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What we know about instant deposit to get your second stimulus check earlier


More money for incentive vouchers could come in soon.

Angela Lang / CNET

Now Congress one second stimulus control, the fastest way to receive it is probably by direct deposit to your bank account. We know that people who had provided the IRS with all their bank details – through their tax return or by signing up with a new tool created for the initial stimulus check – would receive their check faster than people who received a paper check or EIP card in the mail.

The second stimulus control comes as part of one $ 900 billion incentive bill that empowers up to $ 600 for each eligible adult and child dependent. It can be delivered already next week. You can estimate your amount with our second stimulus check calculator.

Although we are still waiting for President Donald Trump sign the bill into law, you can prepare for the second stimulus control and make sure you receive your future payment as soon as possible by providing the IRS with your direct deposit information. Here’s what to do if you haven’t already set up a direct deposit with the IRS. (And here’s who may not be eligible for a new check.) This story is regularly updated with new information.

How did the IRS get my bank account information for the initial check?

For the first round of payments, the IRS used direct deposit information from one of the following places:

  • Your last tax return filed if you received a direct deposit refund in 2018 or 2019.
  • The bank details that you have provided via the online tool Get My Payment.
  • The bank details you provided via the Non-Filers tool: enter payment details here.

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Will the IRS use the same information for the second stimulus check?

For the second stimulus control, the IRS will again use bank information provided through a federal tax return. An IRS spokesperson told CNET that bank details captured through the Get My Payment and Non-Filers tools were specific to the initial check, so the reuse of information entered through those IRS tools would depend on the guidelines set by Congress. outlined in another economic bailout law for direct deposit payments.

read more: Sorry, not everyone gets a second incentive payment. What we know so far

What does the IRS need to set up direct deposit?

The IRS has not yet opened up its Get My Payment tool to new direct deposits, but when it comes time to provide your bank information, have your bank account type and routing and account numbers ready. There are several ways to find this bank information.

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.

Can I still change or correct my bank information with the IRS?

While you could use the Get My Payment and Non-Filers tools to provide the IRS with your bank information, 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.

Does the IRS have a deadline for providing my bank information?

For the initial check, the IRS set a deadline of May 13 to provide the agency with your bank details – this was about a month after the initial direct deposits were made. If you missed the deadline, you received your check in payment by mail or as a prepaid debit card. We can expect a similar cutoff from the IRS, but we haven’t heard any details yet.

For more information about the checks, here how quickly the IRS can send your payment, 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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