Economic Impact Payments (EIP) were distributed to millions of taxpayers impacted by the coronavirus outbreak. The measure has been a success, but there is a small thing you must make sure to do when you receive your payment: Don’t forget to keep Notice 1444.
Economic Impact Payments(EIP) are being distributed to millions of taxpayers impacted by the coronavirus outbreak. The measure has been a success, but there is a small thing you must make sure to do when you receive your payment: Don’t forget to keep notice 1444. The IRS mails this notice to each recipient’s last known address…
Economic Impact Payments are a stimulus rolled out by the Internal Revenue Service (IRS) to offer financial relief to those affected by the coronavirus outbreak. Eligible taxpayers may get up to $1,200 for individuals, and up to $2,400 for those married filing jointly. Additionally, they may receive $500 for every qualifying child (you can use…
The Internal Revenue Service (IRS) has announced that nearly four million taxpayers will receive their Economic Impact Payment by Prepaid Debit Card. This method can be very convenient. But what happens if people misplace or lose their card? Follow These Steps If you receive your Economic Impact Payment by prepaid debit card and you misplace…
Nearly four million people will receive their Economic Impact Payment by prepaid debit card instead of paper check, according to the Internal Revenue Service. The determination of which taxpayers will receive their payment by prepaid card was made by the Bureau of the Fiscal Service, a part of the Treasury Department that works with the…
Economic Impact Payments are already hitting the accounts of many taxpayers. But many others are puzzled to read the message “Status Not Available” on the IRS’ Get My Payment tool. Why does this happen? These are some of the reasons why you get this message, depending on whether or not you are required to file…