قالب وردپرس درنا توس
Home / Tips and Tricks / When does the next stimulus check go out? These are currently two possible timelines

When does the next stimulus check go out? These are currently two possible timelines


How a third-party payment can be proposed can also affect when it occurs.

Sarah Tew / CNET

With the country’s economy still battered by the ongoing pandemic, President Joe Biden is urging Congress to pass his $ 1.9 trillion aid proposal. But Biden knows that what he’s proposing and what Congress approves could be two different things. “I don’t expect we’ll know whether we have an agreement and how much the whole package can or can’t pass through until we get to the very end of this process, which will probably be in a few days’ time,” Biden said Monday. in the White House.

At the moment, there are two possible ways to get one third stimulus check in front of up to $ 1,400 could arrive. The first is as part of this sweeping package, or something. The second is like a smaller, “meager” account that only holds the third stimulus check and money for it Covid-19 vaccine distribution. Lawmakers will reportedly turn these options this week as the Senate prepares for next week’s confirmation hearings for Biden cabinet members, followed by the impeachment trial of former President Donald Trump, scheduled for February 9.

We’ll also look at how the IRS does it third paymentdepending on when a bill is accepted. Could it be for example a discount that is folded in tax season, or would it be a standalone payment? And what could you do about it now next stimulus check faster? (PS Here’s how to contact the IRS if you think you are missing some or all of your first two payments.) This story was recently updated.

What happens to a ‘meager’ bill for incentive checks and vaccines?

House Speaker Nancy Pelosi said last week that the House would be ready by next week to comply with Biden’s proposal, but did not confirm whether it would be large or small. There are suggestions that House Democrats could first put a targeted, ‘lean’ law on the table for stimulus checks and corona vaccine distribution, followed by a broader stimulus package with other measures. Senate leader Chuck Schumer said Monday he is aiming to get a COVID-19 bill in mid-March.

A smaller account may face less opposition in a evenly divided Senate and let the IRS start sending the next checks faster. However, pressure to enact those measures can make it easier for opponents to swallow a much larger package.

While Democrats rejected the idea of ​​a stand-alone bill during the negotiations on the December package, there is certainly a precedent for a stand-alone bill in Parliament. The chamber passed the CASH law on December 28, 2020, a bill that enacts the Incentive package December 2020 signed by Trump bumps the upper limit of $ 600 of the second stimulus control instead, $ 2,000 – replacing “$ 600” with “$ 2,000” on each listing and “$ 1,200” (the amount allotted to married couples) with “$ 4,000). It was not included in the Senate before the new term started in January 3.

Why would it take so long for Congress to approve a new stimulus check?

If a third stimulus check remains part of it Biden’s $ 1.9 trillion package offer instead of branching off, mid-March seems to be the prevailing timeline. That’s because it should go through the typical negotiation process, a period of extraordinarily scrutiny and debate over specific legal language.

Now playing:
Look at this:

Second stimulus checks: everything you need to know


There is already some indication that stimulus control could be less than $ 1,400 or otherwise more targeted. On Jan. 25, a group of bipartisan lawmakers asked the Biden administration to make a proposal to restrict eligibility, the New York Times reported.

With the slim of the Democrats margin of control over both chambers in CongressBiden may have an advantage if his goals are approved, although opposition has already been pronounced from members of his own party on the Maximum of $ 1,400 per person, with some pushing for $ 2,000 per person and at least one other wondering why Americans need a third check.

How soon could the IRS send the next stimulus check?

In less than three weeks, the IRS and the Treasury sent over $ 100 million second stimulus controls. There was a huge one fast turnaround time with the second check. For example, it took the IRS 19 days from the date the March 2019 stimulus bill was passed to the day the first check was issued. Conversely, the Dec. 27 stimulus package gave the IRS only 17 days in total, including weekends. (If you didn’t get yours, you should claim it as part of 2020 tax season.)

There was one notable direct deposit error due to the IRS ‘rush to deliver payments, and people who haven’t received their payment may need to now wait weeks or months for their second checkups. But the scenario suggests that if the protocols are in place, the IRS could theoretically send third stimulus controls within days and weeks, rather than weeks and months.

As an interesting data point, the IRS was able to process between 5 million and 7 million per week with the first stimulus check, according to a June government report.


How you receive your second stimulus check can also affect how quickly your payment arrives.

Sarah Tew / CNET

What if a third payment comes in during tax season?

Questions already revolve around how the IRS and the Treasury one third stimulus check, and some of that may well depend on timing.

Let’s hypothetically say that an incentive bill would pass to both houses of Congress before Feb. 12, the day the IRS begins processing the first 2020 tax returns. Would they send a separate check or try to bundle them with the Recovery Rebate? Credit for missing money from the first two checks? Aside from the fact that in this hypothetical scenario, Congress would have a very narrow window to approve the bill, the IRS would have very little time to process the third checks, or change their protocol to pack the second into taxes .

Now let’s say it will be passed in early March as part of an umbrella COVID-19 relief bill and the checks will be shipped in mid-March. That scenario would overlap the tax season for another month, ahead of the April 15 tax deadline.

By then, tens of millions of Americans have already received their tax refunds, which could make it difficult for the IRS to straighten or redact post-issue. It could get complicated whether the IRS would try to fold a third check into the remaining tax cycle, or send a third check separately.

Can I get my third stimulus check faster? How?

While we don’t know when a third stimulus check might come, there are a few things you can do to speed up receipt of your check, when and if it will. For example, you can sign up for direct deposit in your 2020 declaration, you would place in the priority category if a third incentive payment were to come.

And if you recently moved, tell the IRS and USPS. Here were our other suggestions for humans get their second check faster. Note that there may be some changes in qualifications that may not apply to a possible third stimulus check.


The first and second stimulus checks were nominally sorted by different payment groups, and one had a clear advantage over the other.

Sarah Tew / CNET

Would the IRS have a deadline with the new stimulus check?

The January 15 deadline that was set for the second stimulus check was written without explanation in the text of the bill. It is not immediately clear whether the bill would have another closure in the future, or if that was a one-time consideration that took into account the IRS’s overlapping tasks of processing and preparing stimulus checks Tax season 2020. Last year, the The tax date of April 15 was extended to July 15.

The two overlap with the second stimulus check that anyone who has not received all or part of their second payment must claim it as part of the IRS ‘ Clawback discount on their tax return – even though they have nonfiler status and are typically not required to file taxes.

What role do priority groups play in the next stimulus check?

We noticed on the first check that the IRS seems to organize when payments go to certain categories of people based on the payment method. Basically, payment groups. The second audit appeared to have followed the same factual priority.

While we can’t say for sure what the IRS will do, the major payment groups are people who get their checks direct deposit (the largest group and the fastest deliver), by paper checks in the mail and through EIP debit cards, a method the IRS has told CNET makes payments faster than physical checks, but was also the last payment method to complete both rounds of stimulus check. It also requires you to activate a prepaid debit card.

The other groups that are loosely defined (by us) include Social Security beneficiaries, who first received payments in a different way if they are part of the SSI or SSDI programs, and people with more complex scenarios, which can lead to potential problems or delays getting their money. people in situations for child benefit have been an example, and so too people who are locked up, and those with more complex citizenship scenarios.

Is a third stimulus check guaranteed?

While it seems likely, given the current discussions in Washington, it is up to Congress to decide whether or not to have a third stimulus check, and what form it might take. The rest is, for now, the basis of current public talks in government, and our deliberate guesses. There is always a chance that a bill will pass one room and not another, or fail altogether. For now we watch and wait.

Source link