Will You Get a Stimulus Check?

Information About Your Stimulus Check

The CARES ACT authorized the government to pay stimulus checks, called
“Economic Impact Payments” to millions of Americans.  Are you one of them? 

The IRS will use your 2019 tax return to determine how much you are eligible for and how they will send the money.  If you haven’t filed your 2019 tax return yet, they will use your 2018 tax return to determine your eligibility.  If you didn’t file either, they can use a Form SSA-1099 Social Security Benefit Statement or Form RRB-1099 Social Security Equivalent Benefit Statement.

The first checks are going to those who filed their tax returns and opted to get their refunds direct deposited. Those without that information will have to wait for paper checks in the mail.

What if you don’t remember if you put in direct deposit information?  Or whether that information is still accurate?

Use this link to the IRS website tool to get personal information about your Stimulus Check or to update your information.

 Stimulus Tracker (Get My Payment): https://www.irs.gov/coronavirus/get-my-payment

This will only work if you filed a 2018 or 2019 tax return and you will need to know:

  • Your Social Security Number
  • Your Date of Birth
  • Your Street Address
  • Your ZIP or Postal Code

If you moved, you want to use the information from your most recent tax return. If you filed a 2019 tax return, use that information. If you didn’t file a 2019 tax return yet, use the information from your 2018 tax return.

Not everyone is eligible for a stimulus check. If you are a single filer that earns more than $75,000 then your $1,200 payment will be reduced by 5% of the amount over $75,000. If you make more than $99,000 then you won’t be eligible for a check.

Joint filers will get $2,400 if they earn less than $150,000 and that amount drops to zero if they earn more than $198,000. You get an additional $500 for each dependent child, which is also subject to the same 5% reduction rule.