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Your Stimulus Payment Could Get Delayed If You Don't Do This


In case you missed the memo, President Trump recently signed a $2 trillion stimulus package into law that includes, among other provisions, a one-time payment worth up to $1,200 for Americans whose incomes fall below a certain threshold. Given the number of people who are unemployed because of the COVID-19 crisis, that lump sum could serve as a lifeline, making it possible to pay bills and put food on the table at a time when money may be extremely tight.

The IRS is expected to make some of those stimulus payments as early as the week of April 13, which is good news for those who really need the money. But unfortunately, a large number of Americans may have to wait up to 20 weeks to get their hands on that cash.

IMAGE SOURCE: GETTY IMAGES.

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Source Fool.com


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