The IRS wants people to take action by noon Wednesday if they want a shot at receiving stimulus cash more quickly via direct deposit.
Unfortunately, the coronavirus relief effort has triggered a great deal of frustration and confusion for many people who are still waiting for stimulus cash after watching neighbors receive their money in the past four weeks or so.
Several seniors who have direct deposit of their Social Security benefits wonder why the federal government hasn't been able to use that information to deposit their stimulus cash into their bank accounts yet. Many continue to wait. All eligible taxpayers who filed tax returns for 2019 or 2018 will receive the payments automatically, according to the IRS.
The problem is all the money isn't arriving at once or even close to the same time. The program's payments will be spread out from roughly April 10 through June. Some will receive checks; others will get the money via direct deposit.
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