Where, Oh Where, Is My Stimulus Check?

by | Apr 23, 2020

NOTE: This news article is an archived post that was posted on the date above. The information contained in this post was applicable for that date only. Some of the information below may have expired.

As the Bank About Town, we want to make sure we keep our towns informed, especially when you are in need. As part of the historic COVID-19 relief stimulus bill, the federal government has been releasing critical funds in the form of stimulus payments to eligible citizens.

If you are eligible for a stimulus payment and are trying to find it, please read below for more info on how payments are being released and ways you can potentially get help/answers.

1. Mailed Paper Check?

Physical checks from the US Treasury will be issued if you did not file a federal tax return in 2018 or 2019 or if you did not register as a non-filer. The IRS will use the address they have on file from your tax return prior to 2018.

The availability of emergency stimulus funds can change without notice at any time. The max amount of stimulus funds deposited in most cases is $2,500. Continue to check your physical mail, account transaction history, and mobile deposits. You can download our mobile app here or here.

2. Automatic Direct Deposit?

This is the primary way the payments will be released. The IRS will use the 2019 or 2018 tax returns filed by eligible recipients to direct deposit into the same banking account you used for tax filing purposes. Deposits will be labeled in your account summary as something similar to “tax refund 2019” or “tax ref.”

Non-filers, (those who did not file tax returns) can enter their account information to the IRS’s designated website here. The government is continuing to discuss more options, and we will release information as it becomes available.

3. Check in with your Tax Preparer

Because the IRS is mainly using information from 2019 or 2018 tax returns to direct deposit stimulus funds, it’s important that your information was filed correctly. It may be a good idea to double-check that your bank account information was submitted correctly with whoever helped you file your
tax return.

4. Try to Track Payment Status

The IRS has set up a website where you can enter your information and track the status of your payment (if you were eligible to receive one). Visit this link here to try it now. Please be aware that due to high-traffic volume, it has been cautioned that you may experience wait-times and difficulties logging on.

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Thank you for reading. It has been our pleasure serving you!