Are stimulus checks coming in mail
The stimulus checks!
As of now, the IRS has already started sending out the second round of Economic Impact Payments (EIPs), also known as stimulus checks, to eligible individuals and families. The checks are being mailed to addresses on file with the IRS.
Here are some key details to keep in mind:
- Who's eligible: The stimulus checks are for individuals with an adjusted gross income (AGI) of $75,000 or less, and couples with an AGI of $150,000 or less. You can check your eligibility on the IRS website.
- How much you'll receive: The amount of the stimulus check is based on your income and filing status. For single filers, the amount is $600, and for joint filers, it's $1,200. You'll also receive an additional $600 per dependent child under 17.
- When to expect your check: The IRS started sending out the checks on December 29, 2020, and will continue to do so throughout January and February 2021. The timing of your check depends on when you filed your 2020 tax return and whether you received the first stimulus check.
- How to track your check: You can use the IRS's "Get My Payment" tool on their website to track the status of your stimulus check. You'll need to provide your Social Security number, date of birth, and zip code to access the tool.
- Alternative payment methods: If you don't receive a physical check, you might receive a direct deposit into your bank account or a prepaid debit card.
Remember to keep an eye on your mailbox and check your bank account regularly to ensure you receive your stimulus check. If you have any issues or concerns, you can contact the IRS at 1-800-829-1040 or visit their website for more information.