To get your 2020 stimulus check as quickly as possible, set up direct deposit with the IRS.
Angela Lang/CNET
For the most up-to-date news and information about the coronavirus pandemic, visit the WHO website.
If you want your 2020 economic impact payment transferred to your bank account through direct deposit, the IRS said you need to provide your banking information using the Get My Payment portal by noon ET on Wednesday, May 13. After the Wednesday deadline, the IRS will focus on sending the outstanding coronavirus relief paper checks up to $1,200 through the mail.
By the start of May, the IRS said it had made 130 million payments to US residents who meet the requirements for a check -- both through direct deposit and in the mail -- and intends to deliver the remaining payments through June. If you've not set up direct deposit yet and want to get your check quicker, we'll show you how to use the direct deposit form in the IRS Get My Payment portal.
Direct deposit is more convenient and secure than receiving a check in the mail, according to US Treasury Secretary Steven Mnuchin. And depositing a paper check means you either have to upload it to your account with your banking app or make a trip to the bank. If you are receiving your check in the mail, the US Postal Service can notify you when it's on the way. And here's what we know so far about a possible second round of economic stimulus payments.
CNET Coronavirus Update
Keep track of the coronavirus pandemic.
The IRS has tried to make the process of setting up direct deposit simple, using the Get My Payment app, which you can also use to track your IRS stimulus money. We'll tell you what personal information you'll need to have on hand to make setup go more smoothly and explain what happens if you get an error message. Some people, however, are having problems tracking their payments and signing up for direct deposit.
How to set up direct deposit for your stimulus check
To get started with Get My Payment portal, you may need your 2019 tax return if you've filed, as well as your 2018 return. Because of high demand on IRS.gov, you may need to wait until it's your turn to access the tool. If you get an error message, see the next section. And the IRS said a Spanish-language version of Get My Payment is coming in a few weeks.
1. Head to the IRS' Get My Payment page and tap the blue Get My Payment button to set up direct deposit for your economic impact payment.
You have till May 13 to set up direct deposit for your stimulus check. Here's how
by Eula Walkley (2024-12-10)
id="article-body" class="row" section="article-body">To get your 2020 stimulus check as quickly as possible, set up direct deposit with the IRS.
Angela Lang/CNET
For the most up-to-date news and information about the coronavirus pandemic, visit the WHO website.
If you want your 2020 economic impact payment transferred to your bank account through direct deposit, the IRS said you need to provide your banking information using the Get My Payment portal by noon ET on Wednesday, May 13. After the Wednesday deadline, the IRS will focus on sending the outstanding coronavirus relief paper checks up to $1,200 through the mail.
By the start of May, the IRS said it had made 130 million payments to US residents who meet the requirements for a check -- both through direct deposit and in the mail -- and intends to deliver the remaining payments through June. If you've not set up direct deposit yet and want to get your check quicker, we'll show you how to use the direct deposit form in the IRS Get My Payment portal.
Direct deposit is more convenient and secure than receiving a check in the mail, according to US Treasury Secretary Steven Mnuchin. And depositing a paper check means you either have to upload it to your account with your banking app or make a trip to the bank. If you are receiving your check in the mail, the US Postal Service can notify you when it's on the way. And here's what we know so far about a possible second round of economic stimulus payments.
CNET Coronavirus Update
Keep track of the coronavirus pandemic.
The IRS has tried to make the process of setting up direct deposit simple, using the Get My Payment app, which you can also use to track your IRS stimulus money. We'll tell you what personal information you'll need to have on hand to make setup go more smoothly and explain what happens if you get an error message. Some people, however, are having problems tracking their payments and signing up for direct deposit.
How to set up direct deposit for your stimulus check
To get started with Get My Payment portal, you may need your 2019 tax return if you've filed, as well as your 2018 return. Because of high demand on IRS.gov, you may need to wait until it's your turn to access the tool. If you get an error message, see the next section. And the IRS said a Spanish-language version of Get My Payment is coming in a few weeks.
1. Head to the IRS' Get My Payment page and tap the blue Get My Payment button to set up direct deposit for your economic impact payment.