Relief checks: How much you'll get, when, and how scammers plan to target you

Video Credit: ABC 2 News WMAR
Published on March 31, 2020 - Duration: 03:57s

Relief checks: How much you'll get, when, and how scammers plan to target you

The IRS is releasing more information about how they will send out economic impact payments in response to the COVID-19 pandemic.


Relief checks: How much you'll get, when, and how scammers plan to target you

THE ━━S PLANS TO SEND YOUMONEY.

LAST WEEK THE PRESIDENTSIGNED THAT TW━TRILLIONDOLLAR STIMULUS PACKAGE, WHICHINCLUDES RELIEF PAYMENTS TOAMERICANS.

WMA━2 NEWS MALLORYSOFASTAII HAS THE DETAILS ONWHAT YOU CAN EXPECT TORECEIVE..

WHEN IT'S COMING..AND HOW SOME PEOPLE MIGHT USETHIS AS AN OPPORTUNITY TOSTEAL FROM YOU... BECAUSE IFIT MATTERS TO YOU..

IT'S AMATTER FOR MALLORY.THE MONEY IS EXPECTED TO SHOWUP IN YOUR ACCOUNT WITHIN AFEW WEEKS.

FOR SOMEBE UPWARDS OF ━ THOUSANDDOLLARS..

OTHERS MAY NOTRECEIVE ANYTHING.

BUT EVERYONEIS A TARGET OF SCAMMERS USINGTHIS ANNOUNCEMENT AS A WAY TOGET YOUR BANK ACCOUNTINFORMATION.

Steven Mnuchin,U.S. Secretary of theTreasury: 3:32 within 3weeks:02 TREASURY SECRETARYSTEVE MNUCHIN ON SUNDAY SAYINGTHEY HAVE A DEADLINETHEY PLAN TO DELIVER SM: 2:45it will happen quickly becauseit does no good to theAmerican public if wedelivering it in 3, 4 months,they need this now:0* SOWHAT CAN YOU EXPECT TO GET?

ITDEPENDS ON HOW MUCH YOU MAKE.THE GOVERNMENT WILL USE YOUR2019 TAX RETURNS IF YOUALREADY FILED, IF NOT THEYLOOK BACK TO 2018.

INDIVIDUALSWITH AN ADJUSTED GROSS INCOMEOF 7━THOUSAND OR LESS WILLRECEIVE 1━HUNDRED DOLLARS,2━ HUNDRED FOR COUPLES, PLUS5━ HUNDRED DOLLARS PER CHILD.PAYMENTS ARE REDUCED BY ━DOLLARS FOR EVERY 100 DOLLARSOVER THE INCOME THRESHOLD, ANDCOMPLETELY PHASES OUT FORTHOSE MAKING 9━ THOUSANDDOLLARS OR MORE.

HOW WILL YOUGET PAID?

SM: 3:02 wedirect deposit into peopleaccounts, for people where wedondeposit information, therewill be a we━basedapplication they can uploadand for people who donthat there will be checks inthe mail.:13 But weto try to get as much moneyinto direct deposit as we canthatgetting hardworking Americanstheir money :21 MORE PEOPLEFILE TAX RETURELECTRONICALLYTHE IRS ALREADY HAS YOURBANKING INFORMATION.

FOR THOSEWHO DONNEEDS IT..

AND SCAMMERS KNOWIT.

Angie Barnett, president &CEO, Better Business Bureauserving greater Maryland:14:37 itright now because scammershave plausible reasons forbaiting you to actually giveup personal information, giveup bank accountinformation:1* THERE AREREPORTS THGOVERNMENT LETTERHEADS WHENEMAILING AND WILL TRY TEXTINGOR CALLING.

AB: 11:39 andsimply say to them you havebeen preapproved, you areeligible for the stimuluspackage and as we arepreparing to send you thiseligibility information welike to go ahead and get yourbank account information ASIDEFROM LOSING MONEYINFORMATION COULD BE USED TOFILE FRAUDULENT TAX RETURNS ORIDENTITY THEFT.

THECOMPTROLLER OF MARYLAND SAYINGTHESE SWINDLERS HAVE EVENTARGETED TAX PREPARERS ASKINGTO CONFIRM PERSONAL BANKINGINFORMATION AND PROVIDING ALINK FOR YOU TO FILL OUT..

SOTHEN THEY CAN COLLECT.

IF THEIRS DOESNDIRECT DEPOSIT INFORMATION━YOU CAN SUBMIT IT ON THEIRWEBSITE.

THAT FUNCTION WILL BEAVAILABLE IN THE COMING WEEKS.IF YOUSECURITY RECIPIENT, OR FORSOME REASON DONFILE A TAX RETURN YOUTO FIL━OUT A SIMPLE TAXRETURN.

AND WHILE THE FILINGDEADLINE FOR 2019 HAS BEENPUSHED BACK TO JULY 15TH &YOU2018 AND 2019 TAX RETURNS ASSOON AS YOU CAN TO RECEIVE THEECONOMIC IMPACT PAYMENT.PAYMENTS WILL BE AVAILABLETHROUGH THE END OF THE YEAR INCASE YOU NEED MORE TIME TOMEET WITH A TAX PROFESSIONAL..THESE PAYMENTS WILL NOT BECONSIDERED TAXABLE.AND ANOTHER NOTE FROM THSTIMULUS PACKAGEOUT OF A JOBTO BRING IN AN EXTRA ━HUNDRED DOLLARS A WEEK ON TOPOF STATE UNEMPLOYMENTBENEFITS, FOR UP TO FOURMONTHS.

HOWEVERDIVISION OF UNEMPLOYMENTINSURANCE IS STILL UPDATINGITS ━T SYSTEMS TO ACCOMODATETHIS NEW PROGRAM.

THERE'S NOTIMELINE ON WHEN THE BENEFITSWILL GO OUT..

BUT ONCE THEYDO..

PAYMENTS WILL BE BACKDATED SO YOU DON'T MISS ANY.IF YOU HAVE A MATTER FORMALLORY━ SHE WANTS TO HEARFROM YOU.

EMAIL HER AT MALLORYAT WMAR DOT COM..

OR FIND HERON FACEBOOK AND TWITTER.THE COVI━19 PA

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