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Home > About Us > Newsroom > Coronavirus (COVID-19) > Stimulus Update

Stimulus Update

Electronic and check payments are in progress

All Economic Impact Payments — also known as stimulus payments — that were directly sent to VyStar from the IRS have been posted to member accounts as of Dec. 31. However, due to an IRS error, some stimulus payments were sent to third-party tax preparers (i.e., TurboTax, H&R Block), resulting in eligible members not receiving stimulus funds.

If you have not received your payment and believe you are eligible, it may still be on the way. Several tax preparers have begun rerouting stimulus payments to consumer accounts, and VyStar started receiving and immediately posting those last week. The IRS also says they will issue checks or electronic payments to consumers whose stimulus funds were sent to a third party. (Initial stimulus check payments were sent in early January and are expected to continue throughout the month.)

Unfortunately, VyStar does not have any additional information about such payments. However, here are some actions you can take if you don’t receive payment and believe you are eligible:

  • Use the “Get My Payment” tool at www.irs.gov to check the status of your payment.
  • File for the Recovery Rebate Credit on your 2020 tax return if you believe your payment was sent to a third-party or closed account, or if you did not receive payment and believe you are eligible.

The IRS is the only organization that can answer questions related to your specific stimulus payment. However, we will continue to provide updates as they become available. For additional information, please visit www.irs.gov.

Stimulus FAQ

What do I need to do to get my stimulus payment?

No action is required from most people, including those who electronically file tax returns or receive Social Security payments.

Stimulus payments are being automatically posted to member accounts as we receive them from the Internal Revenue Service (IRS).

How should I expect to receive my payment?

  • If you have already filed your taxes this year, the IRS will automatically deposit your payment into the bank account provided on your 2019 return.
  • If you have not yet filed your 2019 return, the IRS will use the information provided on your 2018 return.
  • If you did not file in 2018 or 2019, you still have time to file through IRS.gov.
  • If you do not typically file a tax return, you can submit your information by visiting the non-filers webpage provided by the IRS.
  • If you typically receive your tax refund by mail, the IRS will mail your stimulus check to the address provided on your return.

How do I submit my direct deposit information to the IRS?

To update your account information, check your payment status or submit a new mailing address, visit the IRS Economic Impact Payments webpage.
 

Why have I not received my stimulus payment?

Unfortunately, VyStar does not have any information regarding missing payments, as we simply process the payments provided to us by the IRS.

Please note that these payments are being sent by the IRS in batches over the coming weeks, and not all members will receive their funds at the same time.

How can I check the status of my payment?

Visit the Economic Impact Payments webpage provided by the IRS to check your payment status and update your direct deposit information.
 

Why does the IRS.gov website say my status is not available?

VyStar does not have information regarding eligibility. Your eligibility status is determined by the IRS and can be viewed by visiting the IRS Economic Impact Payment information center.
 

How much will my payment be?

VyStar does not determine the amount received by eligible recipients. This amount is decided by the IRS. Please visit their information center for current information and to use their eligibility calculator.
 

As a Social Security recipient, why haven’t I received my payment?

Because the IRS is sending payments in batches, your payment may be part of a later group. Please check IRS.gov for updates on the status of your payment.

Social Security and Railroad Retirement recipients who are not typically required to file a tax return do not need to take action. The IRS will use information on the Form SSA-1099 to issue Economic Impact Payments.

Why have I not received my first stimulus payment if my tax refund was deposited into my account with no issue?

The IRS sent out the first round of stimulus payments the week starting April 13th, and there will be more deposits in the coming weeks. Please continue checking the IRS.gov website for updates on your payment status.
 

How will I know when my payment has been direct deposited into my account?

If you expect to receive your payment electronically, we encourage you to check your account regularly via Internet & Mobile Banking and sign up for direct deposit text alerts to find out when the funds have posted to your account.
 

If I don’t typically file a tax return, how will I receive stimulus funds?

You can submit your direct deposit information to the IRS through their non-filers webpage.
 

When will the IRS start sending checks to eligible recipients?

Payments could be distributed as early as January, but please visit www.irs.gov for updates. Checks can be verified at tcva.fiscal.treasury.gov. 

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VyStar Credit Union
P.O. Box 45085
Jacksonville FL 32232
904-777-6000 or 800-445-6289
Routing Number 263079276

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