Scams are always a concern when money is involved, so you should be on the lookout. Some possible scams include: Emails or texts that try to get you to click on a link that then takes you to a form that asks you for personal information so you can get any payment that you are… Read more
Archives: FAQs
What is the Recovery Rebate Credit?
The credit is the money you receive in stimulus payments. If you do not receive the amount you are entitled to, you can apply to receive those funds when you file your 2020 tax return. You can visit the IRS website for more information about the Recovery Rebate Credit.
What if my address was changed or is wrong?
If your payment can’t be delivered to you for any reason and is returned to the IRS, you’ll need to claim the Recovery Rebate Credit on your 2020 return.
What happens if the post office was unable to deliver my payment?
If your payment is not deliverable or is returned to the IRS for other reasons, you will need to claim the Recovery Rebate Credit when you file your 2020 tax return. Be sure to include your current address on your return so the IRS can update your information.
My bank account information has changed or was incorrect, what can I do?
According to the IRS, your payment information can’t be changed at this time. It says that “If you don’t get a payment and you’re eligible to receive one, you can claim the Recovery Rebate Credit on your 2020 tax return.”
What happens if I don’t receive my stimulus payment?
The IRS says that “If you filed taxes using an online tax-preparation service or software, it’s possible that your payment will be sent to a temporary bank account that has since been closed. Tax preparers customarily set up such so-called Refund Transfer accounts so they can deduct authorized fees before passing the balance along to… Read more
How can I deposit my stimulus check if I receive it by mail?
The quickest and most convenient option for depositing your stimulus check is Mobile Deposit. Simply use your smartphone or tablet and our mobile banking app to make a deposit any time. Mobile deposit is easy, just: Make sure to endorse your check. Open our mobile banking app and select ‘Deposit’ from the menu at the… Read more
How will I know when my federally issued electronic payment arrives?
You can check your bank account at any time of the day or night, using our mobile banking app or online banking. You can also set up an alert via our mobile app or your online banking account that will notify you via text or email as soon as a direct deposit has been made.
Someone I know already got their payment, why don’t I have mine yet?
Not all payments will go out at once. During the first two rounds, electronic payments were the first to be made, but they were staggered and were not all released at the same time. Checks and debit cards were the next to be sent and they are dependent on regular mail delivery. The whole process… Read more
What if I’m on Social Security and don’t need to file a tax return?
Your payment will be deposited directly to the bank account where you automatically receive your Social Security payment. A stimulus check will be mailed to you if you normally receive a paper check for your Social Security payment.
