US IRS rolls out first batch of COVID-19 stimulus payment
- Processing of the first batch of stimulus payments began on Friday, Treasury department official said
- The payments, in tune of $1,400 per person, were included in the $1.9 trillion COVID-19 relief package
- The White House had said on Thursday that payments would go out as soon as this weekend
US President Joe Biden’s COVID-19 stimulus is already in action with people already seeing the latest round of payments hitting their bank accounts, as the first batch of funds is rolled out, US media reports said.
Processing of the first batch of stimulus payments began on Friday and more will roll out in the “coming weeks,” an official with the Treasury Department was quoted as saying by CNN.
The payments, in tune of $1,400 per person, were included in the $1.9 trillion COVID-19 relief package signed by President Biden earlier this week.
Also read: Watch | US Congresswoman Alexandria Ocasio-Cortez explains COVID stimulus package
The White House had said on Thursday that payments would go out as soon as this weekend for those who have their direct deposit information on hand at Treasury and the Internal Revenue Service (IRS).
Direct deposits are slated to go first, followed by paper checks and prepaid debit cards going out before the end of the month, CNN said.
People can check the status of their payments using the IRS’ Get My Payment tool online from Monday onwards.
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