The IRS Has Started Issuing Coronavirus Stimulus Payments

The video discusses the U.S. government's $2.2 trillion Coronavirus relief package, detailing the direct payments to individuals and couples based on income levels. It highlights the IRS's efficiency in distributing payments compared to the 2008-2009 financial crisis. The video also explains the payment methods, including direct deposit and checks, and introduces a tracking tool for payment status. Qualifying individuals who don't file taxes can register on the IRS website to receive their payments.

What is the maximum income an individual can earn to receive the full $1200 stimulus payment?

• $125,000

• $100,000

• $75,000

• $50,000

How much will married couples earning less than $150,000 receive as a stimulus payment?

• $1200

• $1500

• $2400

• $3000

How did the IRS's response time for stimulus payments during the Coronavirus relief package compare to the 2008-2009 financial crisis?

• It was slower

• It was the same

• It was faster

• It was delayed

When is the IRS expected to start sending checks to those who did not authorize direct deposit?

• April 17

• June 1

• July 15

• May 4

What tool is the IRS developing to help people track their stimulus payments?

• A tracking tool

• A social media page

• A mobile app

• A phone hotline