IRS Stimulus Checks
Millions of Americans have already received their Economic Impact Payments (Payments) authorized by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The Internal Revenue Service (IRS) continues to calculate and automatically send the Payments to most eligible individuals, however some may have to provide additional information to the IRS to get their Payments.
1. If you normally receive your tax refund via direct-deposit, it should be credited to your account automatically.
2. However, if you need to provide additional information to the IRS to get your Payment:
- Here are FREQUENTLY ASKED QUESTIONS related to these Payments. These questions and answers will be updated periodically. Please DO NOT call the IRS.
- CRBT also advises that you contact your tax advisor if you have additional questions regarding your stimulus payment.
3. If you do receive a paper check from the IRS, below are ways you can safely deposit it with us: WARNING: There has been a recent rise in financial scams. The bank, the IRS, or any other government agency will not call, text, email, or contact you on social media, or ask for any personal or bank account information.
- Mobile Deposit- Deposit your check through our mobile banking app by taking a picture of your check with your phone. You can sign up for our mobile banking and download our app in the App Store or Google Play.
- ATM- Deposit your check at any of our ATM locations that accept deposits. Find the location closest to you here.
- Drive-Thru- Our drive-thru banking locations and hours are available here.
- Bank by Mail- You can mail your check to your nearest CRBT branch location.
- Contact Us- 319.862.2728
More Information from the IRS
Please visit the IRS website for the most up-to-date information.
TurboTax has partnered with the IRS and debuted an online registration portal where low-income Americans who don't file a tax return can send their information to the IRS to get their stimulus payment as soon as possible.
The IRS has a reduced staff in many of its offices but remains committed to helping eligible individuals receive their payments expeditiously. Check for updated information on IRS.gov/coronavirus rather than calling IRS assisters who are helping process 2019 returns
Watch Out for Economic Relief Scams
While issuing stimulus relief by check or direct deposit, the government will NOT ask for a fee in order for you to receive the funds, nor will they ask for your personal or account information.
Recognize and avoid bogus website links. Cybercriminals embed malicious links to download malware onto devices or route users to bogus websites. Hover over suspicious links to view the actual URL that you are being routed to. Fraudulent links are often disguised by simple changes in the URL. For example: www.ABC-Bank.com vs ABC_Bank.com.
Help others by reporting coronavirus scams. Visit the FBI's Internet Crime Complaint Center at www.ic3.gov to report suspected or confirmed scams. You can also stay up-to-date on the latest scams by visiting the FTC’s coronavirus page at ftc.gov/coronavirus.