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Home News Your second stimulus check might arrive before or after others'. We worked...

Your second stimulus check might arrive before or after others’. We worked out the possible dates

Document Analysis NLP IA

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probably it's an affirmation
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Summary (IA Generated)

Sarah Tew/CNET More than 150 million Americans are still waiting to find out when they’ll receive a second stimulus check that could come as part of a broader economic stimulus package.

A new payment is expected to include up to ,200 per individual for eligible Americans and even more money for some families.

While keeping a close eye on the state of negotiations, we’ve sketched out four possible timelines for when you could get a check, from the earliest realistic date to a speculative date after the inauguration of the next president, on Jan.

The timeline could change — in fact, we expect it to — but the overall schedule for when payments are sent should remain roughly the same, which is important for understanding if your stimulus check could come in the first wave, or one of the last.

Which date could the IRS send my payment?.

Treasury Secretary Steven Mnuchin has said it would take about a week to process the first payments, when and if another stimulus check is signed into law.

Possible dates a second stimulus check could go out Scenario 1 Scenario 2 Scenario 3 Scenario 4 House passes final bill Oct.

3 First direct deposits sent Week of Nov.

8 First paper checks sent Week of Nov.

30 Week of Dec.

15 First EIP cards sent Week of Dec.

21 Week of Jan.

The IRS has so far sent money to at least 160 million people three different ways, starting with people who filed for direct deposit.

Some people with more complicated scenarios are still waiting for their checks or even for catch-up payments.

This creates a de facto priority order that could lead some Americans to receive their checks days or even weeks before others.

We expect the IRS will adopt roughly the same system for sending out a second stimulus check in 2020 as it did with the first stimulus check, which was approved in March.

Direct deposit is fastest: People who already have their direct deposit information on 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.


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