IRS Stimulus Payments
IRS Stimulus Payments
- COVID-Related IRS Stimulus Payments
- 2nd Round of Stimulus Payments
- FAQs on Payment Status
On Wednesday, December 30, the Internal Revenue Service and the Treasury Department began delivering a second round of Economic Impact Payments as part of the Coronavirus Response and Relief Supplemental Appropriations Act of 2021 to millions of Americans who received the first round of payments earlier this year.
Some members may already see a pending deposit, while others may see their pending deposit in the coming days. Paper checks are being mailed starting on December 30, 2020.
The IRS emphasizes that there is no action required by eligible individuals to receive this second payment. Some may see the direct deposit payments as pending or as provisional payments in their accounts before the official payment date of January 4, 2021. Payments are automatic, per the IRS, and Truliant does not have additional information related to the eligibility or timing of any member's stimulus payment.
For more information, please visit irs.gov/coronavirus/economic-impact-payments.
Because the stimulus payments affect a majority of our membership, there is a high volume of activity on our Online Banking platform, which is causing intermittent performance issues. We are working with our technology resources to improve performance. Members do not need to check for stimulus deposit updates more than once per day.
The federal government has notified us that payments will settle beginning on Monday, January 4, 2021.
From the U.S. Treasury Department: Eligible individuals will receive an Economic Impact Payment of up to $600 for individuals or $1200 for married couples and up to $600 for each qualifying child. Generally, if you have adjusted gross income for 2019 up to $75,000 for individuals and up to $150,000 for married couples filing joint returns and surviving spouses, you will receive the full amount of the second payment. For filers with income above those amounts, the payment amount is reduced.
Please Note: We are not able to confirm your eligibility. If you believe you are eligible, but have not received a direct deposit, it could be for one of the following reasons:
- It may be direct deposited at a later date or by paper check.
- Your direct deposit information on file with the IRS may be incorrect (routing number and/or account number).
For more information, you can visit irs.gov/coronavirus/get-my-payment.
Truliant representatives cannot help with payment status. For more information, please visit irs.gov/coronavirus/get-my-payment.
The IRS has indicated that if your check was delivered to a closed account, your payment will be delayed. If your deposit is rejected due to the account being closed, the IRS will issue your payment with a check mailed to the address on file for you. To prevent fraud, you cannot update your direct deposit information with the IRS once the payment was rejected.
While Truliant is here to help our members, we are not able to track your expected payments. To learn the status of your stimulus payment, visit the IRS website.