How To Check Your Stimulus Payment Status In New York
NEW YORK — The latest round of stimulus checks are beginning to arrive in some New Yorkers' bank accounts, and there is a way to check when your payment could arrive.
The Internal Revenue Service and Treasury Department announced Dec. 29 that they would begin delivering a second round of Economic Impact Payments as part of the Coronavirus Response and Relief Supplemental Appropriations Act of 2021 to Americans who received the first round beginning last April.
Direct deposit payments were to begin late last week, the IRS said, and paper checks began being mailed Wednesday.
Officials said most people receiving the stimulus checks will be receiving them via direct deposit. Social Security and other beneficiaries who got the first round of payments via Direct Express will receive the second payment the same way.
The IRS said that anyone who received the first round last year but doesn't receive payment via direct deposit will likely receive a check or, in some instances, a debit card. For those in this category, the payments will conclude in January.
People can check the status of both the first and second payments by using the Get My Payment tool. To access the information, you will need to provide your Social Security number, date of birth and your address and ZIP code.
The Get My Payment tool will let you confirm that both your first and second stimulus payments were sent and whether they were deposited directly or mailed.
The IRS said the data is updated once per day overnight, so there's no reason to check more than once a day.
How Much Will You Receive?
Most people who make under a certain amount will receive a one-time, non-taxable payment of $600. Full payments will go to those who meet the following thresholds for adjusted gross income: $75,000 for single filers, $112,500 for heads of household, and $150,000 for those married filing jointly.
Dependents under age 17 are also eligible to receive $600 checks, and there's no cap on the number a household can receive, according to the Tax Foundation. For example, a single person who earned $50,000 in 2019 and has four children under 17 will be eligible for a $3,000 payment.
The payments phase out entirely at $87,000 for single filers with no qualifying dependents and $174,000 for those married filing jointly with no qualifying dependents.
Here is a calculator to help you estimate on how much you could receive in a second stimulus check based on income, filing status and number of dependents.
This article originally appeared on the Bedford-Katonah Patch
