If the IRS does not have your bank account information, you can still receive your payment by direct deposit rather than waiting to receive your check in the mail. The IRS recently launched the Get My Payment tool, which allows taxpayers to check on their Economic Impact Payment date and input or update direct deposit information. The online tool is available Here. You may need your 2018 or 2019 tax return and your bank account information to complete the application. If you don’t know your F&M Trust account or routing number, Contact Us.
Non-filers can register for stimulus payments through a new web tool launched by the Treasury Department and IRS. The Non-Filers: Enter Payment Info Here tool was designed for people who didn’t file a tax return for 2018 or 2019 and who don’t receive Social Security retirement, income or disability benefits or Railroad Retirement benefits. However, people in this group who have qualifying children under age 17 may use Non-Filers: Enter Payment Info to claim the $500 payment per child. More information about the tool and who should use it, is available Here.
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