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12 million low-income people could miss out on stimulus payments
Read full article: 12 million low-income people could miss out on stimulus paymentsThere are about 12 million low-income people who are at risk of missing out on the federal government's stimulus payment program because they don't have to file taxes, according to an estimate from the Center on Budget and Policy Priorities. More than 4 million people have used the non-filer tool to get payments so far, according to the House Ways and Means Committee. On June 3, the IRS said it had sent money to all eligible Americans for whom it had the necessary information, totaling 159 million payments worth $267 billion. Most were directly deposited into people's bank accounts, but about 35 million people were sent paper checks and another 4 million were sent pre-paid debit cards in the mail. But the Ways and Means Committee has estimated that there are about 30 to 35 million payments that still need to be made.
Still havenāt gotten your stimulus check? Some things you can check on in the meantime
Read full article: Still havenāt gotten your stimulus check? Some things you can check on in the meantimeImportant question: Have you gotten your stimulus check yet? In fact, most people donāt need to take any action, and will automatically receive the payment. Letās talk through the tools available to investigate what might be holding up your check, prepaid debit card or direct deposit. Youāre eligible for the Economic Impact Payment, right? Hereās a detailed list you should triple-check just to make sure youāre eligible for the payment, and see how much you should receive.