
The guy who delivered my mulch this AM got his yesterday zeusdogmom Apr 2020 #8
Nothing here yet. Got tax refund quickly a couple months ago Roland99 Apr 2020 #9
Your AGI must be on the higher side, you go to back of line LOL at140 Apr 2020 #15
Well, it's married filing joint. Well under the max allowed there Roland99 Apr 2020 #16
Who knows what sequence IRS is using to make deposits.. at140 Apr 2020 #18
As long as I get it within a month Roland99 Apr 2020 #20
Hurry up, I'll have land tax penalties at month's end. panader0 Apr 2020 #11
Just checked and it's a big nothing so far. Vinca Apr 2020 #19
Still nothing for my mom or me mvd Apr 2020 #21

durablend

(7,460 posts)
4. Got mine (yesterday, looks like)
Sat Apr 11, 2020, 10:56 AM
Apr 2020

"IRS TREAS 310 TYPE: TAX REF ID: CO: IRS TREAS 310 ACH ECC PPD ACH (trace # redacted)" $1,200.00 April 10, 2020

at140

(6,110 posts)
12. I heard people with lowest AGI will get them first. If one is closer to $99k then last in queue.
Tue Apr 14, 2020, 11:28 AM
Apr 2020

At least that is what I heard Mnuchin saying on TV.

book_worm

(15,951 posts)
5. Yes, my $1200 is showing up in my account, but won't be able to use
Sat Apr 11, 2020, 10:58 AM
Apr 2020

until Wed. So it's sitting there. but at least know it's there.

zeusdogmom

(990 posts)
8. The guy who delivered my mulch this AM got his yesterday
Sat Apr 11, 2020, 11:52 AM
Apr 2020

And he said just in time because his car needs some repair work.

at140

(6,110 posts)
15. Your AGI must be on the higher side, you go to back of line LOL
Tue Apr 14, 2020, 12:14 PM
Apr 2020

If your AGI was $98,999 you would be dead last in line.

at140

(6,110 posts)
18. Who knows what sequence IRS is using to make deposits..
Tue Apr 14, 2020, 01:11 PM
Apr 2020

I would not worry unless there is no deposit by end of Friday.

Roland99

(53,342 posts)
20. As long as I get it within a month
Tue Apr 14, 2020, 01:35 PM
Apr 2020

I start furlough next week so my last paycheck will be May 28 (for a 2-day week)

I'm burning up all the PTO I have banked (4 weeks and 2 days)

mvd

(65,173 posts)
21. Still nothing for my mom or me
Tue Apr 14, 2020, 01:43 PM
Apr 2020

My mom is on SS and I recently filed a return.

My bank yesterday said none at all came in.

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