Tens of millions of Americans got their stimulus payments, but many others reported receiving the wrong amount and frustrating online issues.
The Internal Revenue Service began distributing $290 billion in direct cash payments to tens of millions of Americans on April 15, as part of the $2 trillion Coronavirus Aid, Relief, and Economic Security Act, or Cares Act.
American adults who earned less than $75,000 are supposed to receive a $1,200 payment, and a married couple filing jointly earning $150,000 or less will get $2,400. The Cares Act provides for an additional $500 per dependent child under 17.
But the launch exposed a number of problems with the agency’s direct deposit process and the “Get My Payment” tool, which was meant to allow people to check the status of their payments and give the IRS information to get their money electronically.
Many people have contacted The Washington Post reporting that they received less than what they were supposed to get — or in some cases that they were overpaid. Parents reported they did not get the $500 payments for dependent children under 17…
To read the entire article from The Washington Post, click https://www.washingtonpost.com/business/2020/04/18/stimulus-check-glitches-why-youre-having-trouble-what-you-can-do-about-it/
