Didn’t Get Your COVID-19 Stimulus? Call the IRS

COVID 19 Stimulus Paramount Bank IRS FTC Federal Trade Commission Internal Revenue Service CARES Act March 2020

Still have yet to receive your COVID-19 stimulus check? You should call the IRS about that.

According to the Federal Trade Commission (FTC), most of the stimulus checks have been distributed. However, there are some who have yet to receive the stimulus as part of the CARES Act, passed in March of this year.

Let’s break it down.

The IRS will NOT call you

In a recent post, the FTC warned about potential scams with regard to unpaid stimulus checks. The IRS will not call you about a missing check.

You will need to be proactive here. Call the IRS, as they have been tasked with fielding questions regarding the reception of stimulus checks via the U.S. Treasury.

Even if you owe back taxes or may otherwise be in warm water with the Feds, the IRS will never initiate contact with you via phone call.

Verify your COVID-19 Stimulus delivery

When the CARES Act became law in March, the IRS stated that the delivery of stimulus checks would be made based on the readily-available bank account information. If you received a refund on your 2019 tax return, and chose to have your federal tax refund sent via direct deposit, then the IRS will use that information in sending you the CARES stimulus check.

If you know your direct deposit information is correct on your latest tax records, but still do not have a stimulus check, then you should investigate with your bank.

Otherwise, the IRS sent your CARES stimulus check through direct mail via the latest address on your tax records.

If you’re looking to earn some cash on top of that stimulus check, take a look at Paramount Bank’s High Interest Checking option.