There are new FAQs and answers from the IRS about the Economic Impact Payments (EIPs)

Questions keep popping up about the Economic Impact Payments (EIPs) being sent to millions of Americans, and so do new answers from the IRS. For example, can you have your EIP sent to a prepaid debit card? The IRS says “maybe.” It depends on your prepaid card and whether your payment has already been scheduled. You also would need to check with the financial institution to ensure your card can be re-used and obtain the routing and account number, which may be different from the card number.

For more details, read the FAQs: https://bit.ly/2LAY4we.

EIPs are being sent to taxpayers under a certain income threshold to ease the economic impact of the novel coronavirus (COVID-19) crisis.