The IRS Has Started Issuing Coronavirus Stimulus Payments

The video discusses the U.S. government's $2.2 trillion Coronavirus relief package, detailing the direct payments to individuals and couples based on income levels. It highlights the IRS's efficiency in distributing payments compared to the 2008-2009 financial crisis. The video also explains the payment methods, including direct deposit and checks, and introduces a tracking tool for payment status. Qualifying individuals who don't file taxes can register on the IRS website to receive their payments.

How quickly did the current administration issue stimulus payments compared to the previous crisis?

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What should taxpayers who did not authorize direct deposit expect for their stimulus payment?

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