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Some people have already received an electronic transfer into their own bank accounts. Quite a few, who are set up for electronic transfer — already have — in fact. (I have seen at least ten Facebook posts, from friends who already have their money, right now.) It is an electronic transfer of funds. When they check their bank account, the name on from the sender states ”US TREAS.”These tend to be the Americans who have filed their income taxes electronically, for the year 2019, or in 2018 — and who specifically asked that the IRS send them a refund via direct deposit, and then they entered their own bank account information. Those also tend to be people who did not use a third party such as TurboTax, or H&R Block’s software. The IRS is using that same information, to try to transfer this new stimulus money directly — with no check.Most of those people now have their money. Right now. Many others, are receiving them today (April 15), and others on Friday (April 17). An electronic transfer, right into their own bank account. It is an electronic transfer of funds. The name on from the sender states that the transfer is from ”US TREAS.”[This answer is written on April 15, 2020, and actual results may be different, in couple of days., obviously.]For everybody else — those Americans are waiting, for a good, old-fashioned paper check — which will arrive in the good old-fashioned U.S. Mail. The United States Postal Service. This is the check which could have been mailed already, and which should have been mailed already and was originally scheduled to be mailed already, back on April 13, 2020 and throughout this week — but none have yet been mailed.Those checks are currently being destroyed.(Those checks were originally scheduled to be sent on April 13, and on April 15, and on April 19.) None of those checks were sent, or will be sent, on those dates.[This answer is written on April 15, 2020, and actual results may be different, in couple of days., obviously.]Why not, you ask? — A certain politician has slowed down the process, so those checks have not yet gone out. None of them have gone out. Not one has been mailed out (today is Wednesday, April 15, 2020, 10:44 pm, Central Time.). Nada. Zilch. Zero. None. Not a single check. A large group of Americans — yet most of whom who have been using electronic transfer — have already received their money, right nowNo paper checks have been mailed, though. Not one.Those waiting on their check in the mail — gulp — not so much.That certain politician (I suspect you know his name) is running for office, this November — and he quietly, and secretly — ordered that his name be imprinted on each and every check. That certain politician ordered his Treasury Secretary (a member of his own cabinet) — to re-print those checks. That certain politician is running for office this November, and he wants you to believe that the check is coming from him. Personally. That check is not coming from him.That politician held up the checks. This happened sometime late last week, on last Thursday and last Friday.Legally — That check is not coming from him. That check is coming from the United States Congress — who voted to authorize it. (If you recall, Congress authorizes all $$, and the president does not. The president cannot authorize the money, the president cannot authorize sending you a single penny — that comes from Congress. (That is upper-elementary school stuff, or “SchoolHouse Rock” basics, or the United States Constitution stuff. The basics, of how government works.) —You remember that, right? Congress spends the money, not any president.But, that dude in the White House held up the printed checks, so he could pretend that these checks are coming from him. Not from Congress. From him. He told the Secretary of the Treasury that all of the checks must have his own name on them. That certain politician wanted his own signature imprinted on the check… in the signature line.There was a bit of a legal dispute, when those legal experts in the IRS pointed out that this was not technically legal, since Donald Trump was not literally writing you a check, and that it was actually the US Congress that was doing it… So, Donald Trump then demanded that his name be prominently featured in such a way that it would appear that he was the “Santa Claus” giving out these “gifts.”(That politician also reportedly insisted the his name be featured prominently on the envelope that will be mailed out from the U.S.Congress, via the United States Treasury.)‘Cuz —- he wants you to “associate” that money with him. (Even though it is actually coming from Congress. Schoolhouse Rock. Congress has the purse strings. Remember? From fifth grade? Only Congress can actually spend money.)That politician, has an election coming up.That politician wants you to be naive enough to believe that he is sending you this check. Personally. He wants his name on the envelope. “The hell with the U.S. Treasury, the hell with the U.S. Congress, this is my personal gift to you!”That means, you have to wait awhile longer, since the printing presses at the United States Treasury have never printed a check with the name of a dude in the Oval Office… Never. Templates had to be revamped, even the actual printing presses had to be quickly revamped. Because, the valid checks from the U.S. Treasury have some hidden security features. (Much like your paper currency does, or your passport does.) So, the checks are being modified — to help the dude in the Oval Office try to win the election, this November… Really.[Trump supporter: “C’mere, Beulah! See! Look what a wonderful guy he is! $1200.00! This is better than Jeee-sus!”](Trump supporter — conveniently forgets that both Trump and Mnuchin promised they would have these same checks, 25 days ago.) “Praise Jeee-sus!”It is called “running for election.”And, it is also called “screw you,” and “be thankful for what you get… ya’ dumb rube.”

