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As part of the CARES Act recently passed by Congress, you may receive a coronavirus stimulus check (officially known as an Economic Impact Payment) in the coming weeks.
The Treasury Department and the Internal Revenue Service began distributing Economic Impact Payments to eligible individuals and households in mid-April.
If you filed federal income taxes in 2019 or 2018, no action is required. The IRS will calculate and automatically send the Economic Impact Payment to those who are eligible.
Direct deposit payments are being made by the IRS first, with paper checks to follow.
Visit the Get My Payment site at IRS.gov to find out. You can also check the status of your payment and, if it hasn’t been sent yet, add your direct deposit information to receive your payment as soon as possible. If you’re a U.S. Bank customer, you can easily find your account and routing numbers using the U.S. Bank Mobile App or online banking.
If you haven’t yet filed your federal income taxes for 2019, there’s still time. The IRS filing deadline has been extended until July 15, and Economic Impact Payments will be available through the end of 2020. The IRS urges anyone with a tax filing obligation who has not yet filed a tax return for 2018 or 2019 to file as soon as they can to receive an Economic Impact Payment.
To receive your payment faster, you should include direct deposit information with your tax filing. If you’re a U.S. Bank customer, you can easily find your account and routing numbers using the U.S. Bank Mobile App or online banking.
If you haven’t filed your taxes for 2019 and weren’t planning to, you can still receive a stimulus payment if you’re eligible. The IRS has established a secure, fee-free Non-Filers: Enter Info Here application to collect the required information. The IRS will use this information to determine your eligibility and payment amount and send you an Economic Impact Payment.
If you receive an Economic Impact Payment in the form of a physical check through the mail, a fast and safe way to deposit your money is with mobile check deposit.1 We encourage you to download the U.S. Bank Mobile App and use this free service.
We’ve increased mobile deposit limits for many customers and removed the restriction on government checks to make it easier to deposit other checks, such as paychecks and Social Security payments, from home.
To be notified in real time, we recommend setting up a transaction alert (in either online banking or the app). You can choose to be notified by text2 or email whenever a deposit or withdrawal is made on your account.
Visit the Get My Payment site at IRS.gov to monitor the status of your payment and add your direct deposit information for faster delivery. If you’re a U.S. Bank customer, you can easily find your account and routing numbers using the U.S. Bank Mobile App or online banking.
For text alerts, standard messaging charges apply through your mobile carrier and message frequency depends on account settings.Return to content, Footnote 2
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