Veterans with income below the taxable threshold will now automatically have their $1,200 stimulus payments deposited into the same bank account as their VA benefits. Those veterans affected by the low-income threshold who have dependents must use the IRS website to provide their personal information and payment instructions before any payments will be made for those dependents.
The IRS originally set 12:00 EDT April 22, 2020, as the deadline to provide the necessary information for stimulus funds. That deadline has been removed but, given the rapidly changing situation, it's best to fill out the form as quickly as possible, even if you're unsure as to your eligibility for funds.
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