WASHINGTON -- Treasury Secretary Steven Mnuchin says he expects that more than 80 million Americans should have tax rebates directly deposited into their bank accounts by Wednesday.
Many Americans qualify for tax credits approved as part of legislation designed to boost the economy as the country responds to the new coronavirus.
Under the program, single filers received $1,200 and joint filers $2,400, though it phases out for higher incomes.
For those who don't get their money by Wednesday, Mnuchin said the IRS will have a website available that would allow people to plug in information and allow for their direct deposit to take place quickly.
Mnuchin said Social Security beneficiaries don't have to do anything. The money will be directly deposited in their bank account.
MORE:
