Thanks James
On Thu, Apr 2, 2020 at 12:57 PM <james_hooper@xxxxxxxxxxxxx> wrote:
Here is some updated news from ms n b c--
The first Americans to get
relief payments
from the government under the
coronavirus legislation
signed into law last month won’t see the money until at least the week of
April 13, according to new estimates from the Trump administration provided
to
House Democrats and outlined in a memo circulated this week by Democrats
on the House Ways and Means Committee.
Many people who don’t have direct deposit information on file with the IRS
might have to wait months to get the money.
The memo, obtained by NBC News, says that Americans who have their direct
deposit information on file will receive their payments in mid-April,
"likely"
the week of April 13. The document estimates that about 60 million
Americans will receive checks at that point.
About three weeks after those deposits go out, the IRS will start issuing
paper checks, likely the week of May 4, according to the memo. The office
that
issues paper checks can process about 5 million checks per week, so it
could take 20 weeks – nearly 5 months – to get them all out.
The office will process paper checks for the lowest-income Americans first.
The memo also notes that people on Social Security won’t have to do
anything to receive their payments – the rebate will be sent to them just
as their
Social Security checks are.
