AS millions of Americans welcome Covid-19 cash relief as part of the third round of stimulus checks, there’s a handy website to keep tabs on the coin.
Stimulus check statuses can be secured by checking at the IRS’s “Get My Payment” tool.
Read our stimulus checks live blog for the latest updates on Covid-19 relief…
The site is a virtual hub to get a breakdown of when and how qualified recipients might expect to get paid.
“Each week we’re sending the third round of Economic Impact Payments to eligible individuals as we continue to process tax returns,” the explanation on the site reads.
Worried that your stimulus check hasn’t arrived? The IRS suggests it may take more time.
“If you haven’t received a payment yet, it doesn’t mean you won’t,” according to the site.
The agency is relying on three payment methods; either direct deposit, a paper check sent through snail mail or a debit card.
There are also efforts underway to get the need “automatically… to as many people as possible.”
There is also a chance to collect extra monies.
The site describes what’s known as “plus-up payments” which offer greater support to those who may need extra aid based on 2020 tax return filings.
The IRS is also giving Americans the chance to keep a current update on the tax returns; including balances owed as well as a payment history and both scheduled and pending payments.
The stimulus checks are part of the American Rescue Plan’s rollout which has secured monthly stimulus payments worth up to $1,400 to households since March 12.
This week, the agency counted 2.3million additional stimulus checks that have been sent out to households as part of its latest batch of financial support worth “more than $4.2billion.”
In the past two weeks, payments contain more than 1.2million direct deposit checks landed in Americans’ bank accounts tallying $2.2billion and the rest were sent in paper form.
There have been 170million payments worth approximately $395billion have been deposited into Americans’ bank accounts since lawmakers passed President Joe Biden’s plan to help the country’s population bounce back from pandemic stricken economic hardship.
As the third round of stimulus phase runs its course, Washington D.C. continues to debate whether or not a fourth stimulus check might be in the offering.
White House Press Secretary Jen Psaki told reporters last week: “The president is certainly open to a range of ideas.”
Those include recent proposals for infrastructure investment and the Americans Families Plan.
Various Democratic lawmakers have submitted formal letters to President Biden to push for a fourth check.
As far as the value of the stimulus checks, a recent report supplied proof that the aid has delivered to countless needy Americans.
“We believe the success of the federal government’s relief measures may be due to the speed, breadth, and flexibility of its broad-based approach, primarily relying on cash transfers,” a report published by researchers at Poverty Solutions of the Census Bureau study confirmed.
The study found that food insufficiency dropped by over 40 percent between December 2020 and April 2021.
Federal funds helped especially low-income households and accounted for a 45 percent ease with financial insufficiency; and there was a 20 percent drop in reports of depression symptoms.
