Economic Impact Payments

April 16, 2020
Government Check from US Treasury

Information about Economic Impact (or Stimulus Check) Payments

For most people, no action is needed to get an Economic Impact Payment from the IRS.  As the Economic Impact Payments are being distributed by the IRS into accounts, you can visit their website to:

  • Check your payment status
  • Confirm your payment type (direct deposit or check)
  • Enter your bank account information for direct deposit into your account

NOTE: Due to high demand, the IRS is warning of increased wait times to access the site. Data is updated once per day overnight, so there’s no need to check back more than once per day.

Information & FAQs

We encourage you to visit the IRS Economic Impact Payment Information Center to learn more and to view frequently asked questions: https://www.irs.gov/coronavirus/economic-impact-payment-information-center

Payments Made to Deceased Individuals

On May 6, 2020 the Internal Revenue Service (IRS) updated its Economic Impact Payment Information Center to include new questions and answers related to Economic Impact Payments (EIP) issued to deceased individuals. Click here to learn if whether someone who has died qualifies for an EIP, and what to do if you received a payment for a deceased individual.

To Check Payment Status

To view your Payment Status, you can visit the IRS’s Get My Payment Online Tool: https://www.irs.gov/coronavirus/get-my-payment

This tool will give you information about:

  • Your payment status
  • Your payment type
  • Whether the IRS needs more information from you, including bank account information

NOTE: You may need your 2019 tax return (if filed), and your 2018 tax return.

Data is updated once per day overnight, so there’s no need to check back more than once per day.

Protect Yourself From Scammers

Beware of bad actors using economic impact payment schemes to steal your personal information. Remember, the IRS will NOT call you, text you, email you or contact you on social media asking for your social security number or bank account information. 

If you have any questions that were not addressed, we suggest you can contact your preferred Ixonia Bank location or contact our Customer Solutions Department.

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