Yesterday’s Stimulus Checks Distribution- A Summary of the Latest Update
Did stimulus checks go out yesterday? The question on many Americans’ minds as the pandemic continues to impact the economy. With the third round of stimulus payments being distributed, many are eager to know if their checks have arrived. Let’s dive into the details and find out if the checks went out yesterday.
The third round of stimulus checks, also known as Economic Impact Payments, was authorized by the Consolidated Appropriations Act, 2021. This act provided an additional $1,400 per eligible individual, along with $2,800 for married couples filing jointly and $1,400 for each qualifying dependent. The goal was to provide financial relief to those affected by the ongoing pandemic.
To determine if your stimulus check went out yesterday, you can check the IRS’s “Get My Payment” portal. This tool allows you to track the status of your payment by entering your Social Security number, filing status, and amount of any previous payments you have received. If your payment status shows “Payment Status Not Available,” it means your check has not yet been processed or sent out.
Several factors can affect the timing of your stimulus check. The IRS has been prioritizing payments for those who have already provided direct deposit information, as well as those who have filed their 2020 tax returns. If you have not yet filed your taxes, the IRS encourages you to do so as soon as possible to ensure you receive your payment promptly.
Additionally, the IRS has been sending out paper checks to individuals who have not provided direct deposit information or have not filed their tax returns. This process can take longer, and it is possible that some checks may have gone out yesterday, while others may still be in the mail.
It is important to note that the IRS has been working tirelessly to process and distribute these payments. Despite the challenges, the agency has made significant progress in getting the funds out to eligible individuals. However, due to the high volume of payments, some delays are expected.
In conclusion, while it is possible that some stimulus checks went out yesterday, the exact timing can vary depending on individual circumstances. To stay informed about the status of your payment, be sure to check the IRS’s “Get My Payment” portal regularly. If you have not received your check yet, be patient, as the IRS continues to work on distributing the funds to all eligible individuals.
