Claim Your CARES Act Payments

The Coronavirus Aid, Relief and Economic Security Act, also known as the CARES Act, is a $2.2 trillion economic stimulus bill that was passed on March 27, 2020. Millions of Americans are eligible to receive these funds, yet there are many who have not claimed it yet. Individuals have until October 15, 2020 to claim their stimulus payments. 

If you were not required to filed a 2019 tax return, the quickest way to claim your EIP (Economic Impact Payment) is to enter your information on the IRS’s Non-Filers Tool on or before October 15, 2020. By Claiming your EIP means you’ll get money sooner, this is important because those who are not typically required to file tax returns is because their income is below the filing threshold. 

Get My Payment is a free tool on IRS.gov to help you learn the status of your EIP by entering basic information. This tool will help you analyze if you need to take additional action to get your EIP or simply if you are ineligible. This tool will not do any harm- on the contrary it will help you understand more where you stand. 

If Get My Payment says “Payment Status Not Available” The IRS does not the information it needs to calculate eligibility. Continue to the Non-Filer Tool or file your 2019 Tax Return. Keep in mind the Non-Filer Tool or Filing your 2019 tax return takes up to two weeks to reflect on Get My Payment.  You can find the Non-Filers Tool here- Your information can be provided on a computer, smartphone or other mobile device and is available in both English and Spanish. 

If your status on Get My Payment says “Need More Information” means there is a problem with your direct deposit or mail and it was returned to the IRS as undeliverable. You must correct this information or update your mailing address and bank information. If you run into issues you can call the IRS EIP Assistance line at 800-919-9835. 

If your status says “ A Payment Has Been Processed” check your mail or financial institution before contacting the IRS to make sure you received your payment. The Payment if received could be either a check or a debit card. If you have accidentally discarded your EIP card please call 800-240-8100 to get a replacement sent to you. 

Status “Pending and Not Processed” means you are eligible and the payment has not been sent to you yet. If it has been over two -weeks theri could be a problem. For assistance on this please call 800-919-9835. 

For more information on the CARES Act and how you could claim it visit the CFPB 

Source: CFPB 

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