IRS: Taxpayers began receiving coronavirus stimulus payments this weekend Payments being directly deposited into bank accounts IRS to start issuing stimulus checks (Alexander Mils , Pexels)
DETROIT – The IRS tweeted Saturday that payments to qualifying Americans with direct deposit accounts set up had begun to receive their coronavirus relief payment.
RELATED: Financial expert helps you manager your money during the coronavirus (COVID-19) crisis
Those who don’t have direct deposit information registered with the IRS could wait months for checks to be mailed. The IRS is expected to roll out an online tool to help those that have not registered direct deposit do so.
The CARES Act that authorized the direct payments only approved a one-time deposit, but additional legislation could be passed in the future.
Copyright 2020 by WDIV ClickOnDetroit - All rights reserved.
About the Author Dane Kelly headshot Dane is a producer and media enthusiast. He previously worked freelance video production and writing jobs in Michigan, Georgia and Massachusetts. Dane graduated from the Specs Howard School of Media Arts.
The most important call you’ll make on game day The most important call you’ll make on game day Flock cameras covered after residents voice privacy concerns Flock cameras covered after residents voice privacy concerns Detroit tightens tax break process with criminal, civil background checks Detroit tightens tax break process with criminal, civil background checks Gibbs, Goff discuss Detroit Lions’ mindset after 1-1 start Gibbs, Goff discuss Detroit Lions’ mindset after 1-1 start Woman’s car stolen with father’s ashes inside Woman’s car stolen with father’s ashes inside Storage unit mold leaves renters with thousands in lost belongings Storage unit mold leaves renters with thousands in lost belongings Why Chelsea is ready to be more honest with people after cancer battle Why Chelsea is ready to be more honest with people after cancer battle Learning more about the man who killed a woman in downtown Detroit Learning more about the man who killed a woman in downtown Detroit How has Mojo and Chelsea's marriage changed over the years? How has Mojo and Chelsea's marriage changed over the years? Dan Campbell on Aaron Glenn Dan Campbell on Aaron Glenn Dan Campbell on Jets Being Trap Game Dan Campbell on Jets Being Trap Game Spirit of Detroit turns 68 Spirit of Detroit turns 68 DIY roundabout on Detroit's west side DIY roundabout on Detroit's west side City to cut down on gun violence after 3 shootings in 10 days City to cut down on gun violence after 3 shootings in 10 days What's new at Little Caesars Arena What's new at Little Caesars Arena Go 4 It and help us save the gorillas! Go 4 It and help us save the gorillas! Mayor Sheffield reacts to investigation Mayor Sheffield reacts to investigation Residents raise concerns over mold, water damage and electrical issues Residents raise concerns over mold, water damage and electrical issues Sister of woman killed in random attack in Detroit speaks out Sister of woman killed in random attack in Detroit speaks out How to register to vote in Michigan How to register to vote in Michigan Previous video Next video
