The Washington Post reports the IRS said eligible taxpayers who are still waiting on their stimulus payments have until 12 p.m. Wednesday, May 13, to use the “Get My Payment” portal to input direct deposit information to avoid having to wait for a check in the mail.
If people miss the deadline or can’t access the “Get My Payment” online tool, which has been plagued by glitches, they may be waiting until June or later to receive their economic impact payment in the mail.
I read somewhere that folks who received their $1200 but didn’t receive the $500 for their children will have to wait until next year to get the children portion of stimulus money. There’s no getting around that.
I like how the Washington Post compares the stimulus payment scenarios like lines at the supermarket…
- People who got their payments already were in the “15 items or less” line. They had a return on file with the IRS and — this is key — had a refund due to them in 2018 or 2019.
- Then there are the other lines. Some appear long, but the cashier gets people through fairly quickly.
- Most frustrating is the line with the chatty cashier. It looks short, but it takes super long — that’s people getting Social Security, survivor, disability, Supplemental Security Income, Railroad Retirement, or veterans compensation and pension benefits. You would think this line would go quicker because their information is already on file at a government agency or department. But it’s not at the IRS. So the IRS had to get information from the Social Security Administration or Department of Veterans Affairs, transfer that information to its system, and then start making payments.