People who do not have direct deposit information on file with the Internal Revenue Service may have to wait up to 20 weeks to receive cash payments included in the $2 trillion coronavirus relief legislation, according to a memo drafted by House Democrats.
The Treasury announced late Wednesday that Social Security beneficiaries who typically do not file a tax return will automatically get the $1,200 payment.
Washington – The Treasury Department and the Internal Revenue Service
today announced that distribution of economic impact payments will begin
in the next three weeks and will be distributed automatically,
with no action required.
for most people. However,
some seniors and
others who typically do not file returns will need
to submit a simple tax return to receive the
stimulus payment.
Who is eligible for the economic
impact payment?