How can I check if I was approved and when will I receive it?

The Internal Revenue Service has already started depositing the economic impact payments into people's bank accounts. But not everyone has received a payment yet. The IRS said it's trying to get payments to people as quickly as possible.

If you want to find out when your payment is coming, there will soon be an online tool to track it. On April 17, the IRS plans to launch an online tool called Get My Payment. It will let you to check the status of your payment and find out when it will be deposited into your bank account or mailed to you.

The easiest way to know whether your payment has arrived is to check your bank account.