It’s easy keeping track of everything you ever need to know about your third payment. Especially now as the Internal Revenue Service has already begun sending money to banks for the first round of payments, you should keep yourself abreast of the latest developments in real-time. And you can do it with the IRS stimulus tracker, ‘Get My Payment.’
The Stimulus Tracker: Keeping Track Of The Numbers
You now have an official tool to track the third stimulus payment. People have already started receiving their $1,400 checks through transfer from the IRS authorities. And the stimulus tracker devised by the IRS is a handy tool to glean that information and keep you abreast of the latest developments. It also helps you to identify the bottleneck and devise ways to overcome them.
For those who have received their check, it was the information already with the tax authorities that helped. Being registered with the Internal Revenue Service has been of help as they have all your details including bank details. The authorities have targeted the 31st of December 2021 as the final cutoff date for payments stipulated as part of the nearly $2 trillion coronavirus stimulus bill. To date, the tax authorities have moved along quite fast.
The next week should see new payments by way of direct deposit, prepaid cards, and paper checks. 100 million is the number of payments that President Biden has targeted to send out in 10 days.
But there will be glitches. Sending out close to $2 trillion to almost every individual and household across the length and breadth of the country is no mean task. And there will be people who will have missed out on the payments. The stimulus tracker is the most reliable way for the tax authorities to keep track of your payment and reach out to you. But you can no longer keep track of the first couple of stimulus payments with the stimulus tracker. Here are the details.
The Stimulus Tracker Is Now Live: What We Know Of The ‘Get My Payment’ Tool
Even as the first round of stimulus checks arrives in the banks, they get updated in the individual stimulus tracker. Over the IRS tracking tool, ‘Get My Payment,’ the authorities will update information on the tracker once each day, mostly overnight. The information available on the stimulus tracker is all that the online assistants at the other end of the line have. So calling up the IRS about your payment will not help much.
Getting Help From The Stimulus Tracker – Things You Need To Know About The Get My Payment Tool
All you need to do is to enter the Social Security number, followed by your date of birth, address, and finally the ZIP code. The stimulus tracker will give you an accurate picture of the status of your third check. The message will be about your check – if it’s on its way, the mode of payment (direct, check, or preloaded cards), and also the date if it has already been issued. You will not get information on the actual amount of the check. However, you will be informed if the authorities have been unable to settle on your status.
Can The Stimulus Tracker Help You Sign Up For Direct Deposit Of The Money Into My Account
Having a direct deposit account with the tax authorities ensures that you get your check before all other payments. It appears that the IRS is issuing the information collected from taxpayers in the current year to send out the direct payments.
The IRS stimulus tracker allowed people to put in their bank details in the first stimulus check. This helped them send the money through direct transfer in the first round. Changing banking information or registering fresh direct deposit accounts was disallowed in the second round.
The latest version of the tool, (Get My Payment), out for the latest round of stimulus payment also doesn’t permit you to change your banking details to determine the method that will be used to send out the amount due to you. The authorities reiterated that if you do not have your information with the tax authorities, you will get your payments only through prepaid debit cards or paper checks.
However, the tax authorities will allow you to enter your banking information only when the IRS fails to send your stimulus check. There is still time to collect your money through the direct deposit route if you enter your information by filing your 2020 returns. You can apply for up to three direct deposit accounts with your 2020 returns. If the tax authorities receive your information before they process your stimulus payment, you can expect to get your money fast through the direct deposit route.
The Stimulus Tracker: Making Sense Of ‘Need More Information’ Status
The IRS information for the thirst stimulus checks sends out a ‘need more information’ communication in the stimulus tracker. This message delivered through the ‘Get My Payment’ online tool indicates that your payment could not be made as the Postal Service failed to trace you.
Making Sense Of The ‘Payment Status Not Available’ Message On My Stimulus Tracker
This is just a standard message till the IRS processes your payment. So you need not get alarmed or do anything. But it might also indicate that for some reason you are ineligible for the payment. So you need to double-check the amount you should get as the third stimulus payment.
What To Do If You Get A Message Indicating That The Check Has Been Sent But It Never Comes In?
You have to file a check payment trace if you haven’t received the money either in your bank account through direct transfer or a direct paper check or prepaid card. Keep any letters sent by the IRS informing you about the dispatched amount.
Do You Need To Hold On To The Letter Sent By The IRS Confirming The Third Payment?
The stimulus check will be followed by a letter sent by the IRS informing you about the payment within 15 days at the address with the tax authorities. It contains details of the payment and what you need to do if you have missed out on your payment. So the IRS letter is important if you haven’t received the full payment.
Keeping Track Of The Check Through The Us Postal Department.
The postal service of the United States has an app that helps you to track any mail sent Through The US Postal Services. The ‘Informed Delivery’ service scans your letter and tracks it. You can track it and get all information about the expected date of delivery.
How To Get Any Money Due From The Previous Two Stimulus Payment?
If you feel that you are owed any amount from the IRS for the first two stimulus payments that went out last year, you need to claim it. You have to file a Recovery Rebate Credit in the tax season of 2020. You will need to find out the amount the IRS originally allotted. You can hit upon that out from the letter mailed by the agency or online. The new stimulus tracker, (Get My Payment) will not help you with the information about the first two stimulus payments.
You will have to set up your individual IRS account, called the ‘Online Account’, and check the status of the two previous payments.
This is an online system that helps you to securely access your complete individual account information.
