Tax & Current Accounting Topics

IRS News - Most Economic Impact Payments are being sent automatically


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Most Economic Impact Payments are being sent automatically 

https://www.irs.gov/newsroom/most-eco...

https://accountinginstruction.info/

The IRS is sending Economic Impact Payments to eligible individuals. Many taxpayers may be wondering how to get their payment as soon as possible. Most of them don't have to do anything.  Most payments will be sent automatically. Taxpayers who have filed their 2019 tax return and requested direct deposit of their refund, the IRS will use this information to calculate and send their payment. Those who didn't provide direct deposit information or owed tax, can use the Get My Payment application to provide account information or a payment will be mailed. For those who haven't filed their 2019 return, the IRS will use their 2018 tax return to figure and send the payment.

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Tax & Current Accounting TopicsBy Robert (Bob) Steele