Economic Impact Payment program funds (stimulus payments) are soon to be released.

Payments will start being deposited this week.

• If you filed your 2019 federal income tax return the IRS will use your adjusted gross income (AGI) to determine your amount.
• If you have NOT filed a tax return for 2018 or 2019 because your income was below the filing thresholds ($12,200 single and $24,400 for joint filers), click this link https://www.freefilefillableforms.com/#/fd/EconomicImpactPayment and complete the free online form.
• Completion of the form will allow the IRS to identify you, your dependents, your address and your bank account details for direct deposit. 
• If you receive social security, you do NOT need to do anything more.  The IRS will use your bank account information on file and send you an Economic Impact Payment.    

“Get My Payment”

Coming soon: the Get My Payment application. This will allow all taxpayers to check payment status, confirm bank details on file with the IRS, and enter bank account information for direct deposit. We will post a link here to Get My Payment as soon as it is released. 

You can continue to count on Werner & Co. to keep you up to date. Stay safe,
Kristofer M DePaolo, CPA |  CEO