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Stimulus Check

Economic Impact Payments Made Simple

As stimulus payments begin to roll out nationwide, we wanted to provide you with resources to help you make sense of them.

Don't forget that you can visit the IRS website for regular updates. 

Here are some facts about the stimulus payments as of December 30, 2020. 

What amount should I expect? 

Not everyone is eligible for this payment. Here's what you can expected based on your financial situation provided by the IRS

  • Single taxpayers making $75,000 or less will receive $600
  • Married couples with no children earning $150,000 or less will receive a total of $1,200
  • $600 will be paid in addition for every qualifying child

Please note that your amount may be reduced or eliminated for those earnings higher than those amounts. Additional details are available on the IRS website.

When should I expect my check? 

The first round of stimulus payments will be posting January 4, 2021, with additional payments issued regularly. 

That means that if you have filed your taxes electronically and provided the IRS with you direct deposit information, you may receive your payment as early as January 4, 2021.

At RelyOn, if you are in the first wave of Stimulus Checks, you may see your Stimulus Check posted as early as one to two days prior to January 4, 2021. If the IRS doesn't have your direct deposit information, you may have to wait for a printed check. 

Please note that the IRS will be sending stimulus payments in waves and not all members will receive their payments at the same time. RelyOn will post your payments to your account as soon as we receive them. 

FAQs

The IRS is the final authority and should be your primary resource for information. Please refer to the IRS website for details.