Irs Stimulus Money Card

Irs says the 600 payments are now on their way.

Irs stimulus money card. The irs will use the same method to get the money to people as it did in the first round said mark steber chief tax. How you can use it. Most people who qualify for a second stimulus check will get their money.

The prepaid debit card called the economic impact payment card is sponsored by the bureau of the fiscal service and is issued by treasury s financial agent metabank n a. Irs and treasury urge eligible people who don t receive a direct deposit to watch their mail carefully during this period. Around 4 million americans will be sent their stimulus payments via prepaid debit card.

Like the first payment the debit card stimulus money will probably be able to be used anywhere debit cards are accepted including in person online or over the phone. The government can t withdraw money from your eip card. The debit cards arrive in a plain envelope from money network cardholder services.

Ir 2020 105 may 27 2020 washington as economic impact payments continue to be successfully delivered the internal revenue service today reminds taxpayers that some payments are being sent by prepaid debit card. Your spending limit is the amount you received for your stimulus payment. The irs said some people who received a 1 200 stimulus payment during the first round last spring in the form of a paper check may get a prepaid debit card this time.