Karin Price Mueller
People can now track their stimulus payments using the IRS’ Get My Payment tool, which has been reopened for the third stimulus payment, the IRS said on Saturday.
That’s ahead of schedule.
The IRS had said Friday night that the Get My Payment tool would not be available until Monday.
It said the first batch of stimulus payments from the $1.9 trillion coronavirus relief plan will be sent by direct deposit as early as this weekend.
Those who receive direct deposits will be first, followed by mailed checks and pre-paid debit cards, it said.
While some people reported on social media on Saturday that they see their payments as “pending” in their bank accounts, some banks said on Saturday that it will take longer for payments to hit people’s accounts.
Chase said on its website that direct deposited payments will take longer.
“We expect that electronic stimulus payments will be available in eligible Chase accounts as soon as Wednesday, March 17, 2021,” it said.
As part of the American Rescue Plan Act of 2021, the federal government is providing stimulus payments to eligible recipients. Eligibility criteria differs from prior rounds of stimulus payments. Learn about eligibility and payment amounts: https://t.co/cigbLdamHq— Wells Fargo (@WellsFargo) March 12, 2021
Wells Fargo said on Twitter: “Customers who are eligible to receive direct deposit of their stimulus payment may expect it as soon as March 17, 2021.”
The IRS said more people will receive their payments over the next week.
“Additional batches of payments will be sent in the coming weeks by direct deposit and through the mail as a check or debit card.,” the IRS said. “The vast majority of these payments will be by direct deposit.”
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