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The Surprising Way You May Get Your Stimulus Payment


Millions of Americans have already received a stimulus payment that came as part of the $2 trillion CARES Act passed in March. Others, meanwhile, are still holding out for that money.

The IRS made it clear that if it had bank account details on file for direct deposit, it could send out those stimulus payments quickly starting in April. Anyone who received a refund for a 2018 or 2019 tax return by direct deposit wasn't required to do anything to have the same thing happen with a stimulus payment. Meanwhile, the IRS created an online tool that allowed Americans who hadn't gotten a recent refund to register their bank account information to expedite their stimulus payments.

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Source Fool.com


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