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Individuals and couples who choose not to receive their stimulus checks via direct deposit will likely have to wait longer due to President Trump's decision to add his name to all paper checks. The decision will delay the mailing of paper checks by a minimum of two weeks and perhaps longer.
Trump's name won't be in the signature box, but President Donald J. Trump will instead be printed below a line that reads “Economic Impact Payment.”
While I can't say I'm surprised by President Trump's desire to have his name on the paper checks, I am saddened that he chose to delay the release of money to Americans who desperately need it. Many people don't have direct deposit set up with the IRS because they simply don't have a bank account. They can be the most vulnerable citizens in our country and a delay of even two weeks can be catastrophic for them.
However, if you do have a bank account and wish receive your stimulus check via direct deposit then you can head to the IRS stimulus portal and update your information. However, you will need to file your 2019 taxes before being able to proceed.
*Update/Correction* This thread says the decision will delay the mailing of checks by a minimum of two weeks. That is incorrect. The first round of paper checks were always supposed to be sent out weeks after the stimulus law was signed. The decision to add President Trump's signature to the checks added a minimum of three days on top of the original two weeks.