As of December 29, 2020, the Treasury Department will begin delivering a second round of Economic Impact Payments to millions of Americans as part of the implementation of the Coronavirus Response and Relief Supplemental Appropriations Act of 2021.
Payments will begin on December 29 and continue throughout the coming weeks. Eligible individuals will receive an Economic Impact Payment of up to $600 for individuals or $1200 for married couples and up to $600 for each qualifying child. Generally, if you have adjusted gross income for 2019 up to $75,000 for individuals and up to $150,000 for married couples filing joint returns and surviving spouses, you will receive the full amount of the second payment. For filers with income above those amounts, the payment amount is reduced.
The payments will be distributed automatically, with no action required for eligible individuals. To check the status of your payment go to IRS.gov/GetMyPayment. For more information about Economic Impact Payments, please visit IRS.gov/EIP.
You are eligible for an Economic Impact Payment of $600 (or $1,200 for married couples) if you are not a dependent of another taxpayer and you are a U.S. citizen or resident alien.
Eligible individuals will automatically receive an Economic Impact Payment of up to $600 for individuals or $1,200 for married couples and up to $600 for each qualifying child. Generally, if you have adjusted gross income for 2019 up to $75,000 for individuals and up to $150,000 for married couples filing joint returns and surviving spouses, you will receive the full amount of the second payment. For filers with income above those amounts, the payment amount is reduced.
Under the earlier CARES Act, joint returns of couples where only one member of the couple had a Social Security number were generally ineligible for a payment – unless they were a member of the military. But this month’s new law changes and expands that provision, and more people are now eligible. In this situation, these families will now be eligible to receive payments for the taxpayers and qualifying children of the family who have work-eligible SSNs. People in this group who don’t receive an Economic Impact Payment can claim this when they file their 2020 taxes under the Recovery Rebate Credit.
Ask for help: Many companies have special programs to help people right now. Contact the companies you owe money to and try to work out a new payment plan with lower payments or delayed due dates. Make sure to get any changes in writing.
In May 2020, the FTC learned that some facilities were trying to take the stimulus payments intended for their residents on Medicaid. Why? They claimed that, because the person is on Medicaid, the facility gets to keep the stimulus payment. The fact is, those economic impact payments are a tax credit, and don’t count as “resources” for federal benefits programs, like Medicaid. If you or loved one experienced this, tell your state attorney general’s office first, and then tell the FTC: ftc.gov/complaint.
The IRS will use the data already in their systems to send the new payments. Taxpayers with direct deposit information on file will receive the payment that way. For those without current direct deposit information on file, they will receive the payment as a check or debit card in the mail. For those eligible but who don’t receive the payment for any reason, it can be claimed by filing a 2020 tax return in 2021. Remember, the Economic Impact Payments are an advance payment of what will be called the Recovery Rebate Credit on the 2020 Form 1040 or Form 1040-SR.
For those concerned about visiting a tax professional or local community organization in person to get help with a tax return, these economic impact payments will be available throughout the rest of 2020.
Yes. People will receive an IRS notice, or letter, after they receive a payment telling them the amount of their payment. They should keep this for their tax records.
Most Social Security retirement and disability beneficiaries, railroad retirees and those receiving veterans’ benefits do not need take any action to receive a payment. Earlier this year, the IRS worked directly with the relevant federal agencies to obtain the information needed to send out the new payments the same way benefits for this group are normally paid. For eligible people in this group who didn’t receive a payment for any reason, they can file a 2020 tax return.
You DO NOT need to take any further action if you filed a federal income tax return for 2018 or 2019. If you already filed your tax return for 2019, the IRS will use this information to calculate the Payment amount. If you haven’t filed your tax return for 2019 but filed a 2018 federal income tax return, the IRS will use the information from your 2018 tax return to calculate the Payment amount.
Yes, if you meet the eligibility requirement. While you won’t receive an automatic payment now, you can still claim the equivalent Recovery Rebate Credit when you file your 2020 federal income tax return.
The IRS has a free web app called “Get My Payment” that you can use to check the status of your Economic Impact Payment. The app also allows you to securely send your banking information to the IRS, if you would prefer to receive your payment through direct deposit instead of waiting for a paper check. Use the app at irs.gov/coronavirus/get-my-payment.
