Stimulus Check FAQs & Tools
In late December, as part of the Covid Relief Act, the Department of the Treasury began to issue “Stimulus” payments to eligible Americans. These payments are intended to provide financial relief from economic harm caused by the Coronavirus pandemic. We understand that you may have questions, so we are here to help. The FAQs below are from the IRS, though we have added information custom to Logix member where appropriate and will continue to do so as more information becomes available.
Here are answers to questions you may have, and tools you can use:
- Are payments automatic?
- Who is eligible for the second Economic Impact Payment?
- How do I find out if the IRS is sending me a payment?
- How will the IRS know where to send my payment? What if I changed bank accounts?
- Will people receive a paper check or a debit card?
- Are more people eligible now for a payment than before?
- Is any action needed by Social Security beneficiaries, railroad retirees and those receiving veterans’ benefits who are not typically required to file a tax return?
- I didn’t file a tax return and didn’t register with the IRS.gov non-filers tool. Am I eligible for a payment?
- Will I receive anything for my tax records showing I received a second Economic Impact Payment?
- Where can I get more information?
- Helpful links
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, which is sponsored by the Treasury Department’s Bureau of the Fiscal Service and is issued by Treasury’s financial agent, MetaBank®, N.A. 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 EIPcard.com.