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CARES Act Stimulus Checks

Stimulus checks are now arriving through direct deposit. What does it mean for you?

You may be wondering when and how you will receive your stimulus check from the CARES Act.

The first wave of stimulus direct deposits went out the week of April 13, 2020. The IRS will process additional waves each week until everyone who is eligible receives their relief funds.

As the relief checks begin to arrive, we want our members to be as informed as possible.

The Consumer Financial Protection Bureau states that for many people, the stimulus payments will be directly deposited into the account they used to process their tax returns or sent by check. If it’s sent by check, you may not receive it as soon as a direct deposit.

Payment recipients should watch for an IRS letter to be mailed to your last known address within 15 days after the payment is made. The letter will provide information on how the payment was made and how to report any failure to receive the payment. If a taxpayer is unsure that they’re receiving a legitimate letter, the IRS urges taxpayers to visit first to protect against scam artists.


Who is eligible to receive a payment?

Stimulus aid amounts will be based on household income reported in 2018 taxes (or 2019 taxes if they’ve already been filed), and will average $1,200 for each adult earning up to $75K a year and married couples earning up to $150K a year.

Check amounts will begin to phase out for individuals whose income exceeds the $75K threshold, and for couples who earn more than $150K (reduced by $5 for each $100 above the $75,000/$112,500/$150,000 thresholds). Individuals earning more than $99K, and couples with no dependents earning more than $198K, won’t receive stimulus checks. Each household will also receive an additional $500 for every child under the age of 17 living at home.

Eligible retirees and recipients of Social Security, Railroad Retirement, disability or veterans' benefits as well as taxpayers who do not make enough money to normally have to file a tax return will receive a payment. This also includes those who have no income, as well as those whose income comes entirely from certain benefit programs, such as Supplemental Security Income benefits.

Retirees who receive either Social Security retirement or Railroad Retirement benefits will also receive payments automatically.

Taxpayers can check the tool to see if they have a filing requirement.  

If you don’t have to file, use the "Non-Filers: Enter Payment Info Here" application to provide simple information so you can get your payment.

You can look up your anticipated check amount on this calculator.


Avoid possible scams

With the rollout of the stimulus checks, there’s an increased risk of scams. It’s important to stay vigilant and aware of unsolicited communications asking for your personal or private information – through mail, email, phone call, text, social media or websites – that:

  • Ask you to verify your SSN, bank account, or credit card information.
  • Suggest that you can get a faster payment if they fill out information on your behalf or if you sign over your check to them.
  • Send you a bogus check, perhaps in an odd amount, and then ask you to call a number or verify information online in order to cash that check.

Be aware that scammers are also able to replicate a government agency’s name and phone number on caller ID. It’s important to remember that a government agency will never ask you for your personal information or threaten your benefits.

If you receive an unsolicited email, text or social media attempt that appears to be from the IRS or an organization associated with the IRS, like the Electronic Federal Tax Payment System, notify the IRS at and the U.S. Attorney’s Office and the COVID19 Fraud Coordinator. You can also learn more about COVID-19 related scams on our website.


Stay Up to Date

For up to date information regarding the stimulus checks visit


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