![]() There are some free websites that allow you to file your return electronically. If you haven’t yet filed your 2018 or 2019 tax return with the IRS, you should file either one electronically with the IRS (unless you are exempted as a social security benefits recipient as discussed below). If You Haven’t Filed Your 2018 or 2019 Tax Return If you have already filed your 2018 or 2019 tax return with the IRS with your correct direct deposit information, you don’t need to do anything more and you shouldn’t use the new online IRS tool discussed above. If You Have Filed Your 2018 or 2019 Tax Return With the Correct Deposit Information Otherwise the payment will be sent by mail and could be delayed for several months. How can you make sure you get this stimulus payment quickly if you do qualify? The key is for the IRS to have the direct deposit account information for your bank account. If you haven’t prepared your 2019 tax return, you can use your 2018 return to see if you meet the required income level. Above those income levels, the stimulus payment decreases until it stops altogether for single people earning $99,000 or married couples who have no children and earn $198,000. ![]() In order to qualify for the full amount, you have to have earned $75,000 or less in the prior year ($150,000 or less if married). As part of this new legislation, individual workers, independent contractors, gig workers, and freelancers are immediately entitled to receive a onetime $1,200 payment ($2,400 for married couples) from the IRS, plus an additional $500 per dependent 16 years or younger. ![]() In late March, the federal government passed the CARES Act in response to the coronavirus crisis. It is important to double-check that you have entered the correct numbers, as entering an incorrect number could result in a 4-6 week delay of payment. © WASHINGTON STATE EMPLOYMENT SECURITY DEPARTMENT Be sure to include your routing number and account number, as seen in the example above. ![]()
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