You can submit your information to the IRS through a secure web portal on IRS.gov. You will need to provide your full name, date of birth, social security number, and bank account information to use this system. After you submit your information, you will receive your Economic Impact Payment through direct deposit.
If the bank account is closed, the bank will reject the deposit and you will be issued your payment to the address we have on file for you. If our Get My Payment application indicates your payment has been processed, you cannot change your bank account information.
Depending on your situation, you may receive your Economic Impact Payment on a prepaid debit card. The card will have your name on the front and will be issued by MetaBank®, N.A. The card will arrive in a plain envelope from “Money Network Cardholder Services.” Remember, you will NOT be asked to pay any money to activate your card. For more information, please visit EIPcard.com.
Economic Impact Payment debit cards come in a plain white envelope to guard against fraud. If you lost or threw away your EIP card call 1-800-240-8100 for a FREE replacement (option 2 from main menu).
For most people receiving C&P benefits, no action is required to receive your Economic Impact Payment. You will receive your automatic Payment as a direct deposit or by mail, just as you would normally receive your federal benefits. For more information, please visit IRS.gov.
If you have received an Economic Impact Payment for someone who has died, you must return it to the IRS.
If the payment was a paper check:
- Write “Void” in the endorsement section on the back of the check.
- Mail the voided Treasury check immediately to the appropriate IRS location listed below.
- Don’t staple, bend, or paper clip the check.
- Include a note stating the reason for returning the check.
If the payment has already been cashed, or if the payment was a direct deposit:
- Submit a personal check, money order, etc., immediately to the appropriate IRS location listed below.
- Write on the check/money order made payable to “U.S. Treasury” and write 2020EIP, and the taxpayer identification number (social security number, or individual taxpayer identification number) of the recipient of the check.
- Include a brief explanation of the reason for returning the EIP.
For your paper check, here are the IRS mailing addresses to use based on the state:
For Maine, Maryland, Massachusetts, New Hampshire, Vermont:
Andover Refund Inquiry Unit
1310 Lowell St Mail
Andover, MA 01810
For Georgia, Iowa, Kansas, Kentucky, Virginia:
Atlanta Refund Inquiry Unit
4800 Buford Hwy
Mail Stop 112
Chamblee, GA 30341
For Florida, Louisiana, Mississippi, Oklahoma, Texas:
Austin Refund Inquiry Unit
3651 S Interregional Hwy 35
Mail Stop 6542
Austin, TX 78741
For New York:
Brookhaven Refund Inquiry Unit
5000 Corporate Ct.
Mail Stop 547
Holtsville, NY 11742
For Alaska, Arizona, California, Colorado, Hawaii, Nevada, New Mexico, Oregon, Utah, Washington, Wisconsin, Wyoming:
Fresno Refund Inquiry Unit
5045 E Butler Avenue
Mail Stop B2007
Fresno, CA 93888
For Arkansas, Connecticut, Delaware, Indiana, Michigan, Minnesota, Missouri, Montana, Nebraska, New Jersey, Ohio, West Virginia:
Kansas City Refund Inquiry Unit
333 W Pershing Rd
Mail Stop 6800, N-2
Kansas City, MO 64108
For Alabama, North Carolina, North Dakota, South Carolina, South Dakota, Tennessee:
Memphis Refund Inquiry Unit
5333 Getwell Rd Mail
Memphis, TN 38118
For District of Columbia, Idaho, Illinois, Pennsylvania, Rhode Island:
Philadelphia Refund Inquiry Unit
2970 Market St
Philadelphia, PA 19104
For a foreign country, U.S. possession or territory, or use an APO or FPO address, or file Form 2555 or 4563, or are a dual-status alien:
Austin Refund Inquiry Unit
3651 S Interregional Hwy 35
Mail Stop 6542 AUSC
Austin, TX 78741
Your account has been locked. You will be able to access the application after 24 hours have passed. Please do not contact the IRS.
No, the IRS is not going to call or email you asking to verify or provide your financial information so you can get an Economic Impact Payment. You should also watch for text messages, websites, and social media attempts to get your money or personal information.
