The Check is in Your Bank Account (or Mail)

Have you checked your bank account lately?

The Internal Revenue Service said over the weekend that it had deposited its first wave of coronavirus stimulus checks into the bank accounts of qualified Americans. 

The money is from the $2.2 trillion stimulus package passed by Congress that is aimed at keeping Americans and the economy afloat during the COVID-19 crisis.  Those who made less than $75,000 in 2019 are eligible for the full payment of $1,200.  The agency is starting with people who have provided banking information while filing taxes the past few years. People who haven’t used direct deposit will get checks by mail and that could take weeks or months.