That’s When You Get Your Check for Coronavirus

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We now know when you can expect to receive coronavirus benefits.

Direct investment will begin on April 9, a week earlier than Treasury Secretary Stephen Mnuchin had previously anticipated.

If you don’t have a direct deposit on file, an online portal will appear where you can add your information. The IRS hasn’t configured this yet, but once it does, you should be able to access it here .

If you do not provide direct deposit information, you may have to wait a while for payment. We’ve listed the full payment schedule below, so keep reading.

A Treasury spokesman told The Hill on Thursday that 50 million to 70 million people will receive their payments directly by April 15, and “most” eligible Americans will receive their payments within the next three weeks.

Summary of how much money you will get:

  • If your Adjusted Gross Income (AGI) was less than $ 75,000 on your last tax return, you will receive $ 1,200.
  • If you submitted a joint application and your AGI is less than $ 150,000, you will receive $ 2,400.
  • If you applied as head of household and have an AGI of less than $ 112,500, you will receive $ 1,200.
  • For every dependent aged 16 and under in your household, you will receive $ 500. If you have adult dependents or college students, you will not get paid for them.
  • If your last AGI was between $ 75,000 and $ 99,000, you will receive less than $ 1,200, but still get paid. The same can be said for joint applicants with AGIs between $ 150,000 and $ 198,000 and heads of households with AGIs between $ 112,500 and $ 146,500 – you get less than full pay, but you get something. You can use a reverse relief calculator like this one to find out how much.
  • If you have an AGI over $ 99,000 (single people), $ 198,000 (joint applicants), or $ 146,500 (head of household), you won’t get anything.

Here is the timetable for when the paper checks will be mailed, according to a note received by the Washington Post on Thursday. In terms of income it goes:

  • If you earned less than $ 20,000: May 1st.
  • $ 30,000: May 8
  • $ 40,000: May 15
  • $ 50,000: May 22
  • $ 60,000: May 29
  • $ 70,000: June 5
  • $ 80,000: June 12
  • $ 90,000: June 19
  • $ 100,000: June 26
  • $ 110,000: July 3rd
  • $ 120,000: July 10
  • $ 130,000: July 17
  • $ 140,000: July 24
  • $ 150,000: July 31
  • $ 160,000: August 7
  • $ 170,000: August 14
  • $ 180,000: August 21
  • $ 190,000: August 28
  • $ 198,000: September 4

You don’t need to do anything to receive your payment if you filed your 2018 or 2019 tax return. If you get Social Security or railroad retirement benefits and usually don’t file your tax return, you have nothing to do. It was previously announced that you will need to file a return, but the Treasury has dropped this requirement ; Instead, the IRS will use your benefit payment information to create your benefit.

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