Published: 04/09/2020
Your Stimulus Check
You might be wondering how and when your stimulus check will arrive to you. Here's what we know!
How?
If you received your 2018 or 2019 tax refunds electronically, you will then receive your stimulus money via direct deposit, to the deposit account you set-up with the IRS. Otherwise, expect your check to arrive in the mail at your registered address. Learn more about economic impact payments here.
BE AWARE
The government will not reach out to you and ask for your deposit account information. Treat any attempt at this as a scam. Learn more about stimulus payment scams here.
When?
While we know that the first batch of stimulus checks are to go out mid-April, there is no way to track when you’ll get yours exactly. This is especially because of the unknown amount of time it will take the IRS to process payments to every entitled taxpayer. Because of this, we suggest setting up e-Alerts, where you can be notified immediately when there’s an incoming automatic deposit to your FDLCU account.
Additionally, the IRS plans to mail a letter to your last known address within 15 days after your payment has been processed and paid. The letter is to provide information on how the payment was made and how to report any failure to receive the payment.
How much?
If you’re curious about how much you expect to receive, the Washington Post has provided a calculator to help estimate this.