Withto pass another making little progress in Washington, it’s unclear if Americans could see a before the new year, or whether ‘s could enter the picture. House Speaker Nancy Pelosi called for a return to the talks on Friday.
Once authorized, we expect the IRS to begin sending out stimulus payments of as much as $1,200 in mostindividual over the course of — first to those with , then to recipients of paper checks and . (Some people .)
We created aso you can get an estimate of if a second stimulus check is approved, and have laid out some potential timelines below for how soon you could expect to receive your check, based on which priority group you fall into.
We can also help if youor if — there’s a deadline of for the latter. We recently updated this story.
When will I receive a new stimulus check?
These speculative dates show you when you might see a check — if a bill becomes law before or after Inauguration Day on Jan. 20, and bearing in mind Dec. 11, the deadline for Congress to pass the next federal budget.
One important note about the speed at which the first checks might arrive. In August, Treasury Secretary Steven Mnuchin said it would take about a week to process the first payments. “I can get out 50 million payments really quickly. A lot of it into people’s direct accounts,” he said.
But that doesn’t necessarily mean your stimulus money would arrive a week after a bill went live.
Possible dates a second stimulus check could go out
|Scenario 1||Scenario 2||Scenario 3||Scenario 4|
|House passes final bill||Dec 11||Feb 1||Mar 1||Apr 5|
|Senate passes final bill||Dec 12||Feb 2||Mar 2||Apr 6|
|President signs||Dec 13||Feb 3||Mar 3||Apr 7|
|First direct deposits issued||Week of Dec 28||Week of Feb 8||Week of Mar 8||Week of Apr 12|
|First paper checks sent||Week of Jan 11||Week of Feb 16 (Feb 15 is President’s Day)||Week of Mar 15||Week of Apr 19|
|First EIP cards sent||Week of Feb 8||Week of Mar 15||Week of Apr 12||Week of May 10|
Can’t the IRS just send out all the stimulus payments at once?
No. To date, the IRS has sent money to at least 160 million people three ways, starting with people the federal government has direct deposit information for. Some people with more complicated personal situations areor even for . This creates a de facto priority order that could result in some Americans receiving their checks days or even weeks before others.
The IRS has said it can deliver 5 million to 7 million paper stimulus checks a week, starting withis less than $20,000, and then moving to people whose AGIs are progressively larger, according to the Government Accountability Office.
We expect the IRS will adopt roughly the same system for sending out a second stimulus check in 2020 or 2021 as it did with the first stimulus check, which was approved in March as part of the CARES Act.
Direct deposit recipients: People who already have theiron file with the IRS or who provide that info when and if registration opens again should be first in line to receive a stimulus check. An electronic transfer of funds is faster and more efficient, which is why this group largely got their first payment faster.
Social Security beneficiaries: With the first stimulus payment, many Social Security beneficiaries who had direct deposit information on file with the federal government received checks in the first week, though not always the first day.
People who get paper checks: The IRS began to mail checks about a week later to those without direct deposit data on file.
EIP card recipients:are prepaid Visa cards the IRS sent to about 4 million people starting in mid-May. If the IRS follows the same payment priority order, this group could begin to see their payment weeks after the first direct deposit transfers take place.
People with more complex situations: This category includes people who received a check after June, are still waiting to receive their stimulus payment or who. Direct payments will continue through the end of 2020 for some individuals who weren’t part of the previous groups. Here’s what could be for some people and to report a missing, lost or stolen check.
Why millions of Americans are still waiting for their first stimulus payment
While over 160 million Americans have received their stimulus checks, the IRS is still trying towho may be owed money, including for .
If you think this situation applies to you, you may be able to claim your missing check by Nov. 21. This includes, some people who and (including and people who ). Otherwise, you may need to claim a catch-up payment or error adjustment as part of your 2020 federal tax return.
If you’re aand didn’t receive a check as expected, you may also need to investigate. And a new ruling in California may bring hope for people who are incarcerated and didn’t receive the first stimulus check — or who received it and were compelled to return the money.
If you’re still waiting on the first round of payments, you can, learn and find possible . The IRS has said it will continue to send payments through Dec. 10, according to the GAO.