ABSTRACT

Who Did Not Get the Economic Impact Payments by Mid-To-Late May, and Why?: Findings from the May 14-27 Coronavirus Tracking Survey   [open pdf - 330KB]

From the Document: "The Coronavirus Aid, Relief, and Economic Security (CARES) Act provided most US households with one-time economic impact payments (also referred to as recovery rebates or stimulus payments) to mitigate the negative economic effects of the COVID-19 [coronavirus disease 2019] pandemic. The Internal Revenue Service (IRS) sent these payments out between April 10 and June 3 to all 159 million people for whom it had the necessary information on file. Millions of people will eventually receive their payments after they file their 2019 or 2020 income tax returns or take other actions to provide the IRS with up-to-date information on where to send the money. But some experts estimate that 12 million eligible people who are not required to file income tax returns were at risk of not getting the payments--in many cases, because they have difficulty applying for the payment or are not aware that they are even eligible to receive it (Marr et al. 2020)."

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Date:
2020-07
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Copyright:
Urban Institute. Posted here with permission. Documents are for personal use only and not for commercial profit.
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Urban Institute: https://www.urban.org/
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pdf
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application/pdf
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