The second stimulus check started hitting bank accounts last week.
That means many people who have direct deposit are waking up to find an extra $600 in their bank accounts if theyâre single or $1,200 if theyâre married, plus a $600 coronavirus credit for each dependent child 16 or younger.
But what if your second check hasnât arrived? Thereâs a new way to find out when itâs coming.
Whereâs My Second Stimulus Check?
The IRS released an updated version of the Get My Payment application on its website Monday, Jan. 4, that allows you to track your second stimulus check. You can use it on your computer, phone or tablet.
Hereâs all of our coverage of the coronavirus outbreak, which we will be updating every day.
Click on the link, and then click the blue âGet My Paymentâ button. Donât be surprised if you have to wait a couple minutes to get through. This corner of IRS.gov is getting a lot of traffic right now, because people really want to know when theyâre getting their $600 stimulus check. When you do get through, youâll get a warning that the system is for authorized use only. Click âOK.â
Next youâll need to enter your Social Security number or Individual Tax ID number, date of birth, street address and ZIP code.
Once you submit your information, the website will tell you the date your payment is scheduled to be made and whether it will be by check or direct deposit. If itâs scheduled for direct deposit, it will tell you the last four numbers of the bank account it will be deposited into.
You can also use the tool to provide your bank account and routing numbers. If the IRS canât pay you via direct deposit, youâll get one via paper check or prepaid debit card. The first paper checks were sent last Wednesday, Dec. 30.
What if Something Is Wrong With My Payment?
What if you havenât gotten the payment that should have been deposited already? Or what if your payment isnât scheduled, or the wrong amount has been deposited? Check thisÂ FAQ page, but donât bother trying to call the IRS right now.
If your payment hasnât been made by Jan. 15, youâll need to submit a tax return and get it in the form of a rebate recovery credit. The same applies if you were eligible for the first round of checks but didnât received one, or if you got the wrong amount.
Payment status not available? Hereâs what that means, plus a few hacks that worked in the first round.
Your coronavirus stimulus check is not taxable â so however you plan to spend that money, just know that you donât need to save any of it for Uncle Sam.
Robin Hartill is a senior editor at The Penny Hoarder and a certified financial planner. She writes the Dear Penny personal finance advice column.Â Send your tricky money questions to DearPenny@thepennyhoarder.com.
This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.