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You are here: Home / coronavirus / IRS – Coming next week: Automatic payments begin

IRS – Coming next week: Automatic payments begin

posted on April 10, 2020

Source: IRS Newsletter  – IR-2020-69

Eligible taxpayers who filed tax returns for either 2019 or 2018 and chose direct deposit of their refund will automatically receive an Economic Impact Payment of up to $1,200 for individuals or $2,400 for married couples and $500 for each qualifying child.

Individuals who receive Social Security retirement or disability benefits, SSDI or who receive Railroad Retirement benefits but did not file a return for 2019 or 2018 will automatically receive a payment in the near future.

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