Treasury: 80 million people to get stimulus payments this week

Transcript

On Monday the Treasury Department said 80 million people will get their stimulus payments via direct deposit this week.

So how could you be in that lucky group?

If you’ve already filed your 2018 or 2019 tax returns and authorized direct deposit, you’re most likely to see the money dropped into your account soon.

Treasury officials say most eligible Americans will receive their payments within the next two weeks.

People who don’t file tax returns can enter their information on the Internal Revenue Service’s website.

Taxpayers who do file but don’t use direct deposit will be able to enter their bank information later this week.

Everyone else will have to wait for paper checks which will take considerably longer.

The payments are part of the $2.2 trillion economic relief package passed by Congress in March.

Posted – 4.14.20