IRS Launches “Get My Payment”

Written by Eric Beepat

I started my career working for leading global accounting firms and moved on to other jobs in accounting, audit and consulting. Along the way, I developed an interest in real estate and became a realtor to help people to the path of home ownership. You can find me doing real estate at http://hudsoncountynjliving.com. Although, I am still currently a Realtor, having my CPA and seeing the need to help individuals and small business led me to open my own CPA business. What qualifies me to do so? Besides being a CPA, my parents have had multiple small businesses throughout the years.  They still have a small business even to this day, and I have been helping them navigate through business and tax world.  I want to extend my financial skills for my community. I am hopeful that the firm will serve a need that will always be there and can be quite complicated – tax and accounting.

IRS: Get My Payment Portal

The IRS “Get My Payment” Portal is now active. It allows taxpayers to give the agency direct deposit information for their bank accounts if they didn’t include it on their 2018 or 2019 returns. Treasury and IRS officials are hoping to get the stimulus payments to as many people as possible through direct deposit to avoid delays.

The Purpose of the Portal

The Get My Payment portal will also allow people to track the status of their payments.  This application will give you information about:

  • Your payment status
  • Your payment type

Whether the IRS needs more information from you, including bank account information (account number, routing number, etc.)

You May Need:

  • Your 2019 return, if filed, and
  • Your 2018 return

You want to avoid any reason to get a paper check if you need the money as we are hearing that it could take months to get paper checks from the IRS.

Link to IRS “Get My Payment” Portal:

https://www.irs.gov/coronavirus/get-my-payment

If you are looking to get the most out of your tax return, visit my tax planning page to schedule a call with me for more valuable information.  

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