Economic Impact Payment (stimulus check) from the U.S. Treasury
As part of the third stimulus bill, many New Mexicans will soon receive an Economic Impact Payment check from the U.S. Treasury. For those who have bank account information tied to their 2019 or 2020 tax return, the payment will be electronically deposited into that account quickly and easily, beginning mid-March according to IRS.gov. Nusenda Credit Union will accept the U.S. Treasury stimulus checks regardless of check date.
To get an update on your Economic Impact Payment status, use the IRS's Get My Payment tool.
You can access your account information, review deposits, and make payments through Mobile and Internet Banking, a CU Anytime ATM, and through Nusenda's automated telephone and text banking. Call 505-888-8920 (800-356-3178 outside the Albuquerque area), select option 2.
If there's no bank account tied to a taxpayer, the U.S. Treasury will mail a paper check, which could take weeks to arrive. For information on how to deposit or cash your stimulus check, visit our Check Endorsement Information page.
Economic Impact Payment checks will be arriving in mailboxes for those who didn't file their taxes electronically. Checks will be sent to the address the IRS has on file, this is generally the address from your most recent tax return or as updated through the United States Postal Services (USPS). For security reasons, a letter about your payment will be mailed to each recipient's last known address within 15 days after the payment was sent. It will notify you of your stimulus check and the steps you need to take if you have not received your funds.
For more information in regards to the COVID-19 stimulus payments, visit the IRS's Economic Impact Payment Information Center.
Checks for Non-Filers
There are a lot of reasons why people may not have a bank account associated with their IRS returns — they don't make enough money to file a return, they receive some kind of veterans' disability, pension, or survivor benefits; or they are beneficiaries of Social Security, SSDI, or Railroad Retirement.
Taxpayers who are non-filers because of the reasons mentioned above now have a way to add bank account information to their IRS accounts. The online non-filer tool, developed in partnership between the IRS and the Free File Alliance, is available at IRS.gov. Once on the IRS's home page, users can click on the Non-Filers: Enter Payment Info Here button, then follow the instructions. The IRS has confirmed that using the tool to get the stimulus payment will not result in any taxes being owed. The payment is not taxable and will not affect 2021 refunds.
Remember: this option is only for non-filers.
Keep Yourself Safe from Coronavirus Scammers
Scammers are taking advantage of this stimulus payout to steal people’s information. To prevent fraud and to protect sensitive personal and account information, please do not click on a hyperlink from an email, news article, or browser to access these webpages.
Tax Filing Update
The tax filing deadline has been extended to May 17, 2021, for the 2020 tax year. The IRS urges taxpayers who are due a refund to file as soon as possible and to opt-in to direct deposit for your return. Nusenda’s routing number is 307083665. Your account number is on your wallet card or the bottom of your checks. For ways to access your account or to cash or deposit a check, view Other Ways to Access Your Credit Union.
For more information about taxes and filing visit IRS.gov.