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Instant deposit and your second stimulus check: everything you want to know


A second round of incentive check money is underway – but you still have questions.

Angela Lang / CNET

A stimulus check of up to $ 2,000 per person does not happen in this second payment round. What that means is one second stimulus check with a maximum of $ 600 each is the new limit for this share of incentive money, and the IRS and the Treasury are doing everything they can to get it out quickly. In fact, the checks are already delivered via direct deposit.

As a result, tens of millions of people will automatically receive the next round of incentive payments this way (here’s how calculate the total payment of your household). But, as with everything related to stimulus controls, the situation is not entirely clear, and there are some facts that you should be aware of. For example, you don’t need to actively register to get a second stimulus control this way, you also have very little control over the retrieval of information or noting whether something goes wrong at this point.

That can be frustrating if you are constantly checking your bank account for a new deposit from your second stimulus control, if you’re not sure why you got the amount you earned (here is that may not qualify) and whether you have a paper check or EIP card instead. We’ll help you stay on top of what you need to know. Meanwhile, here is the information we have about one third stimulus check. This story has been updated with new information.

Checks are now delivered via direct deposit for these people

The IRS is calculating the totals of the second stimulus control and the US Treasury is cutting payments. They are now going out to people who have already filed a direct deposit with the IRS. There is currently no way to register your information if you are not already registered with the IRS. That means you probably have one paper check or EIP card by post, both methods that can take much longer (more on this below).

This is how the IRS would have gotten your bank information:

  • Your last tax return filed if you received a direct deposit refund in 2018 or 2019.
  • If you have registered your bank details for the first check through the IRS ‘Get My Payment online tool.
  • You provided bank details through the Non-Filers: Enter Payment Details Here tool if you don’t normally file taxes.

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Second stimulus checks: everything you need to know


How about January 15th?

January 15 is the closing date prescribed by the Incentive account for December for when the IRS and the US Treasury should shut down sending new stimulus controls, via direct deposit and post.

Anyone who doesn’t get a second stimulus check sorted by that date should take the extra step of claiming it as one Chargeback discount as part of the 2020 tax season, presumably with exceptions for humans not usually required to file taxes.

That means the timing to get paid would vary wildly depending on when you can complete your taxes and how quickly the IRS would process your tax return. For example, people who apply in February can receive their second incentive money for months before those who apply in April. It is not clear whether applying for a tax extension would further slow things down.

Can you still sign up for direct deposit for a second incentive check?

With the first round, the IRS had people enter their direct deposit information using an online tool to potentially get their payment faster. In fact, the IRS encouraged it, setting a May 13 deadline for new submissions. The IRS has not specifically said whether it will allow new bank information, although it may not be due to a January 15th closing for sending payments – more on this below. We’ve asked the IRS for clarification.

You will soon be able to take your second stimulus check, but not yet

The IRS is in the process of updating it online tracking tool, the Get My Payment portal, so you can check the status of your first and second payment. The tool should be available soon. We will update this story as soon as it becomes available.


You may need to set up a direct deposit with the IRS if you haven’t already.

Sarah Tew / CNET

Can I change or correct my bank details for direct deposit?

In the initial checks, you can use the Get My Payment and Non-Filers tools to provide the IRS with your bank details. However, the IRS has said it doesn’t allow people to change the direct deposit information for an incentive payment it has registered. This is a protection against fraud.

The IRS said if your bank details have been changed or incorrect or if the bank account has been closed, the bank will reject the deposit and the federal agency will mail the payment to the address it registered. For assistance, you can try calling the IRS phone number at 800-829-1040. For specific questions about incentive payments, call the IRS Helpline number here: 800-919-9835.

If you’ve moved, you can provide the IRS with your new postal address.

Do you need a bank account to use direct deposit?

According to the Urban Institute, people with bank accounts and direct deposit (who are disproportionately white) were more likely to get their first stimulus check in late May than people who identify as black, Hispanic, or were below the poverty line. This was directly linked to groups who were more likely to have bank accounts and who had submitted that information to the IRS to facilitate tax returns for direct deposits.

Bank of America, JPMorgan Chase, Wells Fargo, and several other major banks are now offering more affordable check-free bank accounts as part of a program to make it easier for people to get bank accounts.

read more: Sorry, not everyone gets a second incentive payment

What information does the IRS need to set up a new direct deposit account?

While the IRS hasn’t said whether you can provide bank details for the second check through the Get My Payment tool, if so, you’ll want to have your bank account type and routing and account numbers handy. There are several ways to find this bank information. We’ve asked the IRS for clarification.

Banking website: Your bank’s website may show your routing and account numbers. Log in to the account you want to use and find the numbers you need.

Banking app: If your bank has an app, it can show you your account and routing numbers. In the app, tap the account you want to use to see the account and routing numbers.

Printed check: At the bottom of your check, you will likely see three sets of numbers: The first nine-digit string is your routing number. The second series of 8 to 12 numbers is your account number. The third set is the one you don’t need for direct deposit as it is the number of the individual check.

Check out this IRS page for more help finding your routing and account numbers.

For more information on the checks, here’s how calculate how much money you could get in a second stimulus check and everything you need to know stimulus qualifications now.

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