The IRS launched a new tool on their website to help non-filers register for Economic Impact Payments. According to the IRS individuals who should be using this tool are eligible U.S. citizens or permanent residents who:
- Had gross income that did not exceed $12,200 ($24,400 for married couples) for 2019
- Were otherwise not required to file a federal income tax return for 2019, and didn’t plan to file
The application is a no fee service available only on the IRS website here. All the individual will have to do is follow the online application and provide basic information including Social Security Number, name, address, and dependents. The IRS will use this information to confirm eligibility and calculate the amount of payment. The option to enter banking information to receive direct deposit will also be available; otherwise, the payment will be mailed.
IRS “Get My Payment” Tool
The IRS has also launched a tool called “Get My Payment.” This tool, available on the IRS website here, provides people with the status of their Economic Impact Payment, including the date their payment is scheduled to be deposited into their bank account or mailed to them. An additional feature of “Get My Payment” will allow eligible people a chance to provide their bank information. This way they can receive their payment sooner through direct deposit.
NOTE: This additional feature will be unavailable if the economic impact payment has already been scheduled for delivery.
As a reminder, most U.S. taxpayers will automatically receive their Economic Impact Payment without taking any additional steps, including:
- Individuals who filed a federal income tax for 2018 or 2019
- Individuals who receive Social Security retirement, disability (SSDI), or survivor benefits
- Individuals who receive Railroad Retirement benefits