Act by Wednesday for chance to get quicker Economic Impact Payment; timeline for payments continues to accelerate
irs.gov/newsroom/act-by-wednesday-for-chance-to-get-quicker-economic-impact-payment-timeline-for-payments-continues-to-accelerate
IR-2020-92, May 8, 2020
IR-2020-92, May 8, 2020
WASHINGTON – With a variety of steps underway to speed Economic Impact Payments, the Treasury Department and the Internal Revenue Service urged people to use Get My Payment by noon Wednesday, May 13, for a chance to get a quicker delivery.
The IRS, working in partnership with Treasury Department and the Bureau of Fiscal Services (BFS), continues to accelerate work to get Economic Impact Payments to even more people as soon as possible. Approximately 130 million individuals have already received payments worth more than $200 billion in the program's first four weeks.
Starting later this month, the number of paper checks being delivered to taxpayers will sharply increase. For many taxpayers, the last chance to obtain a direct deposit of their Economic Impact Payment rather than receive a paper check is coming soon. People should visit Get My Payment on IRS.gov by noon Wednesday, May 13, to check on their payment status and, when available, provide their direct deposit information.
"We're working hard to get more payments quickly to taxpayers," said IRS Commissioner Chuck Rettig. "We want people to visit Get My Payment before the noon Wednesday deadline so they can provide their direct deposit information. Time is running out for a chance to get these payments several weeks earlier through direct deposit."
After noon Wednesday, the IRS will begin preparing millions of files to send to BFS for paper checks that will begin arriving through late May and into June. Taxpayers who use Get My Payment before that cut-off can still take advantage of entering direct deposit information.
How Get My Payment works
The Get My Payment tool provides eligible taxpayers with a projected Economic Impact Payment deposit date. The information is updated once daily, usually overnight. There is no need to check more than once a day. Taxpayers who did not choose direct deposit on their last tax return can use this tool to input bank account information to receive their payment by direct deposit, expediting receipt.
Non-Filers portal remains available
For those not required to file a federal tax return, the Non-Filers: Enter Payment Info Here tool helps them submit basic information to receive an Economic Impact Payment quickly to their bank account. Developed in partnership between the IRS and the Free File Alliance, this tool provides a free and easy option for those who don't receive Social Security retirement, survivor or disability benefits (SSDI), Railroad Retirement benefits
...
https://www.youtube.com/watch?v=2NiXGv9H_p0
Setup Free 30-Day Trial Test File
Resource including multiple language text & audio: https://1drv.ms/u/s!Ap8mLpFX7uo9gclOnzJIpnWskVPH9w?e=fCCh8v
Google Classroom: https://classroom.google.com/c/MjIzMjk5NjM3MzYz?cjc=fyhjvio
Class code: fyhjvio
Playlist: https://www.youtube.com/playlist?list=PL60SIT917rv5pnA673_Xz2jcVY8PW3FUy
QuickBooks Online 2021
...
https://www.youtube.com/watch?v=GD-UlkCmQjg
Other Adjustments to Income
Tax Preparation 2023-2024
Playlist: https://www.youtube.com/playlist?list=PL60SIT917rv5z5yILFZbmY3xGO-B6sCKQ
Quizlet Course: https://quizlet.com/join/ryFQgpkBD
...
https://www.youtube.com/watch?v=Vkn1ocMVgVQ