Stimulus check direct deposits: Here's when you can give the IRS your information
For taxpayers who qualify for a coronavirus stimulus check of up to $1,200, the federal government said it will automatically send the payment straight to your bank if you have direct deposit set up. If you don't, your check will come in the mail. (Here's what we know about tracking your IRS stimulus money.)
If you're one of the 8 in 10 taxpayers who already get their tax refunds through direct deposit, that's the information that the IRS will use. But if you're in that 20% who gets their refunds by mail -- or not at all -- the IRS told us that it will set up an online tool by April 17 to get your coronavirus relief payment transferred electronically to your bank account. The first direct deposit payments will go out the week of April 13.
Next week, the IRS hopes to have available an online tool called Get My Payment to help you provide your banking information so you can receive your stimulus check through direct deposit. To help you get ready, here's what you need to get your stimulus check sent to your bank account. We'll update the story as soon as we have more information.
What will the IRS need from me to set up direct deposit?
You'll want to have at hand your bank account's routing and account numbers. You have several ways to find this banking information.
Banking website: Your bank's website may show your routing and account numbers. For Bank of America, for example, log into your account, select the account you want to use and then tap the Information & Services tab to see the numbers you need.
Banking app: If your bank has an app, it may show you your account and routing numbers. In the Bank of America's BofA app, for example, tap the account you want to use and then scroll to the bottom of the app window to see your clearly labeled account and routing numbers.
Printed check: At the bottom of your check you most likely will see three sets of numbers: The first set of nine numbers is your routing number. The second set of 8 to 12 numbers is your account number. The third set -- which you don't use to set up direct deposit -- is the check number.
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