Stimulus Check Update- Banking Information

If you haven't received your stimulus payment and the IRS does NOT have your direct deposit banking information to send it to, go to https://www.irs.gov/coronavirus/get-my-payment

PLEASE NOTE THAT TRACKING OF ECONOMIC IMPACT PAYMENTS ARE NOT YET AVAILABLE, BUT WILL HOPEFULLY BE AVAILABLE SOON. This is only to give the IRS your banking information.

This instructional blog post and video does NOT substitute the help and guidance of a tax professional. You should always consult a tax professional before sending this information to the IRS and/or if you have difficulties providing the IRS with your banking information. Please understand that we can not be responsible for any mistakes you made. Sorry for the legal disclaimer, but it's a requirement per our Lawyer.

Also, please note that the information posted in this post is subject to change by the IRS at ANY time.

I have uploaded this instructional video (see bottom) to help you navigate. Along with written step by step instructions.

1. Go to https://www.irs.gov/coronavirus/get-my-payment

2. Click "Get My Payment"

3. Read the disclosure and click "Ok"

4. Enter your social security number. Please note the IRS wants the Primary Taxpayer's Social Security Number. If you are filing a joint return, you would use the first Social Security Number listed. Do not use the Spouse Social Security Number. See Figure A below.

5. Enter your date of birth. Again, this is for the Primary Taxpayer. Do not enter the spouse's date of birth. See Figure A.

6. Enter your address (most likely, they will want the address from the most recently filed tax return on file, although it is important to note that the site doesn't actually say this at this time). See Figure A.

7. Enter Your Zip Code.(most likely, they will want the address from the most recently filed tax return on file, although it is important to note that the site doesn't actually say this at this time. See Figure A

Figure A

8. If you did not have a refund direct deposited for either 2018 or 2019's tax return, you will now come to the screen in Figure B. It states that the IRS does not have your banking information and the need you to update them. If this screen comes up, click "Enter Bank Information". If this screen doesn't come up, then the IRS already has your banking information on file, and they will be sending your payment automatically (meaning you don't do anything else). Simply log off then and wait for your payment. Again, you will not be able to track your stimulus payment at this time.

Figure B

9. Next the IRS is going to validate your identity and ask for your banking information. First, enter your adjusted gross income. This is line 8b on the 2019 Form 1040 and Form 1040 SR.

If you are using 2018's tax information, this is line 7 on form 1040.

See Figure C

10. Check the appropriate box letting the IRS know that you received either a refund or a balance due for 2019 or 2018 (whichever you are using). See Figure C.

11. Enter the refund or amount owed from 2019 or 2018 (whichever you are using). Be sure to enter the amount in whole dollars without any symbols such as commas, decimal points or dollar signs.

Refund amounts are listed on line 21a of 2019 Form 1040 and 1040SR. Balance Dues are listed on line 23 of 2019 Form 1040 and 1040SR.

On 2018 Form 1040, refund amounts are listed on line 20a, and balance dues are listed on line 23.

Figure C