By — Associated Press Associated Press Leave a comment 0comments Share Copy URL https://www.pbs.org/newshour/nation/irs-deposits-first-economic-support-payments Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter IRS deposits first economic support payments Nation Apr 11, 2020 9:11 PM EDT WASHINGTON — The IRS says the first economic support payments stemming from the coronavirus outbreak have been deposited in taxpayers’ bank accounts. In its tweeted announcement Saturday night, the IRS didn’t say how many taxpayers have received the payments or how much money has been disbursed so far. The tweet says: “We know many people are anxious to get their payments; we’ll continue issuing them as fast as we can.” #IRS deposited the first Economic Impact Payments into taxpayers’ bank accounts today. We know many people are anxious to get their payments; we’ll continue issuing them as fast as we can. For #COVIDreliefIRS updates see: https://t.co/hEEWmgHA9V pic.twitter.com/2bSHOTjMAS — IRS (@IRSnews) April 11, 2020 The payments are part of the $2.2 trillion rescue package passed by Congress and then signed into law last month by President Donald Trump. Anyone earning up to $75,000 in adjusted gross income and who has a Social Security number will receive a $1,200 payment. Parents will also receive $500 for each qualifying child. The payment steadily declines for those who make more. We're not going anywhere. Stand up for truly independent, trusted news that you can count on! Donate now By — Associated Press Associated Press
WASHINGTON — The IRS says the first economic support payments stemming from the coronavirus outbreak have been deposited in taxpayers’ bank accounts. In its tweeted announcement Saturday night, the IRS didn’t say how many taxpayers have received the payments or how much money has been disbursed so far. The tweet says: “We know many people are anxious to get their payments; we’ll continue issuing them as fast as we can.” #IRS deposited the first Economic Impact Payments into taxpayers’ bank accounts today. We know many people are anxious to get their payments; we’ll continue issuing them as fast as we can. For #COVIDreliefIRS updates see: https://t.co/hEEWmgHA9V pic.twitter.com/2bSHOTjMAS — IRS (@IRSnews) April 11, 2020 The payments are part of the $2.2 trillion rescue package passed by Congress and then signed into law last month by President Donald Trump. Anyone earning up to $75,000 in adjusted gross income and who has a Social Security number will receive a $1,200 payment. Parents will also receive $500 for each qualifying child. The payment steadily declines for those who make more. We're not going anywhere. Stand up for truly independent, trusted news that you can count on! Donate now