Stimulus Update: Direct One-Time $3,200 Payments Being Sent Out To Millions Next Month
Those who have not yet submitted their claims for the COVID-19 stimulus payments still have time to do so.
$3,200 Payments Being Sent Out Next Month
People who don’t pay taxes because they have a low or nonexistent income can still apply for the $3,200 stimulus payout by filing a simplified tax return by November 15. The Government Accountability Office found that 9–10 million persons are still eligible but have not yet received their payments due to delays in processing by the IRS and the Treasury Department.
The Internal Revenue Service (IRS) issued three Economic Impact Payments to qualified individuals during the first year of the pandemic; the first payment was worth $1,200 and was issued in April 2020; the second payment was issued in December 2020 and January 2021 and was worth $600, and the third payment was issued in March 2021 and was worth $1,400.
According to the Official Guide to Government Information and Services, all three of the payments were made via direct deposit to a bank account, paper check, or debit card in the mail.
According to the GAO, individuals who qualified for these payments had an annual household income of less than $75,000 or a joint household income of less than $150,000.
@POTUS what about the 2000 dollar stimulus check you promised the American people that you said that you were giving the 1400 dollar stimulus check that was for December and you promised you would add the 2000 dollar stimulus check to the 1400 stimulus check making it 3200
— Joseph Meshell Jr (@meshell_jr) February 8, 2021
It was the 17th of October by which time taxpayers who had not yet received their COVID-19 stimulus funds could submit an application for a check.
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