The fact that you cannot tell what specific amount belongs to you must mean that your job pays you either by direct deposit method or by wire transfer method.The best way to know exactly what amount belongs to you is by enrolling that bank account for online banking through the bank which you will be able to do so if you are an authorized user and during the online banking enrollment process you will be prompted to create a username and a password to log into that bank account eventually. Online banking helps you to view the account activity and Transactions so you will be able to view the amount of funds that your job deposited into your account. Usually, this type of transaction will have the name of the company you work for and somewhere it will say your name and that is the amount of money that belongs to you.In the example above, the name of the company is Paychex Inc and the activity payroll means direct deposit.This example of account statement shows the dates when the company performed direct deposit to deposit the funds of the employee into the bank account, the amount of money that was deposited.In this example, the name of the company is Rodlands Back and it happens every week.You will be able to view these types of statements once you enroll the bank account for online banking. After that, you need to log into the bank account on the date that the company pays you and you will be able to view the exact amount that the company deposited because bank statements online are updated everyday so you will view the most current updated information.

Those who filed with electronic deposit for refunds, or to pay an amount due, will receive their “rebate” check first.The checks that need to go through the mail require more people-power and will wait until we are on the other side of the peak.Social Security will provide information to the IRS about SSDI, SS Retirement, and SSI recipients who most likely do not have a need to file a return. The IRS considers the amount one receives on those SS checks as “earned income” for purposes of this rebate. The IRS will send the money to those recipients who did not file a tax return in 2018 or 2019 using the same method that the person gets their monthly SS check.No checks or direct deposits will process after 12/31/2020. However, that does not mean you will never get your “rebate.” When you file your return for 2020 in 2021, you will receive a $1200 credit. For those who received the “rebate” in 2020, you will enter the amount of that “rebate,” which reduces the credit. If you did not get the money, you enter $0 and get credit for the money then.The “rebate” is not subject to offset by the IRS or state taxing authorities, with very limited exceptions.Although Secretary Mnuchin says the first wave of deposits will go out in the third week in April, I believe he is too optimistic. Most of the IRS employees have evacuated, leaving very few people to oversee operations. I hope I am wrong. I am very familiar with how ginormous federal financial systems work. Making an out-of-cycle payment requires a bit more than a few keystrokes. They will have some dry runs on simulated systems and analyze the reports looking for anomalies. That sounds easy until you remember that there are potentially 331,000,000 in the US with between ⅓ and ½ receiving “rebates.” I suspect those dry runs will coincide with their current system of issuing refunds, which is every Tuesday and Friday. Ever notice your direct deposit from the IRS hits on a Thursday with a Friday date, or on a Monday with a Tuesday date? Now you know why. The one upside is that nearly ⅔ of refunds last year went via direct deposit. The latest stats I saw indicated that the number would be higher this year. So, it is highly likely that ⅔ of all “rebates” will go out between Tuesday and Friday the week they process the electronic deposit ones.For the paper checks, the US Post Office has also reduced its workforce. While the cases of “rebate” checks will get to the Post Office, there is a possibility of delays of three to seven days from the USPS.Like restaurant workers, store clerks, and other people with thankless jobs, we all need to remember to thank the IRS and USPS workers who are risking their lives to make your life a little more like normal. You cannot tip government workers or most retail clerks. You can, however, buy them a soda, candy bar, or another inexpensive snack. In other words, be thankful for the invisible workers for being there. Yes, I know that some people are off work with no pay, some jobs have vanished, and all of the other disastrous situations caused by this pandemic, but that does not mean that we have to ignore the ones still working.