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IRS website to track the 2nd Stimulus Check


RickS
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If you received a lower amount (or none at all) because your 2019 exceeded the income thresholds, but your 2020 income is lower and would have entitled you to a larger stimulus check, you can claim a credit for the difference on your 2020 tax return. 

https://www.irs.gov/newsroom/recovery-rebate-credit#:~:text=If eligible%2C you can claim,Form 1040 or 1040-SR.&text=As was the case with,for all other eligible individuals.

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If at Get My Payment the response is, "status not available" it means you must file a 2020 tax return to get your payment. 

https://www.washingtonpost.com/business/2021/01/06/tax-return-stimulus-check/

People who receive the “not available” message are supposed to claim the credit on their 2020 tax return, which they can begin filing later this month. Americans have until April 15 to file taxes.

“The IRS advises people that if they don’t receive their Economic Impact Payment, they should file their 2020 tax return electronically and claim the Recovery Rebate Credit on their tax return to get their payment and any refund as quickly as possible,” the IRS said.

People have flooded social media in outrage over the IRS decision to force some people to wait to get the money by filing their taxes.

Some Americans who received the first stimulus check are getting a message from the Internal Revenue Service's “Get My Payment” tool that indicates their second stimulus check is not coming. The IRS says these people can claim the $600 (or more) amount as a tax credit on their 2020 tax return. “My heart was just sinking more and more when I realized we weren’t going to get the money, and we’ll have to get by the next two weeks until payday with $80 in our bank account,” said Megan Kramar, a mom in Salt Lake City. “I couldn’t sleep last night. I don’t know what we are going to do. We were counting on this money.”

Kramar and her husband, who lost much of his commission-based work in the airline industry last year, have been skipping breakfast and lunch to ensure there is enough food for their three young children. They were expecting a $3,000 stimulus check to arrive this week, money they desperately needed for food and bills. They are behind on their van payment, their light bill and their gas bill. Their car is due for repossession, and Kramar fears they will lose it if they have to wait weeks to get their stimulus money after filing their 2020 taxes.

Some Americans have said they are confused as to why they received a first stimulus check last year from the IRS but are getting the “status not available” message about their second stimulus check.

The IRS says that if a payment is sent to a bank account that has been closed or is no longer active, then the bank must send it back to the IRS. In the spring, the IRS issued a check or debit card payment in the mail or gave people a chance to update their bank account data if a payment came back in error, but that is not occurring this time around.

The IRS must issue all payments by Jan. 15, because then the IRS agency focus switches to the 2020 tax filing season.

An IRS spokeswoman declined to comment on how many people will not receive the $600 stimulus payment until they file their tax return.

Treasury has paid out $112.3 billion so far in the second round of the Economic Impact Payments, according to data released Monday. That is about 68 percent of the $164 billion that is expected to go out in this second round of direct aid payments.

Many analysts applaud the Internal Revenue Service for sending out payments within a week of President Trump signing the bill authorizing $600 payments to most American adults who make $75,000 or less as an individual or $150,000 or less as a couple, plus an additional $600 per child. But people who are still waiting for the money were stunned to learn they might not get it for months.

Some who used TurboTax or H&R Block to file their 2019 taxes say they are among those who are not able to receive the second stimulus payment. Often, people who use these services to file their taxes pay for the service by having TurboTax or H&R Block take the fee out of their tax refund. When that happens, the tax preparer often gives the IRS a different bank account to route the money. The tax preparer then takes out their fee and forwards the rest of the money to the client’s bank account. However, some of those accounts are not accepting payments now, so the stimulus checks are bouncing back to the IRS.

“I want to know what the IRS is going to do. There appears to be hundreds of thousands of people filing through TurboTax and using the refund service. Now we’re all screwed. Every single one of us,” said Khyre Stuckey, a mom in Hummelstown, Pa.

Stuckey received the first payment into her credit union account without any problems last April, but now she is seeing the “status not available” message on the IRS website when she checks her account. It appears the IRS did attempt to send her money, but it did not go through. She was counting on the funding to help pay for a trip to Philadelphia for her daughter to see specialist doctors next week to try to figure out a health problem. Now the family isn’t sure how they will pay.

President-elect Joe Biden has indicated he wants to send most Americans $2,000 payments. If Democrats win control of the U.S. Senate, that is likely to be enacted, but these latest payment delays raise questions about how quickly that money could go out, especially in the midst of tax filing season which runs from about mid-January to April 15.

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