In this stimulus update for April 27 I go over the Trump stimulus letter as well as answer several viewers' questions pertaining to the Get My Payment Tool.
The stimulus I am referring to is the CARES Act that was signed into law on March 27, 2020.
The information I am sharing is current as of the morning of April 27, 2020.
However, the government is changing its mind on the stimulus on an almost daily basis, so any information stated in this video may change tomorrow.
Full Text of the Trump / IRS Stimulus Letter that is sent up to 15 days after your stimulus payment has been sent:
THE WHITE HOUSEWASHINGTON
Your Economic Impact Payment Has Arrived
My Fellow American:Our great country is experiencing an unprecedented public health and economic challenge as a result of the global coronavirus pandemic. Our top priority is your health and safety. As we wage total war on this invisible enemy, we are also working aroudn the clock to protect hardworking Americans like you from the consequences of the economic shutdown. We are fully committed to ensuring that you and your family have the support you need to get through this time.
On March 27, 2020, Congress passed with overwhelming bipartisan support the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), which I proudly signed into law. I want to thank the United States House of Represenatives and the United States Senate for working so quickly with my Administration to fast-track this $2.2 trillion in much-needed economic relief to the American people.
This includes fast and direct economic assistance to you.
I am pleased to notify you that as provided by the CARES Act, you are receiving an Economic Impact Payment of $__________ by ____________________. We hope this payment provides meaningful support to you during this period.
Every citizen should take tremendous pride in the selflessness, courage, and compassion of our people. America's drive, determination, innovation and sheer willpower have conquered every previous challenge---and they will conquer this one too. Just as we have before, America will triumph yet again---and rise to new heights of greatness.
We will do it together, as one nation, stronger than ever before.
President Donald J. Trump
For more inforamtion on your Economic Impact Payment, please visit IRS.gov/coronavirus or call 800-919-9835.