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Here's a story from USA Today outlining the process for stimulus payments. It is different from some information posted earlier here on UP. Highlights:
Here's the story -- let the political crybaby stuff begin!
- First direct deposits will start to arrive today and tomorrow for about 50-60 Million taxpayers for whom the IRS has direct deposit information. Those deposits will take about 10 days to complete, so some will not receive payments until around April 20. Most of us should be in this group.
- The second set of deposits will go to Social Security recipients who do not have enough income to require income tax returns. Almost all of these recipients get their SS payments by direct deposit, so this should go quickly. Probably none of us are in this group.
- The final set of payments would be actual checks mailed to people for whom the IRS does not have bank account information. Checks will be sent to the people with lower incomes first.
Here's the story -- let the political crybaby stuff begin!