By Dana Davis
Impact payments on the way
Economic impact payments from IRS have started being disbursed
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April 22, 2020
The US Government has started issuing Economic Impact Payments to help people with the financial impact of the COVID-19 pandemic. Eligible taxpayers who filed tax returns for either 2019 or 2018 will automatically receive an economic impact payment of up to $1,200 for individuals or $2,400 for married couples and up to $500 for each qualifying child.
For those who normally do not have to file taxes, the IRS has launched a new online tool to help people receive their payment. The tool is available at irs.gov/coronavirus/non-filers-enter-payment-info-here. There is no cost to use this website...
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