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Friday, January 1, 2021

IRS Says $600 Stimulus Checks Are On The Way

Above, I'll likely get a new top for the Jeep with my $600. Photo by Armand Vaquer.

The second ($600) stimulus checks/payments are supposedly going out now.

If the government has one's bank account information (such as Social Security recipients), the money will be direct deposited faster.

According to CBS News:

Millions of Americans are eagerly awaiting their second stimulus checks of $600 for each eligible adult and child. The IRS on Tuesday said it had started to distribute the checks via direct deposit that evening, a process that will extend into next week. 

The tax agency added that it is mailing paper checks on December 30 to people who don't have their bank account info on file with the IRS. But even so, the timeline leaves many people wondering when exactly the check will land in their accounts — especially as the IRS' website for checking one's payment status is unavailable. 

The second stimulus check follows a rocky rollout this spring for more than 160 million stimulus payments directed by the Coronavirus Aid, Relief, and Economic Security (CARES) Act. That relief effort, which directed $1,200 for each eligible adult and $500 for each eligible child, encountered a number of problems, such as a delay in payment to people who didn't have their bank account information on file with the IRS, as was the case for some Social Security recipients.

With the first stimulus check that came earlier last year, I made good use of it for the Jeep. I got a new gas tank, master cylinder, brake work, fuel pump, points, condenser and spark plugs. 

This time, I'll probably get a new Bestop as the one I have is over 20 years old and the stitching is coming apart in spots. 

To read more, go here.

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