Stimulus check timeline under threat? Here’s what could delay your third paymentFebruary 28, 2021
Thelate Friday night, after hours of debate. But the early victory doesn’t mean a is days away. In fact, this could be the first of up to three votes before the final bill is signed into law. The stimulus bill is projected to pass along party lines, . But a thorny debate over the contained in the House bill could prolong the Senate vote, and also delay the by days or weeks.
In addition to that, thecould make things messy, and it doesn’t help that the IRS already faces a complex and it has to follow. Plus, the issue of priority payment groups means some may check their checks weeks before others, especially if there’s a (for example, .)
We mapped out possible dates you could expect the IRS to deliver the first wave of checks, the IRS deadline to send the last payment this time and more. Here are additional details on aand , or . By the way, here’s and all the . This story was updated with new information.
Stimulus check: Projected timeline, why it could go out in waves
Democrats, who hold the majority in Congress (by virtue of a Vice President Kamala Harris’s tie-breaking vote in the Senate), have a goalpost of March 14 to pass the final version of the— this is the date . If the Senate makes substantial changes on the COVID-19 bill and , it would go back to the House for another vote. What happens if the timeline slips a week as a result? We factor that in below.
Here’s what also affects stimulus delivery dates. The IRS organized the first two payment rounds according to payment groups, withrecipients the first in line, followed by people receiving and then . Using the timeline from the second payment, we can take an educated guess as to when the IRS could start sending the first checks for each group.
Complicating matters, theat the same — more on that below. Keep in mind, it could take weeks for the IRS to process every group’s funds, so consider the possible dates below as just a starting point. We refresh this timeline as the situation evolves.
When could the next stimulus check possibly arrive?
|Stimulus check passes Congress||Friday, March 12||Monday, March 22|
|Stimulus bill signed into law||Sunday, March 14||Tuesday, March 23|
|First direct deposit check sent||Week of March 22||Week of March 29|
|First paper checks sent||Week of March 29||Week of April 5|
|First EIP cards sent||Week of April 5||Week of April 12|
|IRS deadline to finish sending checks||Dec. 31, 2021||Dec. 31, 2021|
|Claims for missing stimulus money open||May 3||May 3|
Could your stimulus payment group change? Sure can
When you get your stimulus money would likely depend on how you get it. That was largely true with the first two checks (there are always some exceptions) and is expected to play out similarly the third time around. deposits going to temporary accounts that were rejected by banks.typically get their stimulus money faster, as evidenced by how the government handled the first two rounds of payments in March and December. But both times there were issues involving
The IRS told CNET in January that some people who received a physical check orthe first time may get paid by the other method the second time around. And, anecdotally, we’ve heard of people who received direct deposit payments the first time finally getting an EIP card in the mail — and not an electronic bank transfer — weeks after the IRS tool said the payment was issued.
While you won’t have the final say in how you get your payment, we recommend signing up forwhen you submit your , if you . If you already have an account, make sure your details are correct. We also suggest you try to . While you can (you’d still have to pay taxes owed now) whether that will help or hurt you may get a little complicated.
The other payment groups loosely defined (by us) include Social Security beneficiaries who received payments a different way the first time if they’re part of the, and people with more complex scenarios that could lead to potential . People in different are one example we’ve seen, as are and people with .
Is this the IRS deadline to finish sending new stimulus checks?
The Jan. 15 deadline for the second stimulus check approved in December was written into the text of the bill without explanation. Anyone who didn’t receive all or part of their second payment must claim it as part of the IRS’to get the funds owed — even if they have .
The latest proposal (PDF) would give the IRS a Dec. 31, 2021 cutoff to complete sending out the third stimulus checks.
Tax season could confuse stimulus checks even more
Since ais likely to drop in the (taxes are ), the IRS may have to based on the most recent tax filing it has. That would be your , or 2019 taxes if the check is ready before your tax return is. This could also . (Learn more about some of the .)
If you’re owed money, you latest proposal (PDF) under consideration. Filing for a in a way that could be different if the itself (we haven’t heard anything more about this)., until you file your 2021 taxes in 2022, according to the
By mid-March, tens of millions of Americans may have already received their tax refunds, which could make it tricky for the IRS to straighten out problems or redact refunds after issuing.
What can you do to get your stimulus check sooner?
There may be, assuming the stimulus bill is approved. For example, signing up for with your 2020 tax return would put you in the priority category for a third stimulus payment.
If you’ve. Here are our other suggestions for how people can make it more likely they’ll . Note that there could be some that may not apply to a possible third stimulus check.
Here’s who should know extra stimulus check details
Stimulus checks aren’t necessarily a one-size-fits-all situation. Here are our guides for:
Here’s, including what to do if you ran into problems with .