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Why Didn’t You Receive Full IRS Coronavirus Stimulus Payment?
Some Americans may have received a payment amount different than what they expected. Payment amounts vary based on income, filing status and family size.
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Still Waiting on Your IRS Coronavirus Stimulus Payment? Here’s Some Help
Are you still waiting for your stimulus payment due to a recent address change or no or outdated direct deposit information on file with the IRS? You may have to wait a little longer.
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Some IRS Coronavirus Stimulus Payments Are Still Being Delayed
Are you still waiting for your stimulus payment due to a recent address change or no or outdated direct deposit information on file with the IRS? You may have to wait a little longer.
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21 Million Taxpayers Delayed Filing Past April 15
As of April 17, 2020, the IRS reported that 115,961,000 individuals had filed their 2019 tax returns, compared to 137,233,000 returns filed for 2018 by April 19, 2019. That is 21,272,000 less— a drop-off of 15.5%.
![Coronavirus Checks Payments Stimulus](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2020/04/Coronavirus_Checks_Payments_Stimulus.5e9b8076a99d8.png)
Where’s My Coronavirus Stimulus Check? Here’s How to Track It
“Get My Payment” will show the projected date for when a deposit is scheduled, similar to the “Where’s My Refund” tool many taxpayers have previously used.
![Coronavirus Checks Payments Stimulus](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2020/04/Coronavirus_Checks_Payments_Stimulus.5e9a14c77f344.png)
VA Benefits Recipients Will Receive Coronavirus Stimulus Payments, No Action Required
Veterans and their beneficiaries who receive Compensation and Pension (C&P) benefit payments from VA will receive a $1,200 Economic Impact Payment with no further action needed on their part. Timing on the payments is still being determined.
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IRS Offers Guidance on Paid Sick Leave and Family Leave During Coronavirus
The FFCRA covers the costs of this paid leave by providing small businesses with refundable tax credits. Certain self-employed individuals in similar circumstances are entitled to similar credits.
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SSI Recipients will Receive Automatic Coronavirus Stimulus Check, No Action Needed, Says IRS
SSI recipients will receive a $1,200 Economic Impact Payment with no further action needed on their part. The IRS projects the payments for this group will go out no later than early May.