The IRS is sending Economic Impact Payments to taxpayers impacted by the coronavirus outbreak. However, the process has not been completely smooth. When some people get online to verify the status of their payment, they get the message “Status Not Available.”
This message is displayed by the “Get My Payment” online tool of the IRS for several reasons, as you will see below.
You May Not Be Eligible for an Economic Impact Payment
If you are not eligible for an Economic Impact Payment, then you will get the “Status Not Available” message. Keep in mind that eligibility for Economic Impact Payments depends on your Adjusted Gross Income (AGI). You are eligible for an Economic Impact Payment if your AGI is up to:
- $75,000 for individuals
- $112,500 for head of household filers
- $150,000 for married couples filing joint returns
If your AGI exceeds these limits, your are still eligible for a reduced Economic Impact Payment if your AGI is between:
- $75,000 and $99,000 if your filing status was single or married filing separately
- 112,500 and $136,500 for head of household
- $150,000 and $198,000 if your filing status was married filing jointly
Users Who File a Tax Return
If you are eligible and filed tax returns, but still get the “Status Not Available” message, then the IRS hasn’t finished processing your 2019 tax return. It’s also possible that the online application doesn’t have your data for other reason, but that may be solved soon because the IRS updates information on the website every day.
Remember that the information on the online tool is updated once a day, usually overnight. Therefore, the IRS encourages users to check the status of their payment only once every 24 hours to avoid excessive traffic on the website and allow other people to check their payments as well.
Users Who Don’t Usually File a Tax Return
If you receive SSI or VA benefits, you get the “Status Not Available Message” because your information hasn’t been loaded yet onto the system. On the other hand, if you used the Non-Filers: Enter Payment Info Here feature on the IRS website to provide your information, then your entry hasn’t been processed yet.
It’s important to learn more about this and other initiatives to navigate the current, unprecedented circumstances. Our knowledgeable experts at JT Tax Services will help you so you can take advantage of all the relief initiatives you are eligible for.
At JT Tax Services we have the experience, the knowledge and the drive to assist you. With our advice, you can file your taxes with the peace of mind that comes with knowing that you are limiting your liability while staying compliant with federal and state tax regulations.