The IRS ‘Get My Payment’ no longer accepts linking new bank accounts to their system to get your second-round stimulus check. But all is not lost. You can still file a tax return to get the refund and have it direct deposited in a *Wicket Digital Bank Account safely and for free.
And, the new digital account will be active and ready when the next round of stimulus checks comes out! No delays!
See below for more details. You can click here to access the tax forms
Eligible individuals who did not receive the full amounts of both Economic Impact Payments, or stimulus checks, may claim the Recovery Rebate Credit on their 2020 Form 1040 or 1040-SR for both the first and second round checks. To determine whether you are an eligible individual or the amount of your Recovery Rebate Credit, complete the Recovery Rebate Credit Worksheet in the Instructions for Form 1040 and Form 1040-SR.
Generally, you are eligible to claim the Recovery Rebate Credit if you were a U.S. citizen or U.S. resident alien in 2020, cannot be claimed as a dependent of another taxpayer for tax year 2020, and have a Social Security number valid for employment that is issued before the due date of your 2020 tax return (including extensions).
You must file Form 1040 or Form 1040-SR to claim the Recovery Rebate Credit even if you are normally not required to file a tax return. Anyone with income of $72,000 or less can file their Federal tax return electronically for free through the IRS Free File Program. Free File is a public-private partnership between the IRS and many filing and tax preparation software providers who provide their brand-name products for free. The safest and fastest way to get a tax refund is to combine electronic filing with Direct Deposit.
Click here to apply for a Wicket Digital Bank Account now and you can file the tax return and have the refund deposited in your account safely and free!
*Wicket banking and card services are provided through Radius Bank, member FDIC, pursuant to a license from Mastercard international. Deposits insured by the FDIC up to the allowable limit, $250,000. To have your tax refund direct deposited to your Wicket account, simply provide your Wicket account credentials (account and routing number) on your tax return where indicated. Wicket does not guarantee payments or returns received from the IRS. All deposits must be in the name of the account holder or they cannot be accepted.
**For additional information or clarification on tax filing and Covid-19 Relief eligibility, please refer directly to the IRS or your accountant as we are not certified tax specialists.
Generally, if you are a U.S. citizen or U.S. resident alien, you will receive an Economic
Impact Payment of $1,200 ($2,400 for a joint return) if you (and your spouse if filing a joint return) are not a dependent of another taxpayer and have a Social Security number valid for employment and your adjusted gross income (AGI) does not exceed:
• $150,000 if married and filing a joint return
• $112,500 if filing as head of household or
• $75,000 for eligible individuals using any other filing status Your payment will be reduced by 5% of the amount by which your AGI exceeds the applicable threshold above.
You are not eligible for a payment if any of the following apply to you:
• You may be claimed as a dependent on another taxpayer’s return (for example, a child or student who may be claimed on a parent’s return or a dependent parent who may be claimed on an adult child’s return).
• You do not have a Social Security number that is valid for employment.
• You are a nonresident alien.
Click the “Get My Payment” button at https://www.irs.gov/coronavirus/get-my-payment and follow the instructions.
You may still be eligible to receive a payment in 2021 if:
• You did not register online, by mail and did not get a payment in 2020 or,
• You received a payment, but it wasn’t the full amount of the Economic Impact Payment.
The maximum credit for the first round is $1,200, or $2,400 if married filing jointly, plus $500 for each qualifying child.
Then, when you file a 2020 Form 1040 or 1040-SR you may be eligible for the Recovery Rebate Credit.
Save your IRS letter – Notice 1444 Your Economic Impact Payment – with your 2020 tax records.
You’ll need the amount of the payment in the letter when you file in 2021.
Generally, if you are a U.S. citizen or U.S. resident alien, you will receive an Economic Impact Payment of $1,200 ($2,400 for a joint return) if you (and your spouse if filing a joint return) are not a dependent of another taxpayer and have a Social Security number valid for employment and your adjusted gross income (AGI) does not exceed:
• $150,000 if married and filing a joint return
• $112,500 if filing as head of household or
• $75,000 for eligible individuals using any other filing status Your payment will be reduced by 5% of the amount by which your AGI exceeds the applicable threshold above.
You are not eligible for a payment if any of the following apply to you:
• You may be claimed as a dependent on another taxpayer’s return (for example, a child or student who may be claimed on a parent’s return or a dependent parent who may be claimed on an adult child’s return).
• You do not have a Social Security number that is valid for employment.
• You are a nonresident alien.
Click the “Get My Payment” button at https://www.irs.gov/coronavirus/get-my-payment and follow the instructions.
You may still be eligible to receive a payment in 2021 if:
• You did not register online, by mail and did not get a payment in 2020 or,
• You received a payment, but it wasn’t the full amount of the Economic Impact Payment.
The maximum credit for the first round is $1,200, or $2,400 if married filing jointly, plus $500 for each qualifying child.
Then, when you file a 2020 Form 1040 or 1040-SR you may be eligible for the Recovery Rebate Credit.
Save your IRS letter – Notice 1444 Your Economic Impact Payment – with your 2020 tax records.
You’ll need the amount of the payment in the letter when you file in 2021.