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The IRS has introduced an online form for individuals who typically don't file tax returns to claim their coronavirus relief payment via direct deposit.
Most individuals don’t need to take any action to get their relief payment. If you've filed taxes in 2018 or 2019, or receive Social Security retirement, disability, or railroad retirement benefits, you should automatically receive the payment.
If you earned less than $12,200 in 2019 (or less than $24,400 for married couples filing jointly), or if you didn’t file taxes for 2019 for another reason, you need to use this IRS website to provide your banking details.
The online form creates a Form 1040 for the 2019 tax year and submits it to the IRS, allowing them to process your payment.
To fill out the form, you’ll need to set up a free account and provide details such as your date of birth, Social Security number, and address, along with your bank's routing and account numbers. If you want to claim the $500 payment for each eligible child, you’ll also need to enter the Social Security number or Adoption Taxpayer Identification Number for each child.
Alternatively, you can request to have your check mailed to you.
This IRS webpage contains all the details about the process. After submission, you’ll receive an email confirming your request, which you should keep until your payment is received.
Direct deposit relief payments are expected to begin the week of April 13. If you need to update your mailing address or bank account details, this form is not for you. The IRS will release a second tool next week to help you update your payment information.
