Current Events > It may take 20 weeks for stimulus cash to reach some Americans

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Bestoffuture
04/02/20 9:47:52 PM
#1:


https://www.npr.org/sections/coronavirus-live-updates/2020/04/02/826187693/stimulus-cash-payments-may-take-up-to-20-weeks-to-reach-some-americans

People who do not have direct deposit information on file with the Internal Revenue Service may have to wait up to 20 weeks to receive cash payments included in the $2 trillion coronavirus relief legislation, according to a memo drafted by House Democrats.
This time frame is longer than the estimate that Treasury Secretary Steven Mnuchin gave when he negotiated the program for cash payments with congressional leaders. He acknowledged it would take more time for those who didn't have addresses on file but suggested on Sunday that he expected payments to go out by mid-April.
The IRS is expected to make roughly 60 million direct deposit payments in mid-April, but paper checks will take significantly longer, according to a copy of the memo obtained by NPR. The IRS is expected to begin issuing paper checks about three weeks after the direct deposits are completed and can issue about 5 million checks per week. The timeline is subject to change, the memo states, but the estimates are based on extensive conversations between staff on the House Ways and Means Committee, at the Treasury Department and at the IRS.
The checks will be distributed to people with the lowest adjusted gross income first with the highest earners receiving payments last, according to the memo. The IRS is encouraging people to file their 2019 taxes quickly to ensure that their latest direct deposit and address information is on file. There will eventually be a "portal" to allow taxpayers to find out the status of their rebate and update their direct deposit but that may not be ready until the end of April or early May.
Concerns over the delivery of the cash payments come as Democrats rush to create a system for holding agencies accountable during the rollout of the massive relief bill. House Speaker Nancy Pelosi, D-Calif, announced Thursday the creation of a bipartisan Select Committee on the Coronavirus Crisis that will be tasked with oversight of programs like the cash payments.
"The committee will be empowered to examine all aspects of the federal response to the coronavirus to ensure that taxpayer dollars are being wisely and efficiently spent to save lives, deliver relief and benefit our economy," Pelosi said in a letter to Democrats.
Some Democrats have already begun calling for a broader investigation into the Trump administration's handling of the crisis so far. Pelosi did not rule out the possibility of launching a backwards-looking investigation similar to the 9/11 Commission but said the priority now is making sure the new federal funds are spent appropriately.


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andel
04/02/20 9:51:29 PM
#2:


that is ridiculous and inexcusable. i dont get anything from the stimulus and i am fine with it but many people need the money now. the gop congress already strong armed through a garbage bill and now the people that need the help the most arent getting it

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lilORANG
04/02/20 9:54:07 PM
#3:


The government should just dump loose bills from a helicopter. That'll get people their money faster.
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Awesome
04/02/20 9:55:58 PM
#4:


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Milkman5
04/02/20 9:57:33 PM
#5:


this is only if you never linked your bank account with your taxes.

How do people claim their refund without doing this?
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Milkman5
04/02/20 9:58:28 PM
#6:


oh some people have the check mailed? wtf? what year is this
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Bestoffuture
04/02/20 9:58:31 PM
#7:


Milkman5 posted...
this is only if you never linked your bank account with your taxes.

How do people claim their refund without doing this?

Mailed check

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Kombucha
04/02/20 10:11:38 PM
#8:


Bad news for the unbanked.

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Bestoffuture
04/02/20 10:13:35 PM
#9:


Kombucha posted...
Bad news for the unbanked.

:(

I had it mailed in 2018. Fml

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kingdrake2
04/02/20 10:20:05 PM
#10:


Bestoffuture posted...
I had it mailed in 2018


portal should be opening eventually so you can have your check direct deposit, it's always easier this way no checks get lost in the mail.
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Medussa
04/02/20 10:21:22 PM
#11:


kingdrake2 posted...
portal should be opening eventually so you can have your check direct deposit, it's always easier this way no checks get lost in the mail.

link? I've always had my stuff mailed, but I'm getting pretty desperate here. so anything I can do to speed things up would be super helpful.

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Axiom
04/02/20 10:23:57 PM
#12:


Milkman5 posted...
this is only if you never linked your bank account with your taxes.

How do people claim their refund without doing this?
How are you an adult and not know checks are a thing

Anyway this is fucked up but not surprising considering their already shit response. A 1200 check isn't going to do people any good if they're homeless or dead
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kingdrake2
04/02/20 10:24:17 PM
#13:


check IRS.GOV it's the best i can do. they still working on allowing information to be input :(.
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BettyWhite
04/02/20 10:25:39 PM
#14:


Medussa posted...
link? I've always had my stuff mailed, but I'm getting pretty desperate here. so anything I can do to speed things up would be super helpful.



https://www.irs.gov/newsroom/economic-impact-payments-what-you-need-to-know

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Medussa
04/02/20 10:27:54 PM
#15:


kingdrake2 posted...
check IRS.GOV it's the best i can do. they still working on allowing information to be input :(.

BettyWhite posted...
https://www.irs.gov/newsroom/economic-impact-payments-what-you-need-to-know

thank you both =)

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Balrog0
04/02/20 10:29:03 PM
#16:


Yeah I'm trying to get my parents bank accounts next week

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645AR
04/02/20 10:29:37 PM
#17:


andel posted...
i dont get anything from the stimulus and i am fine with it


sure you dont
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BettyWhite
04/02/20 10:32:13 PM
#18:


Medussa posted...
thank you both =)

But of course!

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