Financial Fridays: Emergency Impact Payment Information

There are numerous financial assistance programs for individuals and families who are affected by COVID-19.  These programs, resources, and extensions do change day to day – check the resources for what you, or your friends, family, or clients need.

**last updated on 4/20/2020**

The IRS has launched an official website where non-tax filers can now safely and legitimately file their Emergency Impact Payment information to make sure their address and bank information (if any) is up to date. This website is: https://www.irs.gov/coronavirus/economic-impact-payments

This is the only safe way to register or update your information with the IRS to make sure you receive your full relief payments in a timely manner.

Treat all other websites as SCAMS or shady. No one from the IRS will call, text, or email people to get their personal information.

When checks start to be deposited, you will get a paper letter from the IRS stating that your check is on its way to your bank. No need to do anything unless the check doesn’t show up in your bank account after receiving the letter.

Individuals who may file online now include people who did not file a tax return in either 2018 or 2019, which could include:

  • Low or no-income households
  • Supplemental Security Income recipients
  • Veterans receiving VA benefits
  • Individuals receiving Social Security retirement, Social Security Disability Insurance, or Railroad Retirement benefits – ONLY IF they have dependents under age 17 in order to claim the $500/per dependent payment amount.

Individuals who need to wait yet to update their address and/or banking information:

  • Those who did file taxes in 2018 or 2019
  • Those who receive SS, SSDI, or RR benefits and do not have dependents