May 7 2021
12:41 PM
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What to Do If You Haven't Received Your $1400 Stimulus Check

   March 23, 2021 7:41 AM
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by The Oregon Herald Staff

Where is my third stimulus check? Direct Deposit for third Stimulus check
An estimated 90 million people have already received their portion of the third round of stimulus checks approved as part of the American Rescue Plan Act of 2021. The vast majority of those checks were sent out Wednesday morning as the IRS finalized that date as when the payments would be made for the first wave of checks.

The U.S. government has sent about 90 million $1,400 stimulus checks but perhaps you have not received yours and you're worried you may not receive it. You are asking, "Where is my money?"

The IRS and Treasury Department sent the first batch of stimulus checks of more than $242 billion.

The $1,400 stimulus payments were authorized by Congress and President Joe Biden earlier this month. This time, the payments are as much as $1,400 per person, as well as $1,400 per child or adult dependents.

However, not everyone has received their $1,400 per-person checks. There are several reasons that could be causing a delay in payment processing. If you are unsure of when you can expect to receive your check, the IRS "Get My Payment" tool is available to give you an estimate. It can also tell you some of the issues that need to be resolved before you can receive your check. However, millions looking at this page are being told the government does not have enough information. This was a problem last time and it appears no one has fixed this or found a competent person to write a good excuse. Blame it on whomever is in charge. It caused needless worry and the lack of real information on the "Get My Payment" page is embarrassing for president Joe Biden. We thought he's be better than Trump. But it looks like in this respect, the president and the IRS just can't seem to get their act together.

There are no good answers other than the standard words written by uncaring or lame bureaucrats.

We emphasize with you. So all we can do here at The Oregon Herald is tell you what we have learned, and that's not much.

Here is a look at some of the reasons why your check may not have arrived just yet:

You no longer qualify because of your income.

Lawmakers eventually agreed that single tax payers needed to earn less than $75,000 on their latest tax filing in order to receive the full $1,400. Those who earned between $75,000 and $80,000 saw their checks diminish by $100 per $1,000 over $75,000. Single tax payers who earned over $80,000 received nothing.

Couples who earned under $150,000 combined were eligible for full checks as well. However, if couple earned more than $160,000 combined, they received nothing.

Your 2020 taxes haven't been processed yet or you haven't filed in two years.

Because the financial threshold for receiving a check is based on your latest tax return, it's possible the government hasn't sent your payment yet because it is processing your 2020 return. Those who've already filed for 2020 may see a delay in their stimulus check because the IRS is reviewing your latest information to determine exactly how much you will receive.

If you did not file taxes for 2019 or 2020, that could also delay your payment, even if you don't usually have to file a return. That doesn't mean you won't receive a payment, but that lack of a tax return could be causing the delay keeping you awake at night, and sweating it out while you're awake.

You aren't receiving the money via direct deposit

While millions of Americans received their money through direct deposit at their bank, many others will receive their funds via a paper check or a prepaid debit card. Those checks and cards will be sent out to you directly, but may not have been sent yet.

It's also possible your money is being sent that way because there was an issue with your bank account. Banks can reject the funds if you've closed the account the previous checks went to, or if some of your information was incorrect.

You are also unable to change bank account information used for the first two rounds of stimulus. You will still be able to receive your money, but it will come in the mail and not direct deposit if you have bank issues.

You're in one of the next waves

The IRS says it's sending out the money in waves, so while some 90 million checks have already been sent, there are still millions more that need to go out. It's unclear when the next full wave of money will be released, but the IRS says it will be done in a timely manner.

A debt collector has the right to take the money

Unfortunately for many, when the bill was passed, Democrats did not include language in the procedural rules that would shield the stimulus money from being taken by a debt collector. That means that even if you qualify for the check, your bank may not put all of the money into your account.

This specifically hurts people with unpaid medical or credit card bills who also have a court-ordered judgment against them. Under law, if a creditor has sued for outstanding debt and a court order is in place for garnishment, banks are required to comply and turn the funds over to the creditor.

So if your garnishment is for $800 and you are scheduled to receive the full $1,400, you may only see $600 go into your bank account. Lawmakers are hoping to fix the issue with legislation that would shield the money, but it could be too late for many Americans.