Some facts for eligible taxpayers who need to- and haven’t- filed a tax return for 2018 or 2019
• Eligible taxpayers with a filing requirement who haven’t filed a tax return for 2018 or 2019 must file for 2019 to get an Economic Impact Payment.
• Taxpayers should file electronically and include direct deposit information to get their Economic Impact Payments faster.
• However, to add the $500 per eligible child amount to these payments, the IRS needs the dependent information before the payments are issued. Otherwise, their payment at this time will be $1200 and, by law, the additional $500 per eligible child amount would be paid in association with a return filing for tax year 2020.