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Tomorrow Is the Deadline to Get Your Stimulus Check This Year


Image source: Getty Images.

When the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) authorized COVID-19 stimulus payments for struggling Americans in late-March, the IRS sprung into action. It distributed the funds to many Americans via direct deposit or check.

The agency used information from tax returns filed in 2018 and 2019 to find out who was eligible and where to send the money. It also got details about beneficiaries who don't necessarily file taxes from the Social Security Administration and Veterans Administration. Through these efforts, the IRS was able to reach most people and provide their payments.

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Source Fool.com


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