You Might Have To File Your Taxes To Get 2nd Stimmy Payment
Last year Americans got a stimulus payment that helped relieve the loss of income due to the COVID-19 pandemic a little. Most people got $1,200 either direct deposited into their checking account or they got a physical check from the federal government. That $1,200 did last very long, however, and lawmakers knew that they would have to come up with a second stimulus payment. After months of a lot of back and forth arguing between Democrats and Republicans who make a lot of money being a senator or a member of Congress, they finally settled on a $600 second stimulus payment. The Democrats wanted a $1,200 payment again, but Republicans would only agree to the $600 for each eligible adult and child in a household.
The release of those funds was announced in December of 2020 but here we sit in mid-January and a lot of us haven't gotten our second stimmy, so where is it? Well, I have some good and bad news for you.
The good news is you can find out when your payment should be coming to you. Just click this link right here and enter your SSN, date of birth, and address and you will find out when you should expect your payment.
If you get a Payment Status #2 – Not Available message when you log in the IRS says if you don’t get their Economic Impact Payment, you should file your 2020 tax return electronically and claim the Recovery Rebate Credit on your tax return to get that payment and any refund as quickly as possible.
So to recap - Log onto the IRS site and track your payment and file your taxes electronically as quickly as possible to speed up your second stimulus payment.