The Treasury & IRS have unveiled the new online application to help with COVID-19 Economic Impact Payments. Get My Payment allows people to provide direct deposit information and gives an expected payment date.
"Get My Payment will offer people with a quick and easy way to find the status of their payment and, where possible, provide their bank account information if we don't already have it," said IRS Commissioner Chuck Rettig.
He continued ... "Our IRS employees have been working non-stop on the Economic Impact Payments to help taxpayers in need. In addition to successfully generating payments to more than 80 million people, IRS teams throughout the country proudly worked long days and weekends to quickly deliver Get My Payment ahead of schedule."
As of mid-day today, April 15, 2020, more than 6.2 million taxpayers have successfully received their payment status and almost 1.1 million taxpayers have successfully provided banking information, ensuring a direct deposit will be quickly sent. IRS is actively monitoring site volume; if site volume gets too high, users are sent to an online "waiting room" for a brief wait until space becomes available, much like private sector online sites.
The IRS made clear that media reports saying the tool "crashed" are inaccurate.
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