New round of stimulus payments. The majority are distributed via ACH with a post date of January 4, 2021, in the amounts of $600 per person, adjusted if the individual made over $75,000 in 2019. Payments will be sent to the account listed on the direct deposit information from the individual’s tax return. If that account has since been closed, we are required to return it and a paper check will be mailed, expected within 14 days.
The first round of checks were also mailed today, and checks will be mailed daily over the next 4 weeks. This is anticipated to be complete by January 24, 2021. The checks will have a date of January 6, 2021.