Ever since the stimulus money started getting deposited into Americans’ accounts last week, over 100 million people have received their stimulus amount. However, there are many more that have not yet received their money yet. I have received over a thousand comments/e-mails/messages since I first posted about the stimulus money from people that haven’t received it so I dug some more and wanted to put things all in one post about what happens if you didn’t get your stimulus money yet.
What Happens If You Didn’t Get Your Stimulus Money Yet?
Three IRS Links to Use
First, Do You Qualify?
Before we get into where your money is, take a quick look using the calculator below to see if your income qualifies you to get some of the stimulus money and how much.
This calculator was developed by Maciej Kowalski, PhD candidate and Jasmine J Mah and available at Omni Calculator
Next, rememberer that you will not qualify if you are claimed as a dependent on someone else’s tax returns and are 17 years of age or older.
Check the IRS Get My Payment Tool
The IRS has uploaded a Get My Payment tool that will let you check if your information is correct and let you put your information in. If you have a filing requirement and have not filed a tax return for 2018 or 2019, you must file a 2019 tax return to receive the payment.
If you are not required to file a 2018 or 2019 tax return, visit Non-Filers: Enter Payment Info Here.
If you are receiving the “Payment Status Not Available” message, here is why the IRS says you may be getting it:
- If you are not eligible for a payment (see IRS.gov on who is eligible and who is not eligible)
- If you are required to file a tax return and have not filed in tax year 2018 or 2019.
- If you recently filed your return or provided information through Non-Filers: Enter Your Payment Info on IRS.gov. Your payment status will be updated when processing is completed.
- If you are a SSA or RRB Form 1099 recipient, SSI or VA benefit recipient – the IRS is working with your agency to issue your payment; your information is not available in this app yet.
That last line is very important as many of the people contacting me have been in those categories. Since your information is separate from the IRS, your information is still being uploaded to the tool. This means that you will need to check but do not check with the tool more than once per day. The information is only uploaded by the IRS once each day and checking too many times can lock you out.
Note for SSI or VA Recipients
If you receive SSI or VA benefits, have a child under the age of 17, and you did not file tax returns in 2018 or 2019, you will need to fill out the Non-Filers form to add your child and receive the $500 benefit for each child.
Why Didn’t I Get the Money Deposited Into My Account?
If the IRS does not have your bank account information from a previous return, they will be sending a check unless you update your information using the IRS Get My Payment tool.
But, if you have filed for 2019 and your bank account information is on that return, keep in mind that all paper returns are currently not being processed. It means that the IRS may not have gotten to your information and uploaded it yet.
If the IRS sends you a check, they will be sending out the checks in the order in the section below.
What Happens if the IRS Sends the Money to the Wrong Bank Account?
About 15 days after the IRS sends you your money, you will get a notice from the IRS. On that notice will be what to do if the money goes to the wrong account. In some cases, the receiver may no longer have that particular bank account or may have moved.
From the IRS: The letter will provide information on how the payment was made and how to report any failure to receive the payment. If a taxpayer is unsure they’re receiving a legitimate letter, the IRS urges taxpayers to visit IRS.gov first to protect against scam artists.
Unfortunately, it does mean that you will have to wait until more than 2 weeks after your money has gone out – if it goes to the wrong account. You can always check the Get My Payment tool to see the last 4 digits of the account it was deposited into.
One Thing for Those Who Do Not Need to File Tax Returns
The Get My Payment tool may not work for you. In those cases, you will need to enter security information to confirm who you are. Do not worry about that but do make sure you fill out this IRS page for Non-Filers.
When Will I Receive My Stimulus Check?
The date in each column is that particular week so they will be in the mail during that week. All amounts are for Adjusted Gross Income amounts.
- $10,000 – $20,000 | May 1
- $20,000 – $30,000 | May 8
- $30,000 – $40,000 | May 15
- $40,000 – $50,000 | May 22
- $50,000 – $60,000 | May 29
- $60,000 – $70,000 | June 5
- $70,000 – $80,000 | June 12
- $80,000 – $90,000 | June 19
- $90,000 – $100,000 | June 26
- $100,000 – $110,000 | July 3
- $110,000 – $120,000 | July 10
- $120,000 – $130,000 | July 17
- $130,000 – $140,000 | July 24
- $140,000 – $150,000 | July 31
- $150,000 – $160,000 | August 7
- $160,000 – $170,000 | August 14
- $170,000 – $180,000 | August 21
- $180,000 – $190,000 | August 28
- $190,000 – $198,000 | September 4
I understand these are extremely stressful times and I feel very badly for all of you who are still waiting for this assistance. Hopefully, this post will give you some information that will help you determine what is going on.
If you have not yet received your money yet and you are eligible, it will just be a waiting game. Keep checking the Get My Payment tool every day or so to see if your information has been updated. If it has not, do not sweat it – if you are eligible, you will receive the money. It may just take a while.
Please keep in mind that I am not a financial professional but have been deep diving into all of this to help provide information in an easy way. So, feel free to leave a question and I will answer it if I know the answer! If not, maybe someone else can answer it!