The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) legislation includes the Economic Impact Payments distributed by the Internal Revenue Service.
WHO IS ELIGIBLE
Eligible taxpayers may qualify for up to $1,200 each, or up to $2,400 if married filing jointly, and up to $500 for each qualifying child.
A qualifying child is one claimed as a dependent on the last filed tax return, tax year 2019 or tax year 2018, and who won't reach age 17 by Dec. 31, 2020. This is the same criteria used to determine eligibility for the Child Tax Credit.
The gross amount of the payment is reduced by $5 for each $100 earned above $75,000 for single filers, $112,500 for head of household filers and $150,000 for married filing joint filers. Single filers with income exceeding $99,000, $136,500 for head of household filers and $198,000 for joint filers with no qualifying children aren't eligible and won't receive payments.
If you’re a U.S. citizen with income less than $12,000 ($24,000 for married couples) and aren't generally required to file a tax return with the IRS, you can Non-Filers: Enter Payment Info Here tool to provide the IRS with your information needed to determine your eligibility and payment amount.
Alert: Taxpayers that normally required to file a tax return (Non-filers) only have until Oct. 15, 2020, to use the Non-filers: Enter Your Payment Info Here tool to claim the Economic Impact Payment and receive it this year. See the scenarios for using the Non-Filers: Enter Payment Info Here tool, before using the tool and the Taxpayers Not Normally Required To File A Tax Return section below for more information. Taxpayers that are normally required to file a return shouldn’t use this tool; instead, please file your tax return as required.
WHO ISN’T ELIGIBLE
Taxpayers whose adjusted gross income exceeds certain threshold amounts aren’t eligible.
Who Isn't Eligible
||ADJUSTED GROSS INCOME
| Single or married filing separate
(with no qualifying child)
| Head of Household
| Married filing joint
(with no qualifying child)
Also, you may not be eligible if:
- You can be claimed as a dependent on someone else’s return. For example, this would include a child, student or older dependent who can be claimed on a parent’s return.
- You don't have a valid Social Security number. A taxpayer with an individual taxpayer identification number (ITIN) doesn't qualify.
- You are a nonresident alien.
- You filed Form 1040-NR or Form 1040NR-EZ, Form 1040-PR or Form 1040-SS for 2019.
FILING A TAX RETURN
In general, taxpayers who already filed tax returns, either in 2018 and 2019, will automatically get their payment, and with respect to the payment only, do not need to do anything further. If you haven’t filed your 2019 tax return, you should file it when you’re able. The IRS will use information from your 2018 tax return to calculate your payment amount. For more information on when your 2019 tax return is due, see Filing and Payment Relief below.
Taxpayers who receive Social Security retirement or Railroad Retirement benefits, who aren’t typically required to file tax returns, will not need to file to receive a payment. The IRS will use the information on the Form SSA-1099 and Form RRB-1099 to generate Economic Impact Payments of $1,200 to these individuals even if they didn’t file tax returns in 2018 or 2019. Recipients will receive these payments as a direct deposit or by paper check, just as they would normally receive their benefits. Social Security Disability Insurance (SSDI) recipients are also part of this group who don't need to take action. But see the Taxpayers Not Normally Required to File A Tax Return section below if you are one of the taxpayers described who normally don’t have to file, but you have qualifying children under age 17.
TAXPAYERS NOT NORMALLY REQUIRED TO FILE A TAX RETURN
Some taxpayers who typically don’t file returns will need to submit a simple tax return to receive the Economic Impact Payment.
If you’re a U.S. citizen with gross income less than $12,200 ($24,000 for married couples) and aren't generally required to file a tax return with the IRS, you can use the ‘Non-Filers: Enter Your Payment Info Here tool to provide the IRS with information needed to determine your eligibility and payment amount.
You should complete this tool as quickly as possible, so the IRS has the information it needs to issue your payment. There is no fee to use this tool.
