Many local residents received their “Economic Impact Payment,” also known as the stimulus, from the federal government on Wednesday to help millions of Americans weather the coronavirus economic downturn.

Many local residents received their “Economic Impact Payment,” also known as the stimulus, from the federal government on Wednesday to help millions of Americans weather the coronavirus economic downturn.

Tax day usually falls on April 15, but this year, instead of post offices being filled with people mailing off their tax returns, crowds were seen at ATM machines and banks. This year, the federal tax filing deadline has been postponed until July 15 to give taxpayers more time to cope with the coronavirus-related economic crisis.

Eligible taxpayers who filed tax returns for either 2019 or 2018 and chose direct deposit of their refund will automatically receive an Economic Impact Payment of up to $1,200 for individuals or $2,400 for married couples and $500 for each qualifying child.

Robbie Johnson of Pine Bluff said he had just received his payment for his family and was truly grateful.

“We just got ours today,” said Johnson. “It is a blessing because we didn’t have to get it.”

Many residents stimulated the economy by packing local stores such as Walmart and Lowes.

While some decided to treat themselves to a wanted gift, others were shopping for essentials and needed items.

Sophia Holden of Pine Bluff said she plans to save most of her money.

“I’m going to buy things that I need and penny pinch the rest to make it last because with the coronavirus, I don’t know what might happen,” said Holden.

According to the IRS, they are committed to helping Americans get their Economic Impact Payment as soon as possible. The payments, also referred to by some as stimulus payments, are automatic for most taxpayers.

No further action is needed by taxpayers who filed tax returns in 2018 and 2019 and most seniors and retirees.

To help millions of people, the Treasury Department and the Internal Revenue Service launched a new web tool allowing quick registration for Economic Impact Payments for those who don’t normally file a tax return.

They also launched a “Get My Payment” tool on IRS.gov which allows filers to check their payment status, confirm their payment type and enter their updated bank account information for direct deposit if their payment has not been sent out yet.

Individuals who receive Social Security retirement, survivors or disability benefits, SSDI or who receive Railroad Retirement benefits but did not file a return for 2019 or 2018 will automatically receive a payment in the near future according to IRS.gov.

The non-filer tool, developed in partnership between the IRS and the Free File Alliance, provides a free and easy option designed for people who don't have a return filing obligation, including those with too little income to file.

The feature is available only on IRS.gov, and users should look for Non-filers: Enter Payment Info Here to take them directly to the tool.

"People who don't have a return filing obligation can use this tool to give us basic information so they can receive their Economic Impact Payments as soon as possible," said IRS Commissioner Chuck Rettig. "The IRS and Free File Alliance have been working around the clock to deliver this new tool to help people."

This new tool is designed for people who did not file a tax return for 2018 or 2019 and who don't receive Social Security retirement, disability (SSDI), or survivor benefits or Railroad Retirement benefits.

Others who should consider the Non-Filers tool as an option, include:

Lower income: Among those who could use Non-Filers: Enter Payment Info tool are those who haven't filed a 2018 or 2019 return because they are under the normal income limits for filing a tax return. This may include single filers who made under $12,200 and married couples making less than $24,400 in 2019.

Veterans beneficiaries and Supplemental Security Income (SSI) recipients: The IRS continues to explore ways to see if Economic Impact Payments can be made automatically to SSI recipients and those who receive veterans disability compensation, pension or survivor benefits from the Department of Veterans Affairs and who did not file a tax return for the 2018 or 2019 tax years. People in these groups can either use Non-Filers: Enter Payment Info option now or wait as the IRS continues to review automatic payment options to simplify delivery for these groups.

Social Security, SSDI and Railroad Retirement beneficiaries with qualifying dependents: These groups will automatically receive $1,200 Economic Impact Payments. People in this group who have qualifying children under age 17 may use Non-Filers: Enter Payment Info to claim the $500 payment per child.