Menu
The Unemployment
  • Information About Stimulus Check
  • Unemployment by State
    • California Unemployment
    • Florida
    • South Carolina
    • Michigan Unemployment
    • Pennsylvania
    • Georgia
    • Texas
    • Oregon
    • New York
    • Massachusetts
    • Maryland Unemployment
    • Colorado
    • Indiana
    • Kansas
    • Ohio
    • Tennessee
  • PUA news
  • Contact
  • Legal Info
    • Cookies Policy
    • Legal Advice
    • Privacy Policy
The Unemployment
IRS releases second stimulus check direct deposits that were pending

IRS releases second stimulus check direct deposits that were “pending”

Posted on by

Finally! Recipients of the second stimulus check sent by the Internal Revenue Service (IRS) a week ago who had direct deposits of money listed as “pending” and “provisional” can now use the funds.

On Monday, the IRS released the money for recipients to use. That date is the official payment date, the agency said.

“Some Americans are going to see direct deposit payments as outstanding or provisional checks on their accounts before the official payment date of Jan. 4, 2021,” the tax collector’s office warned.

January 4 is the date when the federal Treasury Department officially transfers the funds to the institutions that credit the funds to the independent accounts.

After that date, however, the IRS will continue to process payments electronically and by other means.

In a statement that day on its website, the office states: “Direct deposit payments may take several days to post to individual accounts. Some Americans may have seen direct deposit payments as pending or interim payments on their accounts before the scheduled payment date of January 4, 2021, which is the official date that funds are available.

Some users on social networks such as Facebook have been complaining that even though the second stimulus check appeared to be deposited into their accounts, they were unable to withdraw the money or perform transactions with the funds.

Problem solved?

But, as of this week, recipients are not supposed to experience any major inconveniences.

The IRS in coordination with the Treasury began the process of distributing the second round of payments last Tuesday with the first electronic transfers to bank accounts.

At least 100 million people are supposed to receive the payment to their bank accounts. The IRS also processes millions of paper checks and a minimum amount of payments in the form of a debit card.

Payments of $600 per individual and the same amount for each dependent

The Supplemental Appropriations in Response and Relief Act of 2021 provides for payments of $600 per individual and the same amount for each dependent under age 17.

Those who earn more than $75,000 a year, for singles, or $150,000, for married couples, will receive less than $600, in proportion to their income. Every $100 earned above those thresholds is $5 less in the check.

The federal government has until January 15 to send out the second “Economic Impact Payments.

Eligible individuals who do not receive the incentive by that date must apply for the disbursement as a credit on their next tax return.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • Accesing OhioMeansJob and Logging Into Your New Account
  • Filing Your Weekly Unemployment Benefits
  • Viewing Notices, Determinations & Filing Apeals
  • Logging Into Your Account
  • How to Apply for Unemployment Insurance

WELCOME!

Welcome to The Unemployment website. On this website you will find everything you need for people who are unemployed.

We are not an official source of unemployment, we only provide information and do tutorials for those who do not know how to do the following:

  • How to file an initial claim according to your state
  • How to File a Weekly Unemployment Claim
  • How to File a PUA application
  • More help

We love to inform and help the people who need this help the most. We want to remind you that we are NOT an official website about the unemployment, we only provide you with the information you need and practical guides so that you know what to do in your situation.

Without further ado, we invite you to investigate this website and verify everything you need to know!

©2023 The Unemployment |
This website uses cookies. Okay? ACCEPTRead More
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT