Wednesday is the last day to request direct deposit for stimulus payments

People who haven't yet received a stimulus payme...

Posted: May 12, 2020 3:58 AM

People who haven't yet received a stimulus payment from the federal government face a Wednesday deadline to get direct deposit -- otherwise, they'll have to wait for a paper check.

The Internal Revenue Service says individuals have until noon on Wednesday to submit bank account information for direct deposit. People who are owed money but whose bank account details aren't on file will eventually get a check in the mail, but it could take weeks.

"Time is running out for a chance to get these payments several weeks earlier through direct deposit," IRS Commissioner Chuck Rettig said in a statement Friday.

More than 85% of people who are eligible for stimulus money have already gotten the cash. About 130 million payments were made as of last week. Many of those people didn't have to update their bank account information because the IRS already had it on file from a 2018 or 2019 tax return.

Payments to those who had updated their bank account information by April 29 should have also received the money. But many people who had done so, as early as April 15, say that a glitch in the system has kept them waiting.

The government is preparing to ramp up the number of checks it's sending through the mail. The next round of payments will begin arriving through late May and into June, the IRS said.

The agency is prioritizing getting checks to people with lower incomes first. Payments have already been issued to people who filed a 2018 or 2019 tax return and earned less than $30,000.

How to add bank account information

An online IRS tool called "Get My Payment" allows people to upload their bank account information if the agency didn't already have it on file from a 2018 or 2019 tax return.

It will request some basic information, including your Social Security number as well as adjusted gross income as reported on your most recent tax return.

Once you add your bank account information, the tool should update with a scheduled payment date. If it's entered before noon on Tuesday, a payment date should be available on Saturday. If it's after noon on Tuesday, a user would have to wait until the following Saturday.

What if you don't normally file taxes?

Social Security recipients, Supplemental Security Income recipients, as well as some low-income veterans receiving pension benefits who don't usually file a tax return do not need to upload their bank account information. Their stimulus payment will be automatically sent to them however they normally receive those benefits.

But there are millions of other low-income people who are not normally required to file taxes. They aren't facing the Wednesday deadline, but they do need to take action before receiving their money.

They must use a separate online tool for non-filers that asks for basic information including names, date of births and Social Security numbers for the person filing and his or her dependents. They won't have to provide any income information.

Who's not eligible?

Eligibility is largely based on income, and it excludes individuals earning more than $99,000, head of household filers with one child who earn more than $136,500, and married couples without children earning more than $198,000.

Families earning a little more may still be eligible if they have children. The phase-out limit depends on how many children they have. For a typical family of four, the amount is completely phased out for those with incomes exceeding $218,000.

Those who can be claimed as a dependent for tax purposes, like many college students, are also ineligible for the payments, as well as undocumented immigrants who don't have Social Security numbers.

Payments are worth up to $1,200 for individuals, and $2,400 for couples -- plus $500 per dependent.

Oregon Coronavirus Cases

Data is updated nightly.

Cases: 191774

Reported Deaths: 2533
CountyCasesDeaths
Multnomah38030585
Washington25362229
Marion21859306
Clackamas17262209
Lane12861146
Jackson10739135
Deschutes875974
Umatilla814084
Linn485267
Yamhill442875
Klamath433061
Polk371352
Malheur350461
Josephine331669
Douglas323170
Benton306019
Jefferson217434
Coos205033
Columbia172726
Union144423
Lincoln137120
Wasco137128
Hood River118330
Morrow110115
Crook107620
Clatsop9768
Baker94714
Curry6459
Tillamook6423
Grant5065
Lake4447
Harney3418
Wallowa1825
Gilliam621
Sherman581
Wheeler281
Unassigned00

California Coronavirus Cases

Data is updated nightly.

Cases: 3760303

Reported Deaths: 62334
CountyCasesDeaths
Los Angeles123582824026
Riverside2991734588
San Bernardino2966554707
San Diego2781823725
Orange2708005008
Santa Clara1189322086
Kern1090521373
Sacramento1044911676
Fresno1017291682
Alameda876371546
Ventura809051011
San Joaquin731741391
Contra Costa68638806
Stanislaus620081056
Tulare49579839
Monterey43595382
San Mateo41903568
San Francisco36669543
Santa Barbara34323456
Solano32864250
Merced31821459
Sonoma30002318
Imperial28388722
Kings22977246
Placer22610291
San Luis Obispo21293260
Madera16444242
Santa Cruz16238206
Marin14040228
Yolo13897209
Shasta12110226
Butte11985199
El Dorado10141113
Napa985781
Sutter9421111
Yuba625346
San Benito605663
Lassen570124
Tehama556362
Nevada473675
Tuolumne412966
Mendocino407249
Humboldt398040
Amador365547
Lake347143
Glenn238225
Colusa223216
Siskiyou220523
Calaveras212553
Inyo142838
Del Norte13808
Mono12804
Plumas7106
Modoc4984
Mariposa4477
Trinity4005
Sierra1120
Alpine880
Unassigned390
Medford
Clear
71° wxIcon
Hi: 79° Lo: 41°
Feels Like: 71°
Brookings
Clear
65° wxIcon
Hi: 83° Lo: 52°
Feels Like: 65°
Crater Lake
Partly Cloudy
71° wxIcon
Hi: 59° Lo: 31°
Feels Like: 71°
Grants Pass
Partly Cloudy
71° wxIcon
Hi: 80° Lo: 43°
Feels Like: 71°
Klamath Falls
Partly Cloudy
60° wxIcon
Hi: 72° Lo: 40°
Feels Like: 60°
Heating up on Wednesday
KDRV Radar
KDRV Fire Danger
KDRV Weather Cam

Community Events

Latest Video

Image

Tuesday, May 11th Evening Weather

Image

Tuesday, May 11 morning weather

Image

Monday, May 10th Evening Weather

Image

Monday, May 10 morning weather

Image

Sunday, May 9th Morning Weather

Image

Saturday, May 8th Evening Weather

Image

Saturday, May 8th Morning Weather

Image

Friday, May 7th Evening Weather

Image

Oregon Dept. of Education: Grants Pass SD

Image

Friday, May 7 morning weather