GettyThe Treasury Department and IRS today announced that distribution of economic impact payments will begin in the next three weeks and that they will be distributed automatically, with no action required for most people. Who is eligible for the economic impact payment? The IRS will calculate and automatically send the economic impact payment to those eligible. The economic impact payment will be deposited directly into the same banking account reflected on the return filed. People who typically do not file a tax return will need to file a simple tax return to receive an economic impact payment.

Source: Forbes March 30, 2020 22:41 UTC