How to Check the Status of Your Economic Impact Payment (EIP) from the IRS

By
Services for Real Estate Pros with Richardson Accounting and Tax

The IRS is recommending everyone to use their Get My Payment (GMP) system on the IRS website to check the status of an Economic Impact Payment (EIP). The website will show the status of the first and second Economic Impact Payment (EIP) as well as how the payment was paid. For instance, by direct deposit, check or debit card. It is not recommended to call the IRS. They are being inundated with calls and are understaffed due to the pandemic. Use this website to check your payment status:

 

https://www.irs.gov/coronavirus/get-my-payment

 

If you do not receive either the first or second Economic Impact Payment (EIP) or if what you receive is less than what you are entitled to under the program, you can claim the Recovery Rebate Credit on your tax return.

These websites have answers to questions about Economic Impact Payments (EIP):

 

https://www.irs.gov/coronavirus/get-my-payment-frequently-asked-questions

 

https://www.irs.gov/coronavirus/second-eip-faqs

 

Also, the IRS should mail you Notice 1444 and/or Notice 1444-B for your records relating to Economic Impact Payments (EIP) you received. They may be required when you file your tax returns, so keep them in a safe place.

Posted by

Howard Richardson

Enrolled Agent

IRS and State Tax Representation

(213) 545-1799

howard@hrichtax.com

http://www.hrichtax.com

Comments (2)

Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

What a great valuable post hope everyone reads it especially those in need. I am sad to see we are giving millions to other countries when we have our own who are in need, Endre

Jan 08, 2021 08:35 PM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Howard,

What a wonderful post in clarifying the next round of payments from the government.  A

Jan 09, 2021 11:02 AM