Treasury announces that over 80 million will receive economic impact payments

Federal Issues Covid-19 Department of Treasury

On April 13, the U.S. Department of the Treasury announced that it expects over 80 million Americans will receive Economic Impact Payments within the next two weeks, with tens of millions receiving direct deposit payments into their bank accounts by April 15. Additionally, the IRS will separately launch an online application called “Get My Payment” that allows taxpayers who filed in 2018 and 2019 but did not provide bank account information to submit direct deposit information for purposes of expediting their payment.