Friday, April 24, 2020

IR-2020-80: Treasury, IRS deliver 88 million Economic Impact Payments in first three weeks, release state-by-state Economic Impact Payment figures

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IRS Newswire April 24, 2020

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Issue Number:    IR-2020-80

Inside This Issue


Treasury, IRS deliver 88 million Economic Impact Payments in first three weeks, release state-by-state Economic Impact Payment figures

WASHINGTON –The Treasury Department and the Internal Revenue Service today released state-by-state figures for Economic Impact Payments, with 88 million individuals receiving payments worth nearly $158 billion in the program's first three weeks.

As of April 17, the IRS issued 88.1 million payments to taxpayers across the nation. More payments are continuing to be delivered each week.

"The IRS, Treasury and partner agencies are working non-stop to get these payments out in record time to Americans who need them," said IRS Commissioner Chuck Rettig. "Tens of millions of people across the country are receiving these payments, and millions more are on the way. We encourage people to visit IRS.gov for the latest information, FAQs and updates on the payments."

More than 150 million payments will be sent out, and millions of people who do not typically file a tax return are eligible to receive these payments. Payments are automatic for people who filed a tax return in 2018 or 2019, receive Social Security retirement, survivor or disability benefits (SSDI), Railroad Retirement benefits, as well as Supplemental Security Income (SSI) and Veterans Affairs beneficiaries who didn't file a tax return in the last two years. 

 

Economic Impact Payments as of April 17, totals by State.

State

Number of EIP Payments

Total Amount of EIP Payments

Alabama

1,306,879

$             2,432,903,249

Alaska

209,626

$                 384,976,728

Arkansas

778,710

$             1,484,876,413

Arizona

1,868,529

$             3,408,327,214

California

9,127,137

$             15,894,426,934

Colorado

1,532,632

$             2,697,948,990

Connecticut

961,464

$             1,631,719,992

District of Columbia

179,738

$                 255,501,803

Delaware

275,688

$                 484,493,248

Florida

6,348,503

$             11,067,476,416

Georgia

2,785,534

$             5,041,819,449

Hawaii

378,200

$                 677,850,427

Iowa

901,609

$             1,709,391,510

Idaho

470,200

$                 939,632,351

Illinois

3,561,467

$             6,288,620,441

Indiana

2,047,079

$             3,801,302,228

Kansas

806,471

$             1,527,129,168

Kentucky

1,247,465

$             2,352,784,094

Louisiana

1,265,581

$             2,297,891,337

Massachusetts

1,774,172

$             2,951,357,726

Maryland

1,561,936

$             2,662,114,660

Maine

400,919

$                 722,201,531

Michigan

2,945,568

$             5,338,452,373

Minnesota

1,568,913

$             2,857,063,159

Missouri

1,737,013

$             3,220,707,956

Mississippi

804,317

$             1,481,695,852

Montana

295,589

$                 547,319,262

North Carolina

2,774,379

$             5,057,006,091

North Dakota

215,321

$                 399,771,434

Nebraska

562,422

$             1,070,565,880

New Hampshire

407,786

$                 714,166,522

New Jersey

2,245,299

$             3,861,741,262

New Mexico

596,433

$             1,072,887,126

Nevada

892,115

$             1,561,690,988

New York

5,481,796

$             9,283,821,196

Ohio

3,504,529

$             6,258,547,152

Oklahoma

1,074,373

$             2,056,089,347

Oregon

1,098,231

$             1,945,572,937

Pennsylvania

3,725,334

$             6,628,241,748

Rhode Island

319,156

$                 541,849,017

South Carolina

1,361,971

$             2,489,898,415

South Dakota

255,301

$                 487,326,070

Tennessee

1,997,548

$             3,683,938,147

Texas

7,812,382

$             14,398,065,881

Utah

818,700

$             1,676,956,785

Vermont

188,076

$                 332,111,224

Virginia

2,312,429

$             4,146,024,506

Washington

2,058,899

$             3,680,595,622

Wisconsin

1,690,733

$             3,093,584,754

West Virginia

522,573

$                 984,826,539

Wyoming

166,195

$                 316,335,903

Territories and Overseas*

267,573

$               501,071,680.00

Total

88,183,614.00

$         157,969,767,489

 

Economic Impact Payment help available on IRS.gov

IRS.gov has a variety of tools and resources available to help individuals and businesses navigate  Economic Impact Payments and get the information they need about EIP and other CARES Act provisions.

Economic Impact Payment FAQs: The IRS is seeing a variety of questions about Economic Impact Payments, ranging from eligibility to timing. These FAQs provide an overview and are updated frequently. Taxpayers should check the FAQs often for the latest additions; many common questions are answered on IRS.gov already, and more are being developed.

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