What is the government stimulus payment?

This is an economic impact payment being made by the U.S. government to qualified taxpayers, as a result of the country’s economic downturn during the coronavirus outbreak. Officially called Economic Impact Payments, they were signed into law by President Trump as one of the provisions of the Coronavirus Aid, Relief, and Economic Security Act (better known as the CARES Act) on March 27, 2020.

The payment by the government will be made either by direct deposit, or a physical check, depending on the information you provided to the Internal Revenue Service (IRS).

More information about the government stimulus payment can be found here:

• Who qualifies for the government stimulus payment?
• How much will I get from the government stimulus payment?
• How do I get the government stimulus payment?
• How do I give my direct deposit information to get my government stimulus check?
• When will I get the government stimulus payment?
• Will I have to pay back the government stimulus payment that I get?