The CARES Act includes a provision for eligible taxpayers who filed a 2019 or 2018 tax return. Individuals may receive a payment of up to $1,200, or $2,400 for married couples. Parents may also receive $500 for each qualifying child.1
How will you receive payment?
If you qualify and filed a 2019 or 2018 tax return, your payment will be deposited directly into the same bank account used for receiving your tax return. If you have not yet filed your 2019 tax return, the account used for your 2018 tax filing will be used.2
If you received your 2019 or 2018 tax refund via check in the mail, the IRS will mail the stimulus check to the physical address on file. You can easily deposit your check using Mobile Deposit in our Mobile Banking App.3
Please note: Payments are being distributed by the IRS in waves, so if someone you know has received theirs but you haven’t yet, it is not cause for concern.
For more information on these payments, including details on how to calculate the amount of your potential payment, please visit the IRS Coronavirus information page.