The IRS last week sent the seventh batch of stimulus checks that included 850.00 paper checks. If you are still waiting for yours, how can you spot it in the mail?
The last batch of EIP payments sent by the IRS contains about 1.1 million direct deposit payments (with a total value of $2.5 billion) and about 850,000 paper check payments (with a total value of more than $1.8 billion).
According to the IRS website, a large number of this latest batch of direct payments will be mailed, so taxpayers who haven’t provided banking information for a direct deposit should watch the mail carefully in the coming weeks for a paper check or a prepaid debit card.
Taxpayers receiving stimulus checks in the mail may get either a paper check or an EIP Card, so the IRS and the Treasury Department urge eligible people who have not received a direct deposit to watch their mail carefully during this period.
What do the paper checks look like?
Paper checks will arrive by mail in a white envelope from the U.S. Department of the Treasury and will be labeled as an "Economic Impact Payment" in the memo field.
What does the EIP card look like?
The EIP Card will also come in a white envelope displaying the seal of the U.S. Department of the Treasury.
The card has the Visa name on the front and the issuing bank, MetaBank, N.A. on the back, and information included with the card will explain that this is an Economic Impact Payment.
Each mailing will include instructions on how to securely activate and use the card. It is important to note that none of the EIP cards issued for any of the three rounds is reloadable; recipients will receive a separate card and will not be able to reload funds onto an existing card.