First coronavirus relief checks deposited to Americans: IRS

Many adults will receive $1,200 payments

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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.

A woman looks to get information about job application in front of Illinois Department of Employment Security WorkNet center in Arlington Heights, Ill., April 9. (AP Photo/Nam Y. Huh)

CORONAVIRUS STIMULUS PAYMENTS: SOME MUST TAKE ACTION TO GET CHECKS

On Friday, the IRS launched a highly anticipated web portal for non-filers to give their information to the tax agency, which will allow them to collect their economic impact payments from the federal government.

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The tool will help "millions" of people, according to the IRS. It is designed for people who do not normally file tax returns – which is how the tax agency is determining whether the vast majority of Americans qualify for a $1,200 stimulus check.

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