Impact payments on the way

Economic impact payments from IRS have started being disbursed

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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