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WASHINGTON – The Internal Revenue Service has begun to distribute stimulus checks of up to $1,200 to millions of Americans as the federal government tries to jolt the economy back to life amid the devastation from the coronavirus pandemic.
The first checks were delivered via direct deposit on Friday and tens of millions will see them appear in their bank accounts by Wednesday, according to the Treasury Department.
Some 50 million to 70 million Americans are expected to get their checks via direct deposit by April 15, according to the Treasury Department. Those who haven’t provided the IRS with their bank account information will get a paper check in the mail, which could take longer, though the department has launched a portal on its website that allows Americans to input their direct deposit information to speed up getting the cash.
The government is distributing the checks under a new $2.2 trillion economic recovery package that President Donald Trump signed into law last month.
Not everyone is getting a check: Here’s who will be left out of the $1,200 coronavirus stimulus payments
The checks are designed to provide a cash infusion to most Americans and revive the economy amid the coronavirus crisis. The recovery package also includes loans, grants and tax breaks for businesses also reeling from the economic fallout caused by the pandemic.
Under the new stimulus law, individuals with an adjusted gross income of $75,000 or less are eligible for a one-time payment of up to $1,200 ($2,400 for joint tax returns) and $500 for each qualifying child. Those with little or no tax liability also will get $1,200 ($2,400 for joint returns).
The payments start to phase out for Americans who earn more than $75,000, or $150,000 for a joint return. The payments phase out completely for single filers with incomes exceeding $99,000, $136,500 for head of household filers with one child and $198,000 for joint filers with no children.
Not everyone is eligible for a stimulus check. Those who will be left out include many students, some elderly and disabled people and immigrants who don’t have a Social Security number. Parents of babies born in 2020 will have to wait until next year to get the per-child rebate since the payments are based on tax returns filed in either 2018 or 2019.
Possible delays: IRS’ antiquated technology could delay delivery of $1,200 coronavirus stimulus checks, experts warn
Low-income individuals who didn’t need to file a tax return the past two years because they earned less than $12,000 will be eligible for a stimulus check. But they will need to provide the IRS with some information so the agency can calculate their rebate and know where to send it.
The IRS has set up a web portal that will allow non-filers to register for a stimulus. Those who don’t normally file a tax return can visit IRS.gov and look for “Non-Filers: Enter Payment Info Here.” There, they can provide information including their Social Security number, name, address and dependents. The IRS will use that information to confirm their eligibility and send them a stimulus payment.
Related gallery: Seniors vulnerable amid the pandemic
An elderly man shops at a supermarket during reserved shopping hours for elderly people in Miami Beach, on March 21, 2020.
A sign is posted outside a Gelson’s supermarket that opened special morning hours to serve seniors 60-years and older due to coronavirus concerns, Friday, March 20, 2020, in the Sherman Oaks section of Los Angeles on Friday, March 20, 2020.
In the wake of the coronavirus outbreak, Stop and Shop opened early for seniors only, from 6 a.m. to 7:30 a.m. At the Old Connecticut Path Stop and Shop in Framingham, Janet Wong, of Framingham, looks for merchandise, March 19, 2020.
With gloves, mask and gown on, Johanna Mannone, 79 of Rochester Hills caresses and hugs her husband Michael Mannone in the front room of WellBridge of Rochester Hills, a skilled nursing and rehabilitation center in Rochester Hills, Michigan on Friday, March 13, 2020. She didn’t know when she’d get to see him again, perhaps in a few days as the center is really restricting visitors because of the coronavirus COVID-19. She was only able to visit her husband who has lived here for 6 months for a half hour.
Norman Megginson, a volunteer with Senior Services of Central Illinois, is thanked by Marshall Brown after delivering a meal to him for the Daily Bread Senior Nutrition Program, Monday, March 16, 2020, in Springfield, Ill. “When you go to someones door they truly thank you because they may not see anybody,” said Megginson of the volunteer work of delivering meals to seniors. “It really helps people to get a meal, sometimes it’s the only one they get in a day.” Volunteers for Senior Services of Central Illinois will be making meal deliveries on Tuesdays and Thursdays only, not five days a week, to minimize contact during the coronavirus outbreak, but people will get the same amount of meals delivered to them on those days.
A shopper navigates an isle at Northgate González Market on Tuesday, March 17, 2020, in Santa Ana, Calif. In light of the coronavirus concerns the Northgate market chain opened the store one hour early for seniors 65-years and older and disabled.
Carmen Zamora shops at Northgate González Market on Tuesday, March 17, 2020, in Santa Ana, Calif.
Sangamon County Clerk Don Gray welcomes Sister Edwina Finnegan to cast her ballot for the Illinois Primary Election at the St. Agnes Hall polling place, Tuesday, March 17, 2020, in Springfield, Ill. Gray was visiting the polling place for his tradition of delivering bags of treats to say thank you to the election judges.
Veda Webster, 85, waits for her ride after voting during the Democratic presidential primary at the Burton Barr Library in Phoenix, Az., on March 17, 2020. The voting place looks deserted due to coronavirus.
In this Tuesday, March 17, 2020, photo Des Moines Area Religious Council food pantry volunteer Louise Minor, left, hands a bag of food to Garry Vanderlinden, of Des Moines, Iowa, right, at a senior center in Des Moines, Iowa. Amid concerns the new coronavirus has left many people to at least temporarily lose their jobs, food banks and pantries across the U.S. are scrambling to meet an expected surge in demand even as older volunteers have been told to stay home and calls for social distancing are complicating efforts to package and distribute food.
Check Chen from Seattle, shops for groceries during special hours open to seniors only at Uwajimaya, an Asian specialty supermarket, on March 18, 2020 in Seattle, Washington. Several grocery stores in the Seattle area are opening an hour early to accommodate senior shoppers who are at higher risk of contacting COVID-19. Chen said he came here to take advantage of the senior hours because there would be less people.
Shoppers leave Costco Wholesale in Clifton on Wednesday morning March 18, 2020. The store is practicing social distancing on line to help prevent the spreading of COVID-19 and limiting the number of shoppers allowed in the store at one time.
Dr. Ezriel Kornel, a neurosurgeon in Westchester County, N.Y., was diagnosed with COVID-19 and has been symptomatic for ten days. Kornel, photographed at his home in Bedford March 18, 2020, has remained under self-quarantine at home.
This article originally appeared on USA TODAY: Treasury says first coronavirus stimulus checks have gone out and many will get payments by April 15