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How to Get Your Stimulus Money from the CARES Act

Authored By: Atlanta Legal Aid Society, Inc. LSC Funded
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As part of the CARES Act, you may get a payment from the federal government. This money is called an “economic impact payment.”

 

If you made under $75,000/year you will get the full payment.

 

The full payment is $1200 for an individual plus $500 for each dependent child.

 

If you filed your 2018 or 2019 income taxes or you get Social Security or railroad retiree benefits you probably do not have to do anything to get your payment. Beware of scams from companies saying they can help you get your payment.

 

The IRS announced on March 30 that payments would begin in the next 3 weeks.

 

If your federal tax return or benefit is directly deposited, your payment will be deposited automatically in the same bank account.

 

If the IRS does not have your direct deposit information your payment will be mailed to you unless you provide your bank information.

 

If you did not file a tax return in 2019 or 2018 AND you do not get Social Security or railroad retiree benefits, you will have to file a tax return to get a payment.

 

This is true even if you do not usually have to file a tax return.

 

Visit irs.com/coronavirus for more information. Learn more at GeorgiaLegalAid.org

Last Review and Update: Jun 23, 2020