Irs Stimulus Eip Card
The eip card will be sent in a white envelope from economic impact payment card and will display the u s.
Irs stimulus eip card. Here s what that is how to find out if you ll get one and how to use it if you do. The agency will send out 8 million eip cards to some eligible individuals in the second wave of economic stimulus. Department of the treasury bureau of the fiscal service as part of the us debit card program.
The card has the visa name on the front and the issuing bank metabank n a on the back. The stimulus payment is loaded on the debit card. The cards are going out to certain eligible taxpayers who filed tax returns but for whom the irs doesn t have bank account information.
Information included with the eip card will explain that this is your economic impact payment. Please do not call the irs. Millions of americans.
Department of the treasury seal. If you have questions about the second economic impact payment also known as stimulus payments see the related questions and answers. The irs sent 4 million payments by prepaid debit cards or economic impact payment eip cards as the treasury department has dubbed them during the first set of stimulus payments.
Covid tax tip 2020 61 may 26 2020 nearly four million people are being sent their economic impact payment by prepaid debit card instead of paper check. The irs has issued approximately 160 million payments from the first round of economic impact payments totaling over 270 billion. The determination of which taxpayers receive a debit card was made by the bureau of the fiscal service another part of the treasury department that works with the irs to handle distribution of the payments.
For the first round of payments those who were eligible received the first stimulus payment by eip card instead of by check if they filed their taxes but the irs didn t have their bank account.