![]() The Get My Payment tool is helpful but can be difficult to understand.ĭon’t be alarmed if you get the "please wait" message, that is a normal part of the site’s operation. WHY AM I GETTING ERROR MESSAGE ON THE IRS SITE? ![]() RELATED: Second stimulus check for $600 could disperse soon, though Congress could still boost amount In the past, the IRS issued refunds in less than 21 days from the date the return was received. Some tax filing services will allow customers to file before that time.įiling electronically is the fastest and safest way to process a return. The IRS has not stated when it will begin accepting tax returns for this filing season but tax season generally begins in late January. People who did not receive either the first or second round of payments that were due to them or received an incorrect amount can claim the Recovery Rebate Credit on their 2020 tax return to get their payment. Taxpayers are encouraged to watch their mail closely for the arrival of checks or debit cards. The Treasury announced Thursday that it has started to send approximately 8 million Economic Impact Payments by prepaid debit card. The payments sent through the mail could take three to four weeks to reach people. Payments made by direct deposit could take a few days to process, but the funds were largely available early this week. The IRS and Treasury began distributing payments last week. "People who need money now may have to wait months until they can file a tax return and get their refund, unless the tax prep companies are able to forward the funds." "It is disappointing that the IRS did not fix this problem, which it has known about for months," said Lauren Saunders, associate director of the National Consumer Law Center. The National Consumer Law Center estimates up to 20 million Americans may be impacted by this latest administrative issue. A number of taxpayers vented online about their frustration with the situation, including many who got their payments with ease the first time. RELATED: Biden says Democratic victories in Georgia Senate runoffs would lead to $2,000 stimulus checksīy law, the financial institution must return the money to the government if the account is closed or no longer active. ![]() That is because money may have been sent to a temporary bank account established by the tax preparer, which is no long active. In those cases, the IRS website may show that the money went to an account they do not recognize. It also appears there was a major snafu this time for people who filed their taxes with an online tax preparation service such as TurboTax or H&R Block and paid for their tax preparation fees with their expected refund. Payments are distributed via direct deposit or by mail, either in the form of a paper check or a debit card. However, some people may find that they get their payment in a different form this time than last. If you are eligible, check the IRS Get My Payment tool on its website to find out the status of you payment.Īs with the last round, most payments will be automatic and made via direct deposit to bank accounts. Unlike last time though, payments will not be denied to Americans who are married to someone without a Social Security number. There are no payments for individuals earning more than $99,000 a year. Those who make more will get a reduced amount. ![]() Under this latest round of relief, the $600 payments will go to individuals making less than $75,000 or $150,000 for couples who are married and filing jointly. (Jeff Fusco/Getty Images)įirst, make sure you are eligible.
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