(UPDATE) How To Get $1200 Stimulus Check ASAP!

TL;DR

Learn about the latest updates on the $1,200 stimulus checks, including a tracking tool, direct deposit payments, and portals for non-tax filers.

Transcript

so I've been doing my best over the last couple of weeks to give you guys updates related to the $1,200 stimulus checks that many people are receiving as a result of this economic crisis and in this video today we have a couple of updates from news that broke over the weekend surrounding these stimulus checks so I'm going to be doing an update vide... Read More

Key Insights

• 🤙 The IRS is introducing a tracking tool called "Get My Payment" on April 17th to help people monitor their stimulus check payments.
• 📁 Direct deposit payments for the stimulus checks have already begun, but the process is ongoing.
• 😒 Non-tax filers can use an online portal provided by the IRS to provide necessary information for eligibility and direct deposit.
• 💁 It is crucial to provide information only on the official IRS website to avoid stimulus check scams.
• 🚕 Filing your 2019 tax return or filling out the non-tax filer form can help expedite the process of receiving your stimulus check.
• 📞 Updating your address with the IRS is important in case you receive a paper check.
• 🎚️ The IRS plans to send stimulus checks to individuals with the lowest income levels first and gradually to those with higher income levels.

Questions & Answers

Q: What is the purpose of the "Get My Payment" tracking tool?

The "Get My Payment" tool allows individuals to track the status of their stimulus check payment and provides an estimate of when they will receive it.

Q: When did the first wave of direct deposit payments start?

The first wave of direct deposit payments started on Saturday, as confirmed by the IRS. However, not all direct deposit payments have been issued yet.

Q: Who can use the portal for non-tax filers?

The portal is specifically for individuals who do not usually file a tax return and have a gross income in 2019 that did not exceed $12,200 for single filers or $24,400 for married filers.

Q: Should I update my direct deposit information?

Yes, if your direct deposit information has changed or you did not provide it to the IRS, you should update it once the portal for updating direct deposit information becomes available.

Summary & Key Takeaways

• The IRS is releasing a tracking tool called "Get My Payment" on April 17th to help people track their stimulus check payments.

• Direct deposit payments for the stimulus checks have already started, but not all payments have been issued yet.

• The IRS has launched an online portal for non-tax filers to provide basic information for eligibility and direct deposit.