
As part of the stimulus package, you may be eligible for a payment from the federal government.
Angela Lang/CNET
The IRS is now transferring coronavirus stimulus payments into the bank accounts of eligible US residents who set up direct deposit with the IRS. Up to 150 million US residents may qualify for a payment of up to $1,200 each. Some readers are already reporting they’ve been notified their checks will be mailed April 24, and Treasury Secretary Steve Mnuchin said n Sunday that the first paper checks will go…