Check Your Bank Accounts: Americans Can Start Receiving Coronavirus Relief Checks Today

By Emily Jacobs (NY POST)

Millions of Americans should receive their $1,200relief payments beginning Thursday, as the first wave of payouts for citizens impacted by coronavirus begins.

US President Donald Trump speaks during a press conference on the COVID-19, coronavirus, outbreak at the White House in Washington, DC on February 29, 2020. – The number of novel coronavirus cases in the world rose to 85,919, including 2,941 deaths, across 61 countries and territories by 1700 GMT on Saturday, according to a report gathered by AFP from official sources. (Photo by Roberto SCHMIDT / AFP) (Photo by ROBERTO SCHMIDT/AFP via Getty Images)

The first group of recipients, estimated to be around 50 million Americans, will receive their money as early as April 9 to April 14, according to an internal IRS plan obtained by the Washington Post.

The date varies based on individuals’ method of filing their taxes, as those who file electronically can have payments distributed quickly. Eight in 10 Americans have signed up for direct deposit payments for their last tax refunds, the outlet reported.

The IRS must print and mail paper checks to Americans who did not sign up to electronically file their taxes, and expect those individuals to start receiving their checks after April 24, when about $30 million in paper checks are scheduled to be mailed out.

Treasury Secretary Steven Mnuchin vowed late last week that Americans who had already given the IRS their bank account information would receive their relief funds “within two weeks.”

“Social Security, you’ll get it very quickly after [the first round of payouts]. If we don’t have your information, you’ll have a simple web portal, we’ll upload it. If we don’t have that, we’ll send you checks in the mail,” he said.

The money will all come from the $2.2 trillion coronavirus stimulus package, which aims to help individuals and small businesses with the strugglescaused by the pandemic.

An estimated 145 million Americans are expected to qualify for economic relief.

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