Just because your first stimulus check went directly to your bank account doesn’t mean your second will do the same. actually, it could arrive by post.
The IRS began sending out the second round of stimulus checks late last month, valued at up to $600 per eligible adult and $600 per qualified dependent. More than 100 million direct deposit payments have already been made, and paper checks began shipping in the mail on December 1. 30. The agency said checks would be sent to recipients the same way they received their first check, either by direct deposit or by mail.
But some Americans who received their first stimulus payment via direct deposit are finding that their second payment will arrive in the mail. Some scratched their heads about it on social media, including a Florida man who tweeted, “My first #stimulus payment came via direct deposit. Second came via paper check in the mail. Strange and mysterious are the ways of the #government.”
Officially, the IRS said in an updated FAQ on December 1. 30 that the stimulus would be sent to taxpayers’ accounts on file as of Dec. 22, 2020, and that checks will be mailed if your bank declines direct deposit because the account is invalid.
You can check the status of your payment in the IRS’s Get My Payment tool, which the agency has set up to provide recipients with updates on the status of their two stimulus checks, as well as the method of payment (direct deposit or regular mail). ).
an irs spokesperson did not directly answer money’s question about why some people are getting their stimulus payment in the mail this time, even if their bank account information hasn’t changed between the time they filed their taxes of 2018 and 2019.
postal mail could take up to two weeks longer than direct deposit and could come in the form of a physical check or even a debit card. watch your mail closely and don’t throw away that white envelope with red letters that says, “not a bill or an advertisement. important information about your economic impact payment.” those envelopes contain your stimulus check in the form of a debit card. the return address will be to a p.o. box in omaha, neb. and you will see a blue and yellow treasure seal department in the upper left corner. check envelopes can be just as bland, so be careful.
Adding to the confusion, a discrepancy with tax preparation services like TurboTax is leading to incorrect account information for some consumers who used those services, which the IRS says it is addressing as of January. 8.
more money:
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