IRS: First batch of coronavirus stimulus checks have been sent

NY Post ^ | 12 April 20 | Mark Moore

[Bruiser 10]

The IRS said over the weekend it has started sending coronavirus stimulus payment to eligible Americans who have direct deposit.

“#IRS deposited the first Economic Impact Payments into taxpayers’ bank accounts today,” the IRS announced in a tweet Saturday.

“We know many people are anxious to get their payments; we’ll continue issuing them as fast as we can.”

The payments are part of the $2.2 trillion package passed by Congress at the end of March intended to help workers who have been laid off or furloughed and to give businesses a financial boost to offset the dire economic effects caused by the pandemic.

[madison10]

Cool.

[Balding_Eagle]

About a week early?

Trump Time.

[Fungi]

Another 2.2 trillion added to the federal debt is “cool?” It would have been easier and more logical to just suspend tax collections for the year, it would have had the same effect. Instead, they take a dollar to give you back half that. Not cool at all.

[yarddog]

I have a Nephew, only 55 who just died. He was on Social Security and had direct deposit. I bet they deposit a check to his account.

Someone will have to return it if they do.

[Bonemaker]

I’m waiting to get some of my government squandered tax money back.

[ducttape45]

Nothing in my account yet! Not holding my breath......

[dangus]

Odd. I got mine two weeks ago.

[nascarnation]

Make sure he votes Republican in Nov.

[fatima]

Sorry yarddog.

[yarddog]

Now that I think about it, he may have been entitled to it. If so they could use it for the funeral.

[Yogafist]

I wonder how many here anticipating their government checks were complaining that they were subsidizing my tax deductions a couple years ago.

[Paladin2]

Who borrows $7,000, puts $1,200 in their pocket and burns the rest?

[Engedi]

Sorry about your nephew. Prayers for you and his family.

[mythenjoseph]

HA!

[yarddog]

Thanks, it did come as a bit of a shock.

He was in poor health but no one was expecting it.

[SunkenCiv]

Of course, some people would complain if they were hung with a new rope.

[MV=PY]

"Now that I think about it, he may have been entitled to it. If so they could use it for the funeral."

I wonder how that works. Maybe it should go to his estate.

[Celtic Conservative]

My niece got hers yesterday.

CC

[Celtic Conservative]

Anybody buying a gun?

CC