Be on the lookout! Scammers may:
- Emphasize the words “stimulus check” or “stimulus payment.” The official term is economic impact payment.
- Ask you to sign over your economic impact payment check to them.
- Ask by phone, email, text or social media for verification of personal and/or banking information saying that the information is needed to receive or speed up your economic impact payment.
- Suggest that you can get a tax refund or economic impact payment faster by working on your behalf. This scam could be conducted by social media or even in person.
- Mail you a bogus check, perhaps in an odd amount, then tell you to call a number or verify information online in order to cash it.
If you receive unsolicited emails, text messages or social media attempts to gather information that appear to be from either the IRS or an organization closely linked to the IRS, such as the Electronic Federal Tax Payment System (EFTPS), forward it to firstname.lastname@example.org.
Taxpayers are encouraged not to engage potential scammers online or on the phone. Learn more about reporting suspected scams by going to the Report Phishing and Online Scams page on IRS.gov.
Official IRS information about the COVID-19 pandemic and economic impact payments can be found on the Coronavirus Tax Relief page on IRS.gov. The page is updated quickly when new information is available.
The IRS will post all key information on IRS.gov/coronavirus as soon as it becomes available.
The IRS has a reduced staff in many of its offices but remains committed to helping eligible individuals receive their payments expeditiously. Check for updated information on IRS.gov/coronavirus rather than calling IRS assistors who are helping process 2019 returns.
If you don’t receive a direct deposit by early January, you should watch your mail for either a paper check or a debit card. To speed delivery of the payments to reach as many people as soon as possible, the Bureau of the Fiscal Service, part of the Treasury Department, will be sending a limited number of payments out by debit card. Please note that the form of payment for the second mailed EIP may be different than for the first mailed EIP. Some people who received a paper check last time might receive a debit card this time, and some people who received a debit card last time may receive a paper check.
IRS and Treasury urge eligible people who don’t receive a direct deposit to watch their mail carefully during this period for a check or an Economic Impact Payment card. The EIP card, issued by Treasury’s financial agent, MetaBank®, N.A., is sponsored by the Treasury Department’s Bureau of the Fiscal Service. The Economic Impact Payment Card will be sent in a white envelope that prominently displays the U.S. Department of the Treasury seal. It has the Visa name on the front of the Card and the issuing bank, MetaBank®, N.A. on the back of the card. Information included with the card will explain that this is your Economic Impact Payment. More information about these cards is available at https://www.eipcard.com/.
The CARES Act gives some flexibility to federal student loan borrowers. In some cases, the Act allows borrowers to temporarily stop making payments on their loans. This does not apply to all loan types.
Research your options and talk to your loan servicer. Understanding these options can help you make more informed decisions about paying your bills and prioritizing your debts. The program ends September 30, 2020.
No. The federal government does not provide federal assistance in the form of hazard pay, nor has FEMA directly paid individuals. However, the CARES Act has provided unemployment benefits for citizens during the pandemic. FEMA funding allows states to provide at least an additional $300 per week to people who lost work due to COVID-19 through their unemployment insurance programs. Understand myths and facts about the Coronavirus:
If you missed the July 15 tax deadline and did not request an extension, you should file electronically as soon as possible to avoid penalties and fees. You may also wish to contact a tax professional for assistance. Learn more about how to find a reputable tax professional.
The Federal Trade Commission is getting a lot of reports about fraudulent calls, texts, and emails coming from people pretending to be from the Social Security Administration, IRS, Census, USCIS and the FDIC. These fake government messages might say that you’re approved for money, can get quick relief payments, or get cash grants due to the coronavirus. These are all scams, and none of those messages come from a government agency. If you get a call or message like this, don’t respond. Instead, report it to the FTC at ftc.gov/complaint.
If you receive calls, emails, or other communications claiming to be from the Treasury Department and offering COVID-19 related grants or stimulus payments in exchange for personal financial information, or an advance fee, or charge of any kind, including the purchase of gift cards, please do not respond. These are scams. Please contact the FBI so that the scammers can be tracked and stopped.
Fraud involving payment of Federal taxes should be reported to the Treasury Inspector General for Tax Administration.