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IRS Launches “Get My Payment” Tool

You’ve heard all the recent buzz regarding Economic Impact Payments, but are you still wondering when you are going to receive yours?

The IRS has launched its “Get My Payment” tool, which allows taxpayers to check the status of their Economic Impact Payment.

The tool provides information about a taxpayer’s payment status, payment type, and whether the IRS needs more information, such as a bank account and routing number.

To use the tool, taxpayers will need to enter their name, Social Security number, date of birth, and address. If a bank account is not on file, the taxpayer can enter that information after verifying the AGI and refund amount (or amount owed) on his or her most recently filed tax return.

The “Get My Payment” tool can be accessed on the IRS website.

 

Individuals who are not required to file a 2018 or 2019 tax return can also enter their payment information on the IRS website.

Not sure if you are eligible for an Economic Impact Payment? Check out the eligibility requirements here.

As always, feel free to reach out to your Whalen advisor with any questions regarding these payments or anything else.
SOURCES: Thomson Reuters, IRS.gov

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