Economic Impact Payments

At Happy State Bank, we want to make sure you receive your full Economic Impact Payment. If you have any questions about receiving the full amount in your account, please talk to a Happy drive-thru teller or contact us at 800-447-2265.

PLEASE BE AWARE: With every program like this, the scammers and bad guys come up with schemes to cheat honest people. Over 90% of all scams come from email. Do not click links or open attachments from unknown senders asking for personal information. Happy State Bank employees and government officials will NEVER ask for your financial information or access codes through email, text, or unsolicited phone calls. If you receive calls, emails or texts that seem suspicious, call your local law enforcement office. If you think you may have given information to someone suspicious, immediately call our Customer Service Desk at 800-447-2265.

From the IRS:

The IRS is committed to helping you get your Economic Impact Payment as soon as possible. The payments, also referred to by some as stimulus payments, are automatic for most taxpayers. No further action is needed by taxpayers who filed tax returns in 2018 and 2019 and most seniors and retirees.
U.S. residents will receive the Economic Impact Payment of $1,200 for individual or head of household filers, and $2,400 for married filing jointly if they are not a dependent of another taxpayer and have a work eligible Social Security number with adjusted gross income up to:

  • $75,000 for individuals

  • $112,500 for head of household filers and

  • $150,000 for married couples filing joint returns

Taxpayers will receive a reduced payment if their AGI is between:

  • $75,000 and $99,000 if their filing status was single or married filing separately

  • $112,500 and $136,500 for head of household

  • $150,000 and $198,000 if their filing status was married filing jointly

The amount of the reduced payment will be based upon the taxpayers specific adjusted gross income.

Eligible retirees and recipients of Social Security, Railroad Retirement, disability or veterans' benefits as well as taxpayers who do not make enough money to normally have to file a tax return will receive a payment. This also includes those who have no income, as well as those whose income comes entirely from certain benefit programs, such as Supplemental Security Income benefits.

Retirees who receive either Social Security retirement or Railroad Retirement benefits will also receive payments automatically.

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