Stimulus Checks

Facts About Stimulus Checks

• Distribution begins on April 9th for those with federal tax direct deposit.
• The second wave of distribution will be paid out the week of April 20th.
• The third, and final round will take place through May, and possibly longer, for mailed checks.
• For quickest payment, file taxes using direct deposit.
• Tax filers with adjusted gross income up to $75,000 a person, $150,000 a couple (for joint filers) will get full amount of $1200 a person, $2400 a couple, and $500 per qualifying child.
• The amount is reduced $5 for each $100 above the $75,000/$150,000 thresholds.
• If you have filed in 2018 or 2019, no action is needed. Payments will be direct deposited into the account noted on your returns.
• If you have not filed a tax return in 2018 or 2019, file a simple tax return to receive the payment.
• If you did not use direct deposit, check IRS.gov/coronavirus for upcoming instructions on how to receive your check.
• Do not rely on other websites! Scammers are working overtime.

Update:

What to Do With Your Stimulus Check

Pay your bills!

• Debts are deferred, not eliminated.
• Even though most areas have closed courts, evictions will be filed at the end of this pandemic.
• Utility companies will shut off utilities for non-payment.
• Banks will foreclose if mortgages are not paid.

Don't be caught with months of bills! Use your stimulus check to pay what you can now.