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IRS Sends 8 Million Stimulus Payments by Prepaid Debit Card

Jan. 7, 2021, 9:23 PM

The Internal Revenue Service is sending about 8 million of the $600 payments approved in recent stimulus legislation as prepaid debt cards.

The cards will go to some of the individuals who didn’t receive their stimulus payment by direct deposit in the past week. The IRS has already sent more than $100 billion of the roughly $164 billion of the second round of stimulus payments approved by Congress in late December.

“IRS and Treasury urge eligible people who don’t receive a direct deposit to watch their mail carefully during this period,” the agency said in a statement on Thursday.

“The...

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