Updated March 12, 2021
The Treasury Department and the Internal Revenue Service recently announced that they will begin delivering a third round of Economic Impact Payments to millions of Americans as part of the American Rescue Plan Act of 2021. Initial direct deposit payments may begin as soon as March 13 and will continue into April.
For most taxpayers, this payment is automatic and no further action is needed.
Please note: If your payment is erroneously sent to an account that is closed, inactive or a temporary account, you may need to claim the Recovery Rebate Credit when filing your 2020 tax return electronically.
If you’re eligible to receive a payment, you will receive the funds in one of these ways:
Once the IRS begins to distribute payments, the IRS's Get MY Payment tool will be updated to reflect direct deposit or mailed payment date. The IRS is expected to update the payment status regularly.
The 2021 stimulus payment program is quickly evolving, and the information provided may be subject to change, or other circumstances may apply to you. For the most current information about stimulus payments, as well as Frequently Asked Questions, visit IRS.gov.
Many customers will receive their payment as direct deposit into the account most recently used for a tax refund or for social security payments.
If the IRS does not have your direct deposit details, checks are estimated to be mailed in March. Remember, there are several simple ways you can deposit your check with Lakeland Bank.
Use Mobile Deposit
A secure, simple and fast way to deposit checks into your account. Follow these easy steps.
Deposit your check at a Lakeland Bank ATM*
Find the closest Lakeland Bank ATM and stop by at your convenience.
*This service is not available at our Cedar Crest, Hackensack Main and Sussex-Wantage locations.
Visit the drive-up at one of our local branches
Find your local branch and check the status of available services including our hours of operation.
A drastic increase in Coronavirus related scams is being reported worldwide. To protect your finances and personal information, be on high alert for emails, texts and phone calls that may be from scammers disguised as official businesses or government agencies requesting your information.