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Update on Federal Stimulus Payments Economic Impact Payments (EIP) FAQs Union Bank April 15, 2020 How will the Federal Government determine where to send the EIP payments? Determination of where the payments are sent is dictated by these two factors: a. For those who filed a tax return for 2019 or 2018, no additional action needs to be taken. b. People who aren't typically required to file a tax return Social Security and Railroad Retirement recipients who are not typically required to file a tax return do not need to act. The IRS will use the information on the Form SSA-1099 and Form RRB-1099 to generate Economic Impact Payments to these individuals even if they did not file tax returns in 2018 or 2019. Recipients will receive these payments as a direct deposit or by paper check, just as they would normally receive their benefits. Social Security Disability Insurance (SSDI) recipients are also part of this group and won’t need to act. When will we see the first payment post to Recipie...