3 Messages You Receive On The Get My Payment App

To our valued clients,

The Get My Payment web application launched yesterday on the IRS website. This app was designed to allow taxpayers, who filed their tax return in 2018 or 2019 but did not provide their banking information on either return, to submit direct deposit information. Once you have, you will get your Economic Impact Payment deposited directly into your bank account, instead of waiting for a check to arrive in the mail. “Get My Payment” also allows taxpayers to track the status of their payment.

After you provided basic personal information, the IRS tool is designed to let you know when you will receive payment. If you need to add you bank accounting information you will need to provide the following additional information:

Your Adjusted Gross Income from your most recent tax return submitted, either 2019 or 2018
The refund or amount owed from their latest filed tax return
Bank account type, account and routing numbers

The Get My Payment app will display one of the following payment statuses:

1. Payment Status (one of two statuses) –

A payment has been processed, a payment date is available, and payment is to be sent either by direct deposit or mail.
You are eligible, but a payment has not been processed and a payment date is not available.

2. Need More Information – You are eligible for a payment, but we do not have your direct deposit information. You will be given the opportunity to provide your bank information once you have properly verified your identity. Direct Deposit is the fastest way to get your EIP.

3. Payment Status Not Available – We cannot determine your eligibility for a payment at this time. For example, you didn’t file either a 2018 or 2019 tax return, or you recently filed and the return has not been fully processed.

If a payment date is not provided, updates to your payment status are made no more than once per day so you may continue to check back.

Why would you receive the Payment Status Not Available?

According to the IRS FAQ page, “you may receive this message for one of the following reasons:

If you are not eligible for a payment (see IRS.gov on who is eligible and who is not eligible)
If you are required to file a tax return and have not filed in tax year 2018 or 2019.
If you recently filed your return or provided information through Non-Filers: Enter Your Payment Info on IRS.gov. Your payment status will be updated when processing is completed.
If you are a SSA or RRB Form 1099 recipient, SSI or VA benefit recipient – the IRS is working with your agency to issue your payment; your information is not available in this app yet.”

You may find additional information by visiting the IRS Economic Impact Payment Information Center.

Due to high demand, this site may be slow, and we encourage you to have information readily available to enter into the site.

Please call your trusted Machen McChesney advisor if you have any questions.

Best Regards,

Martin D. Williams, CPA,
Managing Partner
Machen McChesney, LLP