People who included direct deposit information with their 2018 or 2019 tax returns should receive any payment they are due during the week of April 13. That’s about 60 million of us. But the IRS won’t start issuing paper checks until May 4, according to CNN.
Treasury Secretary Stephen Mnuchin announced yesterday that the IRS will soon have a website that allows taxpayers to enter their direct deposit information if they have not already done so.
The stimulus bill directs that $1,200 be paid to single taxpayers who earn $75,000 or less in adjusted gross income, or couples making $150,000 or less, plus $500 per child.