Economic Impact Payments being sent by prepaid debit cards, arrive in a plain envelope

IR-2020-105, May 27, 2020

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.

Those who receive their Economic Impact Payment by prepaid debit card can do the following without any fees.

  • Make purchases online and at any retail location where Visa is accepted
  • Get cash from in-network ATMs
  • Transfer funds to their personal bank account
  • Check their card balance online, by mobile app or by phone

This free, prepaid card also provides consumer protections available to traditional bank account owners, including protection against fraud, loss and other errors.

Frequently asked questions continually updated on IRS.gov

The IRS has two sets of frequently asked questions to help Americans get answers about their Economic Impact Payments, including those arriving on prepaid debit card. These FAQs include answers to eligibility and other many common questions, including help to use two Economic Impact Payment tools.

Get My Payment, an IRS online tool, shows the projected date when a direct deposit has been scheduled or date when the payment will be mailed by check or prepaid debit card. The Non-Filers Enter Payment Info Here tool helps taxpayers successfully submit basic information to receive Economic Impact Payments quickly.

The IRS regularly updates the Economic Impact Payment and the Get My Payment frequently asked questions pages on IRS.gov as more information becomes available. Taxpayers should check the FAQs often for the latest additions.

Watch out for scams related to Economic Impact Payments

The IRS urges taxpayers to be on the lookout for scams related to the Economic Impact Payments. To use the new app or get information, taxpayers should visit IRS.gov. People should watch out for scams using email, phone calls or texts related to the payments. Be careful and cautious: The IRS will not send unsolicited electronic communications asking people to open attachments, visit a website or share personal or financial information. Remember, go directly and solely to IRS.gov for official information.

Quick links to the Frequently Asked Questions on IRS.gov:

Thank you Go Global Business School

I’ve been working with the Go Global Business School to educate the participants on funding and other things. It’s been an amazing spring!. They have several businesses that are blooming in the midst of this global pandemic and they continue to reach out. If you are interested in growing your business in India and Asia, this is a great start.

Thank you Dr. Azzeza Julaludeen for your vision and Thank you Ayyappa Dass Kunnath for your leadership.

Now

November 29, 2019 by  
Filed under Featured Articles, Front Page, NOW

What I am doing right now…

This is an idea inspired by Inspired by Derek Sivers.

If you need a quick update on what I am doing now.

January 2020…
  • I run The Wright Place TV Show, The Get Crowdfunded Now Podcast, My Crowdfunding Company and Youth Entrepreneur Incubator with  Standup for Kids.Org
  • I am currently raising money for the Entrepreneur Incubator at www.crowdfundednow.com  $25!
  • I work with corporations on their crowdfunding projects  http://www.meetwithdrwright.com)
  •  I am booking paid speaking events for 2020
  • logging in some serious “in front of the fireplace” time, this has not changed since 2015!
  • Launching The Vault- a full day for Future Founders with a focus on Financing and Access to Capital, Alternative funding and meeting investors.
  •  My  health is still a priority, so if I turn you down for something, you know why.
  • Prepping the new season of Wright Place TV for Upliftv channel.

June 2020

Wow… so…much….has….happened, I usually remove what was before, but I feel like I need to keep it up so I can laugh about how things went LEFT in 2020.

  • I run The Wright Place TV Show, The Get Crowdfunded Now Podcast, My Crowdfunding Company and Youth Entrepreneur Incubator with  Standup for Kids.Org
  • Update- I am working to make the YEI for Stand up a virtual online class for nation wide use.
  • I am currently raising money for the Entrepreneur Incubator at www.crowdfundednow.com $25!  Update: I am still doing this, I am at $1,500 and you can still help!
  • I work with corporations raise money using crowdfunding  http://www.meetwithdrwright.com)
  • Prepping to launch Wright Place TV Channel- Diverse business television https://watch.wrightplacetv.com
  • My  health is still a priority, so if I turn you down for something, you know why

Feel free to comment on what you are doing too!

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