COVID Tax Tip 2020-61: Millions of people will get their Economic Impact Payment by prepaid debit card

IRS Tax Tips May 26, 2020
Useful Links: IRS.gov Help For Hurricane Victims News Essentials What's Hot News Releases IRS - The Basics IRS Guidance Media Contacts Facts & Figures Around The Nation e-News Subscriptions The Newsroom Topics Multimedia Center Noticias en Español Radio PSAs Tax Scams/Consumer Alerts The Tax Gap Fact Sheets IRS Tax Tips Armed Forces Latest News IRS Resources Compliance & Enforcement News Contact Your Local IRS Office Filing Your Taxes Forms & Instructions Frequently Asked Questions Taxpayer Advocate Service Where to File IRS Social Media	Issue Number: COVID Tax Tip 2020-61 Millions of people will get their Economic Impact Payment by prepaid debit card Nearly four million people are being sent their Economic Impact Payment by prepaid debit card, instead of paper check. The determination of which taxpayers receive a debit card was made by the Bureau of the Fiscal Service, another part of the Treasury Department that works with the IRS to handle distribution of the payments. These Economic Impact Payment Cards arrive in a plain envelope from Money Network Cardholder Services.  The Visa name will appear on the front of the card; the back of the card has the name of the issuing bank, MetaBank®, N.A. Information included with the card will explain that the card is an Economic Impact Payment Card.  Those who receive Economic Impact Payment by prepaid debit card can do the following without any fees:    •  Make purchases online and at any retail location where Visa is accepted    •  Get cash from in-network ATMs    •  Transfer funds to their personal bank account    •  Check their card balance online, by mobile app, or by phone This free, prepaid card also provides consumer protections available to traditional bank account owners, including protection against fraud, loss, and other errors. The card will come with instructions on how to activate and use it. Learn more at www.eipcard.com. More information: Economic Impact Payments by Prepaid Debit Card Economic Impact Payment Card Economic Impact Payment Information Center Share this tip on social media -- #IRSTaxTip: Taxpayers should be aware of Coronavirus-related scams. https://go.usa.gov/xw325 Back to Top         Thank you for subscribing to IRS Tax Tips, an IRS e-mail service. For more information on federal taxes please visit IRS.gov. This message was distributed automatically from the IRS Tax Tips mailing list. Please Do Not Reply To This Message.

 

---

Update your subscriptions, modify your password or email address, or stop subscriptions at any time on your Subscriber Preferences Page. You will need to use your email address to log in. If you have questions or problems with the subscription service, please contact subscriberhelp.govdelivery.com. This service is provided to you at no charge by the Internal Revenue Service (IRS).

---

This email was sent to business.solutions.ve@gmail.com by: Internal Revenue Service (IRS) · Internal Revenue Service · 1111 Constitution Ave. N.W. · Washington DC 20535