Yesterday we were introduced to the IRS website that allows tracking of your Recovery Rebate.
Feel free to share with all, due to the headcount size of this Rebate, there are certain to be numerous problems and backlogs i.e. The faster fixed the better!
Recovery Rebates Commence
Originally we were under the impression the $1200 Recovery Rebates were due near the end of April or early May….
Good news… with a sampling of just under 20 people yesterday, the Recovery Rebates are out!
If you think you are due a rebate and have electronic instructions on file, we suggest you check your bank account first to see if there was a deposit yesterday!
If you did not, or are uncertain if you are receiving a Rebate… you may check the attached website…. BE CAREFUL … make sure you link to the correct site as it will ask for a Social, DOB, address and zip… all of which in bad hands can cause trouble…
Here is the site.
https://www.irs.gov/coronavirus/get-my-payment
Normally we would hot link to this site, but we do not want your browser to accidentally grab the incorrect information or someone jump in front of our link.
Make sure you are on the correct site… looks like this…. note the web address
Again, with about a 20 person sample (we know, small but wanting to get this to you fast fast fast) we had a 20% problem rate. All problems were due to bad bank instructions on file.
Again, be careful…but if you have troubles, it may be worth checking as there are certain to be a backlog of problems causing delays in the future!
Have a Great “Recovery Rebate Check” Day!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
jkfinancialinc
street-cents
Here is the site from the IRS
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