COVID-19 Stimulus Check: Eligibility, Check Status, and Entering Bank Info
- The Internal Revenue Service (IRS) has started sending out COVID-19 stimulus checks.
- The stimulus check is to help relieve some of the financial hardship caused by the pandemic.
- Although more than tens of millions of checks are releasing over the next few months, many Americans are still unsure if they are going to receive a relief check at all.
The Internal Revenue Service (IRS) has started sending out COVID-19 stimulus checks, also known as the Economic Impact Payment, via direct deposit to millions of Americans. The stimulus check is to help relieve some of the financial hardship caused by the pandemic. However, not everyone has received their money, but don't panic.
Although more than tens of millions of checks are releasing over the next few months, many Americans are still unsure if they are going to receive a relief check at all. Here's an in-depth chart that will give you a clear view on if you qualify for the stimulus check:
Below are the stimulus check chart.
Stimulus Checks: Individuals
Photo Credit: CNN
Stimulus Check: Married Couples
Photo Credit: CNN
Stimulus Checks: Individuals/Married Couples with a Child (or children)
Photo Credit: CNN
*For the stimulus checks per child, it's important to note that for one child,
a single parent who makes $109,000 per year will get $0, and for one
child, married parents who are making $208,000 per year will get $0.
How can I check on the status of my stimulus check?
Millions of Americans will be getting a check via direct deposit if they have their bank account information on file from when they filed their taxes in either 2018 or 2019. Those who do not have their bank account on file with the IRS will receive a payment in the form of a paper check.
If you would like to update your bank account information or check on the status of your Economic Impact Payment, click here.