this is the latest update on the IRS economic stimulus checks the IRS tweeted on Saturday that they began processing the stimulus check money god Bless America I thank God many of you if you have credit unions you've already received the stimulus check money many of you see it in your bank accounts as pending the majority of you who have provided a 2018-2019 tax return with the banking information for a direct deposit should have that posted to your accounts before the end of the week this is great if you did not receive your stimulus check money
and you did provide a 2018 or 2019 tax return with your bank information then there will be the check stimulus check payment tool check your stimulus check payment tool by the end of the week by Friday that tool is on the IRS website I'll leave the link below according to the House Ways and Means Committee this is the schedule the IRS will make about 60 million payments to Americans through direct deposit this week ten days after the first round of payments the IRS plans to make a second run of payments these payments will be made
to Social Security beneficiaries who did not file tax returns in 2018 or 2019 then in the first week of May the IRS will begin issuing paper checks to individuals they're gonna start cutting the paper checks from the people who have lower incomes all the way up so based off how many checks that they can literally and physically cut per day you might be waiting up to five months to receive your physical stimulus check therefore if you don't want to be waiting in that life if you want to be waiting 1 2 3 4 5 months
then I encourage you to use the web portal tool to add your banking information for the stimulus check to be deposited rather than waiting for a stimulus check that tool will be available by or before it'll be available by this Friday so I'll leave a link for that below that goes to the IRS website that's top date as of today so I'm very happy to report that some people have already received their money and the majority of you will receive your money by the end of this week thank God okay I'm gonna be posting the
updates about the PPP loans that forgivable loans and the EDL loans that's for another video but thanks so much for tuning in please subscribe I'll see you in the next video take care
