Irs stimulus payment schedule - Where's my stimulus payments

Stimulus Payment

Like millions of other people in America, you filed an extension before last April 15th so that you could have until October 15th to file your taxes. Well, that day has passed, you’ve filed your tax return, and now you wonder where your stimulus payment is, because everyone else has already received theirs.

Good news- your stimulus payment is probably on its way. From the time that you mail or e-file your return, it can take up to a week for the Internal Revenue Service to process your return and determine your eligibility for a stimulus payment. From there, it can take anywhere from six to eight weeks to receive your check. In most cases, if you e-file your return, your refund or stimulus payment will arrive a lot faster.

As we all know, the IRS has a reputation for not being very taxpayer-friendly. In most instances, the complaints are justified, but in this instance, they’re not. Simply inputting some basic information will allow you to determine the status of your stimulus payment. To do this, visit the IRS website (which can be found at IRS.gov). On that page, there is a link marked “Economic Stimulus Payment Information Center”. Click on it, and on the next page, click on the link that is marked “Where’s My Stimulus?”.

Here’s where you will need to input your information, such as your Social Security number, filing status, and number of exemptions. If you need to, you can refer to your tax return documents. The IRS will provide you with a statement that tells you how much you claimed, and how much you will actually get. There’s usually a difference between the two amounts, because of taxes owed or from late payment and filing penalties.

It’s essential that you keep your address up to date with the IRS. Of course, Uncle Sam wants to know where you live, and the IRS needs to know where to send the check because they don’t forward the stimulus payment checks. The stimulus payment was meant to breathe life back into the economy, and it was also meant to encourage people to start spending money again. Time will tell if the stimulus program is truly effective.