LenaH
Employee Tax Expert

Get your taxes done using TurboTax

The third round of Economic Impact Payments (EIP3) will be based on the taxpayer's latest processed tax return from either 2020 or 2019. If the IRS has received and processed a taxpayer's 2020 return, the agency will instead make the calculation based on that return and use the bank information on your latest return. Since your return is still being processed, then the IRS will use the last return filed (2019). 

 

Please check the Get My Payment  tool for updates on your payment status, which is now live and reflective of information for EIP3. 

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