Many will see $1,400 COVID payments hit bank accounts today

Mar 17, 2021
Tens of millions of taxpayers will get the direct payments Wednesday if the IRS has their direct deposit information.
There was some initial confusion because the IRS said that it began processing payments on Friday. People were online on Monday wondering where their deposits were.
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Some delayed stimulus payments may not arrive until you file 2020 taxes

Jan 7, 2021
If the IRS has out-of-date information for your bank account, you may have to claim the stimulus as a credit on your 2020 taxes.
There’s a glitch in the direct payments system: For some taxpayers, the IRS has out-of-date bank account information.
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Consumer confidence lackluster as the pandemic continues

Dec 23, 2020
Even with the rollout of vaccinations and federal action on a relief package, many consumers are wary about the future.
Even with positive news about vaccinations, most of the news about the economy and COVID-spread has been downbeat lately.
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Trump criticizes COVID relief bill, demands changes

While Trump did not specifically threaten to veto the COVID bill, there's a chance this could delay relief checks.
Trump assailed the bipartisan $900 billion package in a video he tweeted Tuesday night.
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When will people start getting $600 COVID checks?

Dec 22, 2020
Treasury Secretary Steven Mnuchin said payments could start hitting Americans’ bank accounts as early as next week.
Getting checks out to Americans who are already in the IRS’ system should be quick this time around.
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What we know about the latest plan for more COVID relief

Direct payments in the range of $600 and extra unemployment benefits around $300 per week are on the table.
"What we really need in this package is a bridge to when the weather is warmer and the vaccines are disseminated," says Marc Goldwein, senior vice president and senior policy director for the Committee for a Responsible Federal Budget.
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Millions of people may still be eligible to receive one-time pandemic relief checks

Nov 9, 2020
The deadline for filing information with the IRS to get the money is Nov. 21.
People who didn't receive a COVID-19 relief check could still get one.
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Without more relief spending, the recovery's likely to stall

Oct 7, 2020
And that's likely to hurt families who are already stretched to the limit.
President Trump gives a thumbs up upon his return to the White House from Walter Reed National Military Medical Center on Oct. 05. The president said he was ending stimulus talks Tuesday, but later backtracked.
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