Special note: Taxpayers in these groups, who have qualifying children under age 17, can use this tool to claim the $500 payment per qualifying child. Otherwise, you may not be able to claim qualifying children until or unless you file for tax year 2020.
HOW DO I GET AN ECONOMIC IMPACT PAYMENT?
See our How Do I Get An Economic Impact Payment? section above, watch the video and use our tool to help you decide what, if any, steps you need to take.
PAYMENT DISTRIBUTION - WHEN WILL I GET MY PAYMENT?
The IRS began issuing payments to taxpayers who already had existing direct deposit information on file the week of April 13, 2020. In certain instances, payments will continue to be issued over the coming weeks and in others, taxpayers will be required to claim them on their 2020 tax returns.
This includes taxpayers who filed tax returns in 2018 and 2019 and most seniors and retirees.
Use the "Get My Payment" application to:
- Check your payment status;
- Confirm your payment type: direct deposit, Debit card or paper check, and
- Update direct deposit bank account information in some situations
Note: You can’t use the Get My Payment application to update your direct deposit bank account information after an Economic Impact Payment is scheduled for delivery. To help protect against potential fraud, the application also doesn’t allow you to change direct deposit bank account information already on file with the IRS. However, if you didn’t use direct deposit on your last tax return to receive a refund, or when your direct deposit information was inaccurate and resulted in a paper refund check, you will be able to provide that information and speed up payment with a deposit into your bank account.
Special note: If you have past due child support obligations, your payment will be sent to the agency in control of those accounts instead of refunded directly to you. All other debts to which the IRS normally applies refunds won’t be paid using your Economic Impact Payment. For more information on regular tax refund offsets, see our Refund Offset page.
PAYMENT LETTERS INSTRUCTIONS TO FOLLOW, IF YOU DON’T RECEIVE YOUR ECONOMIC IMPACT PAYMENT
For security reasons, a letter (Notice 1444, Your Economic Impact Payment) about the Economic Impact Payment is sent to each taxpayer’s last known address within 15 days after the payment is paid. This letter provides information on the payment amount and how it was made.
Reminder: Be sure to keep your copy of Notice 1444 for your records.
If you did not receive this payment, visit the IRS’s EIP Frequently Asked Questions and Answers, under the section titled Payment Issued but Lost, Stolen, Destroyed or Not Received and follow the applicable instructions.
If you’re unsure if you received a legitimate letter, see the IRS’s Dirty Dozen announcement or our TAS Tax Tip: Avoid Scams Offering Economic Impact Payments to help you protect yourself against scam artists.
The IRS’s Get My Payment application, will help you check your payment status, confirm your payment type, and update your bank info (in limited situations). The Get My Payment application won’t, however, allow you to change your address. To change your address:
- If you haven’t filed your 2019 tax return, enter your new address on your tax return when you file. The IRS updates its records when your return processes. File electronically to ensure your return will be processed more quickly.
- If you’ve filed your 2019 tax return and you didn’t receive a direct deposit refund, your payment will be mailed to the address the IRS has on file for you. This is generally the address on your most recent tax return or as updated through the United States Postal Service (USPS). If you’ve moved since filing your 2019 tax return, you should notify the IRS by filing Form 8822, Change of Address. You should also notify the Post Office serving your old address.
- Payment received by check - Lost, Stolen or Destroyed. How do I get a new one?
If you received your payment by check and it was either lost, stolen, or destroyed, you should request a payment trace. See Frequently Asked Question, Payment Issued but Lost, Stolen, Destroyed or Not Received for more information on how to request a payment trace.
- Economic Impact Payments Belong to Recipient, Not Nursing Homes or Care Facilities
The IRS issued a reminder following concerns that people and businesses may be taking advantage of vulnerable populations who received the Economic Impact Payments.
Visit the IRS Economic Impact Payment Information Center for more details on Economic Impact Payment eligibility. Also see Get My Payment Frequently Asked Questions (tool) and Economic Impact Payment Frequently Asked Questions.