Confusion and Frustration Over Coronavirus Relief Payments

Chris Sommer
April 03, 2020 - 1:08 pm

DALLAS (KRLD) - One week ago, President Trump signed the CARES law, which was designed to get COVID-19 relief money into the hands of American consumers as quickly as possible.

But for some awaiting those payments, it will take a lot longer than for others.

Bloomberg reports some recipients waiting on paper checks - those without direct deposit information on file - may have to wait until September to get their money, as Washington has the ability to crank out roughly 5,000,000 checks per week.  Around 100 million Americans will receive payment in that fashion.

The wait should be significantly shorter who provided bank information in filing their 2018 and/or 2019 federal taxes.  The electronic relief payments are scheduled to start going out the week of April 13, and should take about three weeks to complete.

Bloomberg Tax Correspondent Laura Davison talked about the process with KRLD's Chris Sommer...