When will I receive this money? How will the payment be delivered? No action is required to receive a payment.Payment eligibility will be based on the income information on file on your 2019 tax return.Social Security, railroad retirement, and veterans benefit recipients are also eligible for payments based on the information on file with the IRS for their 2019 tax return.Social Security, Railroad Retirement, Veterans Benefit Recipients
Heads of household making with incomes exceeding the threshold may still be eligible for a reduced payment. Head of Household will receive an additional $600 per child.People who file as “head of household” making less than $112,500 in income can receive a $600 check.Couples will also receive an additional $600 per child.Married couples making under $150,000 per year and filing a joint return are eligible to receive a $1,200 check.Adults with incomes exceeding the threshold may still be eligible for a reduced payment.Adults will receive an additional $600 per child.Adults with incomes up to $75,000 will receive $600.Use the IRS Get My Payment tool to check the status of your payment, including the date and method of payment. HOPE wants to help members manage this process by providing key information. The IRS and the Treasury Department has begun sending the second round of Economic Impact Payments to help Americans manage the ongoing financial challenges created by the COVID-19 pandemic. Contact Us to Register January 2021 Stimulus Checks: What You Need to Know
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