Experts say it could take months for everyone to get checks from the coronavirus relief bill — with certain people possibly having to wait until after they file their taxes next year.
Brendan Smialowski/AFP via Getty ImagesThe Internal Revenue Service's headquarters in Washington, D.C.The Internal Revenue Service is under huge pressure to quickly disperse the $1,200 payments promised to most people in the $2.2 trillion coronavirus relief bill. Experts say it could take months for everyone to get checks — with some people possibly waiting until after they file their taxes next year.
The remaining 90 million, along with millions more would have to wait for deposits in the mail, which takes time. But the headaches don't stop there. "I wouldn't counsel anybody to call in," Everson said."You're not going to get through on the phones." Olson says the IRS workforce has been badly depleted through budget cuts and further reduced as the agency tries to comply with CDC mandates for social distancing to help slow the spread of Coronavirus.
Olson says many low income taxpayers and people without bank accounts get their refunds through pre-paid debit cards. Those debit cards likely are no longer active but the account data may still be on file with the IRS. If relief payments go to those cards, those taxpayers will have to go through a process of working that out with the IRS.
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