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        <title><![CDATA[IRS gives taxpayers one more day to speed up coronavirus stimulus checks]]></title>
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        <link>https://usagag.com/2020/05/12/irs-gives-taxpayers-one-more-day-to-speed-up-coronavirus-stimulus-checks/</link>
        <lastBuildDate>Tue, 12 May 2020 13:58:00 +0000</lastBuildDate>
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            <media:title type="html">IRS gives taxpayers one more day to speed up coronavirus stimulus checks</media:title>
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        <content:encoded><![CDATA[<p>Americans have just one more day to speed up delivery of their <strong>coronavirus stimulus checks</strong>.</p><p>The Internal Revenue Service set a deadline of noon Wednesday for taxpayers to submit direct-deposit information online to have the money dropped straight into their bank accounts.</p><p>Those who don&#8217;t use the IRS&#8217;s <strong>&#8220;Get My Payment&#8221; tool</strong> to do so will likely have to wait for a paper check instead, according to the agency. The payments total $1,200 for individuals earning up to $75,000.</p><p>&#8220;Time is running out for a chance to get these payments several weeks earlier through direct deposit,&#8221; IRS Commissioner Chuck Rettig said in a Friday statement.</p><p>After the deadline, the IRS will start getting millions of files ready to send to the US Treasury&#8217;s Bureau of Fiscal Services for paper checks that will start arriving from late May into June, the feds said.</p><p>But the IRS warned last month that some taxpayers <strong>won&#8217;t receive their money until September</strong> as the government issues 5 million physical checks a week.</p><p>The IRS delivered more than $200 billion in &#8220;Economic Impact Payments&#8221; to about 130 million people in the program&#8217;s first four weeks, the agency said Friday. The funds were included in the $2.2 trillion stimulus bill Congress passed in March to shore up the US economy during the coronavirus crisis.</p>]]></content:encoded>
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