EPISODE · May 28, 2020 · 10 MIN
IRS News Economic Impact Payments being sent by prepaid debit cards, arrive in plain envelope
from Tax & Current Accounting Topics
Economic Impact Payments being sent by prepaid debit cards, arrive in plain envelope; IRS.gov answers frequently asked questions https://www.irs.gov/newsroom/economic... https://accountinginstruction.info WASHINGTON – As Economic Impact Payments continue to be successfully delivered, the Internal Revenue Service today reminds taxpayers that some payments are being sent by prepaid debit card. The debit cards arrive in a plain envelope from "Money Network Cardholder Services." Nearly 4 million people are being sent their Economic Impact Payment by prepaid debit card, instead of paper check. The determination of which taxpayers received a debit card was made by the Bureau of the Fiscal Service, a part of the Treasury Department that works with the IRS to handle distribution of the payments.
Embed this episode
NOW PLAYING
IRS News Economic Impact Payments being sent by prepaid debit cards, arrive in plain envelope
No transcript for this episode yet
Similar Episodes
No similar episodes found.
Similar Podcasts
No similar podcasts found.