How to Access Stimulus Check Tracker: What to Know About Website

More than 80 million Americans will see stimulus checks directly deposited into their accounts by Wednesday, the day the IRS is expected to launch a website that allows people to track their checks.

Those who don't see the funds in their account by Wednesday can check their status on the IRS website. From this webpage dedicated to Economic Impact Payments, people can scroll down to the box that says "Get My Payment." Until the "Get My Payment" page goes live, the box will appear gray.

Anyone who has filed a tax return for either 2018 or 2019 can identify themselves and provide their direct deposit information, according to Treasury Secretary Steve Mnuchin. Within several days, the appropriate amount of money automatically be deposited into the account.

"We want to do as much of this as electronically as we can," Mnuchin said during Monday's press briefing. "It's very important in this day and age, it's more secure, and you don't have to go to the bank."

Social Security recipients do not have to do anything, according to the treasury secretary, and their funds will be directly deposited. Those who haven't filed a 2018 or 2019 tax return can go to the IRS website, authenticate themselves and provide the government with their direct deposit information.

coronavirus stimulus check tracker payments irs
In this Photo Illustration, $20 bills sit in a wallet on August 29, 2017, in San Anselmo, California. On Wednesday, more than 80 million Americans should see stimulus checks deposited into their account, according to Treasury Secretary Steve Mnuchin, and those who don't can check their status on the IRS website on Wednesday. Justin Sullivan/Getty

Economic Impact Payments, commonly known as stimulus checks, were part of the $2.2 trillion stimulus package that was passed by Congress and signed by President Donald Trump. The amount to $1,200 for individuals making $75,000 or less, head of household filers making $112,500 and couples filing joint returns with incomes of $150,000 or less.

Individuals making between $75,000 and $99,000, head of households making between $112,500 and $136,500 and married couples filing jointly making $150,000 to $198,000 will receive a reduced payment. Those who are claimed as a dependent on someone else's return will not be eligible.

"We are very pleased that we are ahead of schedule," Mnuchin said on Monday. "We know how important that is to all those hard-working Americans, many of which are home not working at the moment."

Mitigating the outbreak caused states to close nonessential businesses and require millions of people to work from home, causing people to be laid off, furloughed or have their hours cut. In the week ending April 4, more than 6 million people filed for unemployment, according to the Department of Labor. The stimulus checks are intended to help offset some of the financial burdens of the outbreak,

People have criticized the one-time payment for not doing enough to help Americans who were suddenly out of work and President Donald Trump said he was open to another round of direct payments. "It is absolutely under serious consideration," Trump said at a briefing on April 6.

Coincidentally, Wednesday is also Tax Day, the deadline to file taxes. Well, it was the deadline. On March 21, the IRS announced that it was moving the due date for federal income tax filing and payments from April 15 to July 15 due to the new coronavirus outbreak.

However, those who are able to file their taxes were urged to do so as the IRS is still processing returns and sending refunds to those who qualify.