Congress approved theover seven months ago, yet it’s still undetermined when may receive a . (By the way, here’s .) Democratic and Republican lawmakers are expected to on a as soon as this week, with the Senate gaveling in today and the House of Representatives following on Nov. 16.
On Jan. 20, President-elect Joe Biden will be inaugurated as the, but we still don’t know what that could mean for Congress’ timeline to . that includes direct payments as well, but at this point, it doesn’t specify if . Indeed, the president can only exert so much influence over stimulus checks — it’s up to Congress to pass them.
Once a final bill is approved, the way that yourcomes to you — through , paper check or via an — is expected to play a role in how long you have to wait for it. Some people may not get theirs for after the first batch of payments, and .
Below, we map out different payment timelines for how soon you could see a stimulus check after it’s approved, depending on which group you fall into. You can also use ourto estimate your possible future payment, and . We update this story frequently.
When you could get a new stimulus check: Our current guesses
These dates, which are speculative, show you when you might see a check — if a bill becomes law after the Nov. 3 election and before or after Inauguration Day on Jan. 20, including Dec. 11, the deadline for Congress to pass the next federal budget.
One important note is 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 will arrive a week after a bill goes 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|
Why can’t the IRS just send all stimulus checks at once?
The IRS has so far 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 are or 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 with Government Accountability Office.(Adjusted Gross Income) is less than $20,000, and then moving to people whose AGIs are progressively larger, according to the
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 checks weeks after the first direct deposit transfers go out.
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 and to report a missing, lost or stolen check.
Millions of people are still waiting on their first check
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 non-filers who may be owed a stimulus check (including or 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 a people who are incarcerated and didn’t receive the first stimulus check — or who received it and were compelled to return the money.and didn’t receive a check as expected, you may also need to investigate. And a new ruling in California may bring hope for
If you’re still waiting on the first round of payments, you can according to the GAO., learn and find possible . The IRS has said it will continue to send payments through Dec. 10, 2020,