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TAKE THE CARES ACT QUIZ now
TO FIND OUT WHAT YOU OR YOUR SMALL BUSINESS QUALIFY FOR.
Please note: The information provided on this website does not, and is not intended to, constitute legal advice; instead, all information, content, and materials available on this site are for general informational purposes only. Information on this website may not constitute the most up-to-date legal or other information.
FAQS
For updates on when to expect your CoronaCash & new programs that may become available:
Where can I apply for the programs my business qualified for?
To find an SBA-approved lender to apply through: https://www.sba.gov/partners/lenders/microloan-program/list-lenders
Then navigate to the SBA programs page here: https://www.sba.gov/funding-programs/loans/coronavirus-relief-options
When will I get my personal check?
Do I need to sign up, apply, or request my check?
For most, the federal government will automatically send your check to you electronically or in the mail, if you qualify. If you've not filed a tax return for 2018 or 2019 you will need to do so, unless you are in a class of people not normally required to do so and a government agency has pre-existing information for sending you money. The More information on that class is below. IRS's coronavirus page will soon have instructions for how to file.
What if I don't have direct deposit set up with IRS?
Secretary Mnuchin said for those who don't have direct deposit set up but want to receive the payment electronically, the federal government will create an online system that will let you set up electronic payments so you get the money deposited directly into a bank account. The IRS said the online tool will be available in the coming weeks.
Important: If you haven't filed federal taxes for 2018, do that right now. The IRS said if you haven't filed your 2018 federal taxes, that could affect your stimulus check and urges anyone who hasn't filed a 2018 tax return to file now. Be sure to include direct deposit banking information on the return. You can prepare and file your federal individual income tax return for free using the IRS's tax-preparation-and-filing software "Free File".
What if I'm not typically required to file a tax return?
You will not have to file a tax return as long as some government agency has pre-existing information on how to send you money.* Those people normally not required to file a tax return include low-income taxpayers, senior citizens, Social Security recipients, some veterans, persons with disabilities or retirees. If you do not currently receive pre-existing direct deposits or you rely only on Supplemental Security Income, you should still file a simple return for 2019.
*(This information was new as of 4/1/2020 and we will continue to update this section as we receive more info. Subscribe above for more immediate updates.)
Important: The instructions for how to ensure you receive your check will soon be released on the IRS's Coronavirus page.
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