First coronavirus relief checks deposited to Americans: IRS
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The Internal Revenue Service said on Saturday that it had deposited the first stimulus checks into taxpayers' accounts.
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"#IRS deposited the first Economic Impact Payments into taxpayers' bank accounts today," IRS wrote on its official Twitter account. "We know many people are anxious to get their payments; we'll continue issuing them as fast as we can."
The payments will be $1,200 per adult for those with adjusted gross incomes of up to $75,000. The threshold for married couples is $150,000 – they are eligible for $2,400 and $500 per child.
Paper checks are expected to begin being sent the week of April 20.