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Home / Tips and Tricks / Second Stimulus Check: IRS has 12 days to send payments. When will yours arrive?

Second Stimulus Check: IRS has 12 days to send payments. When will yours arrive?



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For some, receiving a second stimulus check before January 15th will be a race against time.

Sarah Tew / CNET

Here’s the good news. The IRS and the Treasury have already started sending your second stimulus control, which go much faster than with the first round of stimulus controls. That means millions payments up to $ 600 per person maybe already gone outside direct deposit, physical checks in the mail and EIP cards. (Here’s how calculate how much incentive money you could receive.)

Here’s the bad news. The reason for the rush is a self-imposed one January 15th closing to send the second stimulus check, remaining just 12 days from today, and just 17 days from the December 29 date, the first payment went out to process potentially more than 100 million payments. So when will you second stimulus check arrives, and what happens if the deadline is not met? That has a lot to do with where you fall in line in your pay group. If it misses the cutoff, you could wait a while.

We’ll explain more about the IRS deadline, what you need to know about direct deposit, and how follow a paper stimulus check or EIP card to your mailbox and what happens if you change your second stimulus control before January 15. While you’re here, here’s what we know about a possible one third stimulus check. This story has been updated with additional details.

Why do second stimulus payments stop after January 15th?

The language of the $ 900 billion incentive bill has set January 15 as the cut-off date for sending incentive payments. If you don’t have your full second stimulus check money by then you must claim all or part of the missing amount when you file your federal tax return in 2021 through the IRS ‘ Refund Discount. You can also claim any money the IRS still owes you from the first round of checks.

People who receive their incentive payment by direct deposit are less likely to be affected. But if there’s an issue or delay with any of the three payment methods, it means you have to wait to make a claim – and take the extra step of doing it.

Tying of the delivery of a second stimulus check Tax returns for 2020 will almost certainly delay payment for many people, as a big difference in circumstances will result in some filing taxes as early as January and others not filing taxes until April 15, or even later if they have to file for deferment. Nor is it clear how quickly the IRS would process payments made through the Recovery Rebate Credit.


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Second stimulus checks: everything you need to know


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Direct deposits continue throughout the week

The IRS has released the very first direct deposits on Dec. 29 and said payments will continue this week. Direct deposits into your bank account can be marked as “pending” or “tentative,” according to the IRS until January 4.

While Eligible Persons you don’t have to do anything to receive the second payment – provided the IRS has already registered your information – there’s also not much you can do to influence getting a direct deposit via a check mailed. For example, you cannot register a new direct deposit account with the IRS or correct any bank details you have on file, such as if you have closed an account. That could potentially change in the next week, but we’re not sure.

Paper incentive checks and EIP cards are sent. Some could miss the deadline

If the IRS doesn’t have your current direct deposit information on file, the payment will be sent as a check or EIP debit card in the post – they started on December 30. It’s not clear whether the IRS has time to process all tens of millions of payments by Jan. 15. The IRS was able to process between 5 and 7 million a week with the first incentive test, according to a June government report.

Some payments may not meet the January 15 deadline. Here’s how you can follow your second stimulus check to your mailbox, free of charge, to set your expectations and avoid accidentally throwing it away.

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How you get your second stimulus check can also affect how quickly your payment comes in.

Sarah Tew / CNET

What’s the story with EIP cards?

The IRS said to speed up payment delivery, it will send some payments using one Economic impact Payment prepaid debit card and notes that some people who last received a paper check may receive a debit card this time, and some people who last received a debit card may receive a paper check.

The IRS warns that those who qualify but do not receive a direct deposit should do so Check out their post for a check or EIP debit card. The debit cards arrive in a white envelope with the seal of the United States Treasury Department on it, according to the IRS.

Can I take my second stimulus check?

The IRS said it would be online Get My Payment tracking tool for the second round of payment and anticipates those who qualify for a check will be able to see the status of both the first and second payment in a few days after the portal is updated. The portal is available in English and Spanish.

How long can I wait before receiving my new payment? It depends

People who use their second stimulus check in the mail – either as a paper check or a prepaid debit card – must look for a payment anytime from now until January 15th. According to the Treasury, 22% of payments as of last summer were made by paper checks and another 3% by prepaid debit cards.

You will have to after January 15th claim all the money the IRS owes you with your 2021 tax return. This can further delay your stimulus control, as the timing depends on:

  • When filing your taxes for 2020, the deadline can be April 15, unless you are applying for an extension.
  • How long it takes for the IRS to process your tax return, which may include your second incentive check.
  • If there are any complications in your particular scenario that could further delay your check.

We keep an eye on the situation, which is constantly evolving. Here’s how now calculate your estimated total for up to $ 600 per person.


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