The Treasury Department and the IRS will begin distribution of money to tax payers to assist with the financial strain COVID-19 is putting on you. Distributions will be automatic for most folks. However, if you typically don’t file a tax return, you will need to submit a simple one to receive the economic payment.
There are limits to how much you’ll get based on how much your adjusted gross income is, your marital and filing status, and your number of dependents. The IRS provides Frequently Asked Questions to assist you.
The IRS has created a resource to update your information to receive your economic impacet payment as well as issued information for non-filers on how to register for Economic Impact Payments.
