Stimulus Payment Update
The Internal Revenue Service and the Treasury Department have started 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.
In most cases, no action is required by eligible individuals to receive this second payment. The IRS reminds taxpayers that the payments are automatic, and they should not contact their financial institutions or the IRS with payment timing questions. All IRS phone representatives do not have additional information beyond what’s available on IRS.gov and in the Get My Payment application. See the Resource section below for more details.
As with the first round of payments, most recipients will receive these payments by direct deposit. For Social Security and other beneficiaries who received the first round of payments via Direct Express, they will receive this second payment the same way.
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Questions you may have
When will I receive my payment?
Most individuals will receive payment via direct deposit on Monday January 4, 2021. Initial direct deposit payments, paper checks and prepaid debit card distribution began on or around December 29, 2020.
How will the IRS know where to send my payment?
Taxpayers with direct deposit information on file with the IRS will receive the payment that way. For those without current direct deposit information on file, they will receive the payment as a check or debit card in the mail. Those without current direct deposit information on file, will receive the payment as a check or debit card in the mail by the end of January. You can check the status of your payments by using the Get My Payment tool, available on IRS.gov or within the Resource section below.
How do I know if I received the funds?
If your First United account is the account on record with the IRS for direct deposit, simply access your balance using online, mobile or by contacting your local office or Customer Service Center.
What is the best way to deposit my check and access my funds?
Paper checks can easily be deposited using the First United Mobile Banking App or by using our drive-up service at your local office. If you do not currently use the mobile app, click here to download and get started. Remember, we are here to help – can contact your local office or the Customer Service Center for assistance.
Accessing and managing your funds should be handled using our everyday options:
The IRS is offering tax help for taxpayers, businesses, tax-exempt organizations, and others – including health plans – affected by coronavirus (COVID-19). You may be eligible to get a second Economic Impact Payment. This page provides the latest updates on Coronavirus Tax Relief and provides links to more helpful information, such as checking your payment status.
In most cases, those who are eligible will receive a payment automatically. If you had missed the deadline to register online, you may still be eligible to receive a payment in 2021. Access this page for more answers about the application using the Get My Payment FAQ or for questions about the second EIP
Here you can dive deeper into many of the commonly asked questions. The Economic Impact Payment Information Center provides additional FAQs, separated by topic.
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