If you still haven’t received your Economic Impact Payment, time is running out if you want to change the delivery from the slower mail method to the quicker direct deposit. IRS spokesman David Tucker says you need to do it by no later than nine Wednesday morning…
Starting later this month, the IRS says the number of paper checks being delivered will sharply increase. Meanwhile, Tucker says some people have received a payment amount different than what they expected. He says the amounts can vary, based on income, filing status and family size. Some common reasons that may explain a lower number include not having filed a 2019 tax return, or the IRS hasn’t finished processing your return…
Other reasons include claimed dependents are not eligible for an additional 500 dollar payment. They usually must be under 17 years old. The IRS indicates most people should get paper checks between late May and in June.
KNCO Web Comments Guidelines