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Home / Tips and Tricks / The deadline for direct deposits has expired. What it means for your IRS audit now

The deadline for direct deposits has expired. What it means for your IRS audit now



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As of Wednesday, the IRS stopped taking bank information for direct deposit of stimulus checks.


Angela Lang / CNET

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The IRS said it has officially terminated the possibility of setting up a new direct deposit account with the Get My Payment tool starting Wednesday, May 13 at 1 p.m. 9 am (noon ET). If you submitted your bank information for your 2020 financial impact payment to the IRS before the deadline, you are expected to still receive your stimulus payment through direct deposit. So what happens now?

You get your stimulus check by mail

Missing the IRS deadline to set direct deposit does not prevent you from getting the government stimulus check payment of up to $ 1,200 per person, as long as you are eligible to receive on .

The advantage of setting up direct deposit was to get your money faster through electronic transfer to your bank account than through the US Postal Service. Now you need to look for a paper check to get in the mail if the IRS didn't already have your bank information. After Wednesday, the IRS said they intend to increase the number of paper checks it sends, and they should begin arriving in late May and into June, the Revenue Service says. We have reached out to the IRS for clarification.

How can I find out when I get my stimulus check?

There are two ways to do this. You can still use the Get My Payment portal to check the payment status and see a calculated deposit date. See below for more information.

Another way to check is through a free US Postal Service program that can notify you while on the move.





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Will there be a second round of stimulus checks?

While many US residents are still awaiting their first payments, House Democrats on Tuesday proposed legislation for further financial relief, including a second coronavirus assistance check for up to $ 1,200 per person and up to $ 6,000 per family. Here is what we know about the possibility of a second payment round .

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You can still check the tracking for your check through Get My Payment

The IRS updates its information once a day, usually overnight, it said, so you don't have to constantly check the site for an update on your payment schedule. Note that some people still have trouble tracking their payments .

To get started with the Get My Payment portal, you may need your tax return for 2019 if you have filed, as well as your 2018 return. If you receive an error message, see the next section.

1. Go to the IRS & # 39; Get My Payment page and press the blue Get My Payment button to check the status of your financial impact.

2. On the next page for approved use press OK .

3. Enter your Social Security Number (SSN) or Individual Tax ID (ITIN), your date of birth, your street address and your zip code or zip code on the Get My Payment page.

If the IRS has direct deposit information, you will see a page that gives you the status of your payment. If it does not and you are eligible for a check but the IRS does not have your bank information you will get an estimate of when your check will be sent. Note that some CNET readers report that the portal announces that their checks have been sent, but they have not yet received them.

What if I get an error message or the IRS does not tell me my payment status?

If the screen flashes "unknown status", http://www.cnet.com/ "try again later" or another message whose meaning is unclear, here is a list of possible explanations helps you to puzzle out your specific situation. The IRS has not commented, but said it fixed some previous complaints to make the tool easier to use.

While waiting for your check to arrive in the mail, here is how to avoid being cheated . And after you get this, here are some ideas for how to spend your stimulus check . If you are still struggling after getting the check, here is how to get financial help to pay your bills .


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