April 15, 2020

TAGGED AS: 1st United News

Please visit the IRS website to check on your stimulus payment  

IRS economic impact payments (also known as stimulus checks) have begun arriving this week. For many of our members, these payments will be a significant relief during an already-trying time. As your Credit Union, we want you to know as much as you can about these payouts so you can not only safeguard your financial health but also protect yourself from stimulus payment fraud that is circulating. Please take a moment to review this information so you are prepared.


Per the IRS, your are eligible for payments if you meet the criteria below, based on your 2019 tax filing (or 2018 if you didn’t file 2019):

  • Individuals with adjusted gross income up to $75,000 or up to $150,000 for married couples filing joint returns will receive the full payment.
  • For those with income above those amounts, the payment amount is reduced.
  • Single filers with income exceeding $99,000 and $198,000 for joint filers with no children are not eligible.
  • Social Security recipients and railroad retirees who are otherwise not required to file a tax return are also eligible and will not be required to file a return.

Where & how payments are sent

Most people do not need to take action – payments will be automatically deposited to the financial institution used for your 2019 tax refund.  If you did not provide bank information, a check will be mailed, unless you provide your financial institution information to the IRS using their Get My Payment tool prior to your payment being processed. You can also use the Get My Payment Tool to check on your payment status.

Take action if you didn’t file 2019 taxes

If you didn’t file taxes, you may submit your information to the IRS to get your payment. Eligible U.S. citizens or permanent residents who had gross income that did not exceed $12,200 ($24,400 for married couples) for 2019 and were not otherwise required to file a federal income tax return for 2019, and didn't plan to, can submit a Non-Filers form on the IRS website.

Payment dates

Stimulus payments have begun distributing this week. However, expect weeks, up to months, to receive your payment. You may check the status of your payment using the IRS’ Get My Payment tool.

Watch for fraud

Please use caution. The IRS will not contact you about your stimulus payment.

  • If you are contacted by anyone to fill out a form regarding your stimulus check or anyone asks you to provide an account number for your stimulus check, it’s likely fraud.
  • The IRS will not call you seeking your account information in order to deposit stimulus funds. Do not give out your personal banking information to any caller.
  • If you receive a check for more than you were expecting, followed by a phony call telling you to keep $1200 and mail the rest back, it’s likely fraud. Do not cash that check.
  • 1st United will not call or text you asking for your online banking credentials (user ID, password, card number). Do not give out your personal banking information. We will verify you in other ways. Hang up and call 1st United if you aren’t sure!

Get Alerted When Your Payment Comes In

Create an alert on your 1st United checking or savings account that lets you know when your stimulus payment is deposited. Log in to your account, select Manage Alerts, then Account Alerts.  Choose History Alert from the drop down and fill in the information. Watch our video on how to create history alerts to learn more.

If youR account is closed

If you specified a 1st United account for your 2019 tax filing and that account is now closed, you will need to contact the IRS as soon as possible using the Get My Payment tool to let them know how you'd like to receive your payment. If they have already sent the payment, we will reject those funds and send them back to the IRS. We are unable to reopen the account to accept the funds.

We hope this information is helpful. We remain concerned about your health and well-being and are doing what we can to help our members and our community. If you have any suggestions or input, please reach out at email@1stunitedcu.org.