IRS Announces Third Stimulus Payment Distribution Begins: Update for H&R Block Clients

KANSAS CITY, Mo., March 13, 2021 // GLOBE NEWSWIRE // - H&R Block (NYSE: HRB) understands how important coronavirus relief benefits, including third stimulus payments, are to millions of American households and small business owners. The IRS announced many people will receive third stimulus payments via direct deposit by March 17

The IRS expects all payments will be sent out over the coming weeks in batches whether by direct deposit, check, or U.S. Treasury debit card. They have shared most people will receive their third stimulus payment as a direct deposit.

All stimulus payments to the H&R Block Emerald Prepaid Mastercard® will be processed as they are received. This first batch will be deposited on clients’ Emerald Cards by March 17. When a client logs into their myBlock account, they will see a notification about their stimulus payment status, if H&R Block has received their payment.

For other H&R Block customers, such as those who did not receive a previous stimulus payment or tax refund on an Emerald Card, the IRS Get My Payment tool is the best source for information about their third stimulus. The IRS has shared the tool will be available starting Monday, March 15.

More information about COVID-19 relief benefits and impacts to taxes in the short and longer term is also available on H&R Block’s website:

• Block Advisors’ guide to 2020 small business taxes and stimulus relief

• Coronavirus Resource Hub for individuals and families

• Stimulus payment calculator

SOURCE HRB Tax Group, Inc.