Tax & Current Accounting Topics

IRS News Tools to help people get their Economic Impact Payment


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IRS News Tools to help people get their Economic Impact Payment 

https://www.irs.gov/newsroom/tools-to...

https://accountinginstruction.info

COVID Tax Tip 2020-48, April 30, 2020  The IRS has two tools to help millions of taxpayers with their Economic Impact Payment. The payments are $1,200 per eligible person and up to $500 for each qualifying child.  The first tool, Non-Filers: Enter Payment Info Here is available – in English and Spanish - for certain taxpayers who don't normally need to file a return. This free tool allows them to enter basic information so the IRS can issue their payment. The second tool, Get My Payment allows people to check the status of their payment and provide bank account information if a payment has not been scheduled for delivery.

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Tax & Current Accounting TopicsBy Robert (Bob) Steele