The House Speaker Nancy Pelosi said Monday. The package is expected to pass and move on to President Joe Biden to be signed into law any time before March 14. So what does that timeline mean for when your could arrive? (Estimate .)are in the home stretch, with the House of Representatives poised to pass the in “the next 24 to 48 hours,”
The good news is that Biden has said the checks will start to arrive in March. “The Treasury Department is working on what this looks like and what the processing looks like,” White House Press Secretary Jen Psaki said Monday. “We expect a large number of Americans to receive relief by the end of the month, but in terms of the mechanics of it, the Treasury just has to work through that. An update will likely come from them.”
The IRS and Treasury could take time to work through, the and a to follow, since the new check would impose a firm . There’s also the question of your stimulus payment priority group. , you may not get a choice if arrives in the first wave or one of the last. Some people may also find they have to wait months to receive all their , if any problems arise, including from the 2019/2020 tax confusion. We’ll walk you through what we know. This story was recently updated with new information.
When could your stimulus check arrive? It may not be March for everyone
First things first. The date the IRS begins to send stimulus payments may not square up with the date you actually receive your money in your bank account or in the mail. Remember, it takes time for the IRS to process the well over 100 million payments expected in this third round of checks. Even tiny errors could cause a delay in you receiving your full or partial payment. (Here’s more information for, and .)
The bill is on track to become law by March 14, which means that the first batch of payments will begin to go out before April 1. Tens of millions ofrecipients could receive a check before April 1, followed by staggered start dates for and .
But that’s only for the dates the IRS will begin to send checks. It could take weeks for the IRS to process every group’s funds and more time for the transactions to go through, especially if you’re issued a paper check or EIP card. Any additional complication could delay your payment. The schedule below reflects our best guesses, based on the IRS’ timeline for the $600 stimulus check.
Stimulus check: Potential delivery dates (these could change)
|Stimulus check passes Congress||Tuesday, March 9||Wednesday, March 10|
|Stimulus bill signed into law||Wednesday, March 10||Saturday, March 13|
|First direct deposit check sent||Week of March 17||Week of March 22|
|First paper checks sent||Week of March 24||Week of March 29|
|First EIP cards sent||Week of March 31||Week of April 5|
|IRS deadline to finish sending checks||Dec. 31, 2021||Dec. 31, 2021|
|Claims for missing stimulus money open||Likely 2022||Likely 2022|
There are 3 main payment priority groups. Which one’s yours?
What we learned from the first two checks is that how you get your stimulus money often dictates when you get it.
- deposits going to temporary accounts that were rejected by banks. In some cases, these people got paper checks or EIP cards instead, or had to wait for the issue to resolve. : Typically got their stimulus money in the first wave. But both times there were issues involving
- Paper checks: This is the payment type the IRS sent out second. This method can take weeks to arrive by mail, but the check can be deposited or cashed right away.
- : This payment type arrives as a prepaid debit card you must activate online to use. The IRS issued EIP cards last, delaying receipt for this recipient group by weeks.
Could your payment group change? That’s possible
Yes. With the second stimulus checks, the IRS told CNET in January that some people who received a physical check or EIP card the first time may have been paid by the other method the second time around. And, anecdotally, we learned 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 .
What will the IRS deadline be for sending the third 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 Senate form of the bill (PDF) would give the IRS a Dec. 31, 2021, cutoff to complete sending out the third stimulus checks.
How could tax season slow down stimulus check delivery?
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.
Quick tips that could help you get a stimulus check faster
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.
More stimulus check details these 6 groups should know
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 .
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