These things determine how quickly you’ll get your stimulus check. What to know, including key datesFebruary 20, 2021
Congress is moving rapidly to approve thethat includes a for up to — especially compared with the amount of time it took to approve a . But although you could see in a new stimulus payment, even one that to (here’s ) the date that you could personally expect a is still a little squishy.
We know that on Monday the House of Representatives plans to mark up the proposal it has so far, and intends to bring the bill to a vote by the end of next week. The complicated plan in place requires a little ping-pong between the House and Senate, but would for faster approval.
March 14 is the goal date when they’re hoping to pass the overarching bill, but that’s only one part of the timeline that decides when you’d see your check. Another factor is how long it could take theand a third is which payment group you’d be in to receive it — that’s changed before and could change again. Below, we map out possible dates and explore questions about the , so read on for more details. This story was recently updated.
Stimulus check timeline: Dates when your check could arrive
If a stimulus bill passes by March 14, we can take an educated guess as to when the IRS could start sending the first payments, based on how quickly the IRS turned around the previous check. However, many uncertainties remain.
For example, it’s possible negotiations could slip a week while finalizing the bill. If the Senate makes changes, it would have to go back to the House for a vote, and the timeline to hit March 14 is already tight for the pace of legislation. In addition, the, and it isn’t clear how the agency and new Treasury Secretary Janet Yellen would prioritize delivering the third check and tax returns.
We also expect that the IRS would prioritize payment groups the same way it did with the first two checks: By groups we mean people who receive stimulus payments via, as or on . Keep reading below to see why your group could change and what, if anything, you could do about it. It could take weeks for the IRS to process every group’s funds, so consider these possible dates below a starting point. We’ll refresh these dates 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|
|Claims for missing stimulus money open||May 3||May 3|
Which stimulus payment group you could be in, and why it could still change
When you get your stimulus money could depend on how you get it. That was largely true with the first two checks (there are always some exceptions) and would likely play out similarly this third time around. deposits going to temporary accounts that were rejected by banks.typically get their stimulus checks faster, as evidenced by the first two rounds of payments. But both times there have been 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 foras part of your , if you . If you already have an account, make sure your details are correct. We also suggest you attempt to . While you can (you’d still have to pay them 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, and as are and people with .
How tax season might complicate your third stimulus payment
Since theis 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, until you file your 2021 taxes in 2022, according to the latest proposal.
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.
Is there a way to make your own $1,400 arrive faster?
There may be, assuming it happens. For example, signing up for with your 2020 tax return would put you in the priority category for a third stimulus payment.
And 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.
Will the IRS have another deadline for sending out payments?
The Jan. 15 deadline for the second stimulus check was written into the text of the bill without explanation. It isn’t immediately clear if the bill text would adopt another cutoff in the future, or if that was a one-time consideration that took into account the IRS’s overlapping needs to process stimulus checks and prepare for the. Last year, the .
Anyone who didn’t receive all or part of their second payment must claim it as part of the IRS’in order to get it — even if they have .
What some groups of people need to know about stimulus checks
Stimulus checks aren’t necessarily a one-size-fits-all situation. Here are our guides for:
Here’s, including what to do if you run into problems with .