My husband and I pay taxes. Where is our stimulus check?

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Q. My husband and I file income taxes every year and we owe money, so we send a check with our tax form. Why did we not receive our stimulus check?
— Waiting

A. For starters, whether or not you qualify depends on your adjusted gross income level.

Married couples who earn up to $150,000 qualify for $2,400, while those earning up to $198,000 will get a partial payment. If you earn more, you won’t get a benefit.

Singles would get $1,200 if they earn up to $75,000, and those who earn up to $99,000 would get a partial benefit.

The timing is the issue for many.

If you mailed a check to the IRS to cover your taxes, the agency may not have your direct deposit banking information on file.

Many of those for whom the IRS has banking information have already been paid.

For people in your situation, the IRS has a tool on its website that will allow you to enter your banking information. The IRS has created a deadline of May 13 at noon, so you need to hurry.

If you’re unable to get to the tool in time, you will eventually be mailed a paper check.

The IRS is following a schedule where it sends five million checks a week, starting with the lowest income Americans. It will continue to make payments through early September, it said.

Email your questions to .

This story was originally published on May 12, 2020.

NJMoneyHelp.com presents certain general financial planning principles and advice, but should never be viewed as a substitute for obtaining advice from a personal professional advisor who understands your unique individual circumstances.

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