IRS says it will start to send out coronavirus stimulus checks in the next 3 weeks

Alex Wong/Getty Images

• Stimulus payments will start to be sent out in the next three weeks, the Treasury Department and the Internal Revenue Service announced. 
• The payments will be available for the entirety of 2020.
• The IRS will also be creating an online portal for qualified Americans to input their bank information so they receive their funds faster than waiting on a check in the mail. 
• Visit Business Insider's homepage for more stories.

Americans who qualify for economic impact payments from the coronavirus stimulus bill will receive their fund in the next three weeks, the Treasury Department and the Internal Revenue Service announced on Monday. 

In a statement, the IRS said most people would not have to do anything to receive their payments. People who don't typically file tax returns will need to "submit a simple tax return to receive the stimulus payment." 

See the rest of the story at Business Insider

NOW WATCH: WeWork went from a $47 billion valuation to a failed IPO. Here's how the company makes money.

See Also:

• These are the 10 best Super Mario games — and there's never been a better time to play them
• Take a look inside an abandoned New York City quarantine island that once housed Typhoid Mary and almost no one is allowed to visit
• How the 2020 MBA class can make itself marketable in the middle of any crisis, from a Columbia dean who guided students through the Great Recession and turned anxiety into action

from Business Insider https://ift.tt/2JtdBgk