We know there are pitfalls. When the, you can check the status of your , including any clues if something is wrong. The online status portal is temporarily offline, but we can draw on what we’ve learned from the first round of payments to walk you through some of the common issues that may arise.
For example, if you’ve moved, it is possible that your check was. Or the may have been rejected by your bank. Maybe you thought you were the , but , or maybe your payment was stolen (which is rare, but has happened). We have listed 10 possible pitfalls to keep an eye on.
The IRS was unable to process it on Jan. 15
We have no doubt that the IRS and the U.S. Treasury Department are working to meet the January 15 deadline to process payments. But with tens of millions of payments to work through in a total of 17 days (December 29 to January 15, including weekends), we can guess that some stimulus checks may not make it to the final sprint. In that case, you must claim your missing money through it.
Are you sure you meet the eligibility requirements?
are much more delicate and complex than they seem. It is not enough to qualify as your total , meets the monetary limits to qualify for a check. That is the income rating that the IRS uses as part of the . You can use our to see how it works.
There are also situations that apply to tens of millions of people who can change a payment in one way or another, including:
The IRS may need more information from you
In the first round of checks, most payments were made automatically. And the IRS said that will also be the case for this second round.
However, in the initial checks, millions of eligible people had to go the extra mile to get a missing payment, by using an online app that the IRS called the Non-Filers tool. However, the IRS closed the tool on Nov. 21.
Now, those the IRS defines as a “non-applicant” and who have not received what they owe with the first or second incentive check can claim it as a “when they file their federal income tax return for 2020. Here are some of the people who may fall into this category of non-filers:
You have moved and need to tell the USPS and IRS
If you have moved, the IRS may be using an older address it has on file and not know where to send your paper check. You may need to . Here’s how . While the IRS has not yet said how it will handle this situation for the second checks, you may need to claim your missing payment of your taxes this year if this is your case.
Your stimulus check has been incorrectly garnished to cover unpaid debts
During the first check there were several situations in which you check yourself, including to cover overdue child support.
For the second check, Congress abolished many of the situations where creditors and debt collectors could garnish your payment – including– but your bank may still be able to use your second check for .
The IRS does not have your current bank information
For the initial check, the IRS used bank information from your 2018 or 2019 tax return to send your payment. For the second check, the IRS said it only uses your 2019 tax return.
However, some tax collectors set up temporary accounts for their clients to receive their returns, such as on a prepaid debit card. If this is the information the IRS had for you on the first check, the agency said the payment was returned and processed again.
While the IRS has not provided information on how this situation will be handled for second checks, we recommend that you consult the Get My Payment tool once it becomes available again, and if you do not receive your payment, request it filing your federal tax year.
Your bank cannot process the direct deposit
If your bank failed to process the electronic money transfer from the IRS on the initial check, the payment was returned to the IRS, who sent the check to the most current address on our file, either from a 2019 or 2018 tax return. Or one of the postal service. Again, the IRS has not said how it will handle this situation for second checks, and is recommending that you claim a missing payment on your taxes this year.
A claimed dependent is not eligible for benefits
In general, parents who are not married to each other and who do not file a joint declaration cannot claim an eligible child as a dependent child. The parent who claimed their child upon their return in 2019 can receive the benefit. Likewise, dependent students.
However, there is a loophole that applied to the first stimulus control that was allowed, filing separately, which claimed that in other years, a dependent would each receive the payment of $ 500 per qualified dependent. Confusing, yes. It’s not clear whether that would also apply to the $ 600 per child in the second stimulus check.
You may have thrown the envelope away with your payment
Some reported on the first paymentthe envelope with their check, which it did not recognize, contained their incentive payment. The IRS recommends that you look for a white envelope with the seal of the United States Treasury Department on your mail. If you the Visa name is on the front of the card and the issuing bank, MetaBank, NA, on the back.
You may be a victim of a scam
The FBI and IRS warn that scammers want to steal your stimulus check. We have a guide for that. With the first checks, the IRS sent a letter letting you know that the agency had sent your money – with details on whether it came by mail or directly to your bank – and with information on how to report the money not arriving . The IRS said it is sending a similar letter with payment for the second checks.
If you’re trying to find out the status of your stimulus check, here’s what we know, and how how much to expect.