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ACU of Texas Blog

Coronavirus Relief Checks Explained

Posted on April 10, 2020

Coronavirus relief checks were approved by Congress in March to provide short-term financial assistance during the COVID-19 pandemic. The payments will help millions of Americans affected by the sudden disruption in jobs and the economy.

The IRS plans to begin issuing coronavirus relief checks as early as April 15. The checks will arrive in waves, with funds deposited directly into individual bank accounts. Others may not see a check for several weeks or months, depending on the IRS schedule and whether it has accurate bank account information for you.

Relief checks will be deposited electronically into the same ACU of Texas or other bank account you provided for your 2018 or 2019 tax return, or your Social Security benefits check. If the agency has no bank information for you, it will attempt to mail you a check, according to media reports. 

  • What if I didn't file a tax return? If you have not filed taxes in the past two years, your relief check could be delayed. Click here to update your address with the IRS, in the event that it has changed since the last time you filed. Additionally, the IRS has launched a new tool to help non-filers register for economic impact payments.
  • How much will I receive? The amount of your check depends on how much money you earn and whether you have eligible children under 17. Here's the announced payout:
    • $1,200 — to individuals with adjusted annual gross income up to $75,000.
    • $2,400 — to married couples with combined adjusted gross income up to $150,000.
    • $500 — to the parent for each eligible child under 17. This is in addition to the parent's own coronavirus check.
  • Is my check on the way? How can I check? Distribution of coronavirus relief checks may take weeks or months. Log in to ACU of Texas Online Banking to see whether your check has been direct deposited. The IRS will launch the Get My Payment portal on April 17, allowing you to check the status of your payment and update direct deposit information, if necessary. 
  • I've received my check in the mail. Why is Remote Deposit not working? Members cannot deposit U.S. Treasury checks via Remote Deposit. If you receive your check in the mail, you will need to visit a branch or mail it in to deposit to your account.


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