The Internal Revenue Service (IRS) confirmed on Saturday that direct deposits of up to $ 1,400 are already being generated and that aid will continue to be delivered in the coming weeks, if minority through mail.
As U.S. government Joe Biden announced Thursday, lower-income taxpayers affected by the Covid-19 pandemic have begun receiving checks for up to $ 1,400 this weekend.
The Internal Revenue Service (IRS) confirmed this Saturday that direct deposits are already being generated and that most payments are expected to be delivered to the beneficiaries ’account. He also said that delivery will continue in the coming weeks, some of which will arrive by mail as a check or debit card.
The IRS has enabled the tool Get my payment on its website where you can find out when and how your financial impact payment will be sent. you can consult in this link
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After Biden enacted legislation on Thursday, White House spokeswoman Jen Psaki told a news conference that these first payments are part of “a first wave,” and that “in the coming weeks” the rest of Americans will receive their checks.
Biden signed the $ 1.9 trillion tax rescue plan to the Oval Office, which includes these payments and received final approval by Congress the day before, with the goal of alleviating the economic effects caused by the pandemic .
The plan provides for direct transfers to taxpayers earning up to $ 75,000 annually and for couples earning $ 150,000. Those individuals who earn between $ 75,000 and $ 80,000 will receive a grant, but it will be less.
For the first time, dependent adults will also receive a $ 1,400 check, which was not the case in the other two previously approved stimulus packages.
Behind direct payments is the idea that if the government puts money in the pockets of Americans the level of spending will be maintained and the economy will continue to function.
Besides: House approves $ 1.9 trillion stimulus package for pandemic-affected Americans
The Biden-driven bailout will join the $ 900 billion bailout Congress pushed in December and the $ 2.2 trillion, the largest in the country’s history, in March 2020, under the Republican presidency. Donald Trump.
The United States is the country hardest hit by the pandemic, with more than 529,000 deaths and more than 29 million cases.