Protect your stimulus money from scammers

Published: Updated:
United States Treasury. Photo via CBS News

You could see money in your bank account as soon as Friday, but scammers are also on the lookout to get their hands on your stimulus check.

Here’s what you need to know to protect your money:

First, you do not have to do anything to get it.

If you filed your taxes in 2018 or 2019, the IRS likely already has the information it needs to send it to you.

The same goes for those of you who get social security.

Second, if you need to set up a direct deposit, only do it through the IRS.

In the coming weeks, the IRS will be setting up an online form for you to do that.

Never respond to any calls, texts or emails claiming you need to sign up.

And finally, no one has early access to this money. Anyone who claims they do is a scammer.

For official updates you can trust, the IRS has set up a special information page.

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