A couple questions about the stimulus payments

[mvd]

1. If someone is on Social Security and gets it through direct deposit, are the payments coming by Wednesday or sometime in the coming weeks? I have heard both.

2. If I recently submitted a simple tax return (did mine with the free1040taxreturn.com site) with direct deposit information, am I ok or should I still go to the portal that the IRS set up?

Thanks.

[Celerity]

1. You are oki in terms of the direct deposit, and you will get the money as soon as possible

as they will not be able to send it to everyone in just one day. The first batch went out Friday.


https://www.wsj.com/articles/u-s-treasury-starts-sending-individual-stimulus-payments-11586566954

The U.S. Treasury has transferred the first batch of personal stimulus payments to banks late Friday afternoon, according to data from mobile banking service Current.

“We just saw a bunch of the first wave, lots of $1,200 deposits,” said Stuart Sopp, chief executive of the New York startup.

[mvd]

2. So in both of the cases mentioned..

..the payments could arrive by Wednesday? Thanks again. Stay safe and have a good night.

[Celerity]

3. The payments go out in batches, and the batches have started, but there is zero guarantee you will

get it by Wednesday. You may well get it, but that is not a sure thing.

good luck!

[mvd]

4. Ok again appreciate it

The tax site I listed above said the IRS has accepted my return. So guess no need to go to the portal. Could have skipped that tax return step if I knew, however.

[Celerity]

5. as long as you put your banking info on the return you are fine, otherwise you need to wait a couple

days until the new portal opens up for adding your banking info

here is my OP on that


App to ease direct deposit of stimulus checks will launch next week, US officials say

https://www.democraticunderground.com/100213271784

[progree]

6. There are all kinds of stuff on Internet message boards, and many articles out there that

are old, outdated, and incorrect that get posted here, there, and everywhere.

The IRS is the agency tasked with the task of getting the stimulus deposits/checks out. Their information is at:

https://www.irs.gov/coronavirus/economic-impact-payments

everything else out there is at best, second hand.

[Beartracks]

7. "tasked with the task"

The redundancy branch of the grammar police could cite you for that one.



=======

[progree]

8. LOL. Yes, I noticed it the first time I used it, and thought, oops, gotta fix that,

but then I decided I sort of kind of, you know, liked how it sounds.

[PoindexterOglethorpe]

9. My understanding is that those with the lowest incomes will get the money first.

I will need to remember to post on here when I get my deposit.

I don't have a lot of income, but I do file every year, so I'm a decent test case.

[progree]

10. Aren't you from New MEXICO? Consider yourself lucky to get any deposit/check/whatever at all

And even if the Trump appointees managing this know that New MEXICO is a U.S. state, they might know that it's a BLUE state, at least as far as recent presidential elections. And with a DIVERSE MULTICULTURAL (i.e. not a "real American" ) population.

[PoindexterOglethorpe]

11. Yes, I am in NEW MEXICO!

I have not myself had a personal experience of someone thinking I'm in Mexico, the country, not New Mexico the state, but I would not be very tolerant or easy going about that if it happened to me.

back at ya!

[progree]

12. I remember this map ...

https://www.rawstory.com/2019/10/we-lost-new-mexico-to-mexico-internet-breaks-into-hysterics-over-trump-wanting-to-build-border-wall-on-colorado/

‘We lost New Mexico to Mexico’: Internet breaks into hysterics over Trump wanting to build border wall on Colorado", Raw Story, October 23, 2019

The president of the United States indicated he accidentally forgot where the state of Colorado was during his speech to an energy conference of fracking companies Wednesday.

Trump told the audience he was building a “wall” in Colorado, which is the state just north of New Mexico. If Trump was referring to his U.S.-Mexico border wall, it’s the southern New Mexico border on which he intends to build the wall.

so one never knows for sure

Hopefully they use the correct map for the stimulus payments.

[PoindexterOglethorpe]

13. We can only hope.

The state magazine has a back page column that goes by "One of Our Fifty is Missing" in which people relate tales of how other people think that New Mexico is Mexico.

The stories are both amusing and frustrating. I have never run into that myself, but I would not be very nice to someone who hasn't a clue that this is one of our fifty.

[customerserviceguy]

14. From what I've read

If a person is in situation #1, the direct deposits to the bank accounts used for Social Security will go out "in the near future." Yes, vague as hell, but I would imagine that they have to use the list of SS recipients and compare with the list of people who have already gotten a direct deposit because of filing a tax return with banking information on it.

As for situation #2, it may take some time for a very recently filed return's banking information to get into the database. I would presume that you'd get your payment by Memorial Day. I know, that's a bit pessimistic, but when you're dealing with something that really has never been done before, it's wise to use caution in estimating a timeline.