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Home / Tips and Tricks / When does the third stimulus check go out? These are the two possible timelines so far

When does the third stimulus check go out? These are the two possible timelines so far



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

Sarah Tew / CNET

With about 900,000 Americans filing for unemployment insurance last week amid the ongoing pandemic, President Joe Biden is urging Congress to $ 1.9 trillion aid proposal, that one third stimulus check in front of up to $ 1,400. However, Biden’s plan and what Congress actually adopts 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 this point, there are two possible ways in which a third stimulus check could occur. The first would be as part of Biden’s comprehensive account, or something similar. The second would be like a smaller, “meager” account containing only the third stimulus check and money for it Covid-19 vaccine distribution. Lawmakers will reportedly consider these two 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.

The IRS may also go a different path to obtain a third paymentdepending on when a bill is accepted. For example, it could potentially arrive as a discount that is folded in tax season, or as another standalone payment, similar to the first two checks. We also have tips for things you can do now to get around it next stimulus check faster. (And if you think you are quiet missing some or all of your first two payments, here’s how to contact the IRS.) This story was recently updated.

What would a ‘meager’ bill for incentives checks and vaccines entail?

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 does it take time for Congress to pass another 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.


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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 broadcast the following 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.

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

Sarah Tew / CNET

What happens if a third check 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.

Is there any way to 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 the receipt of your check, when and if it happens. 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.

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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 for sending a third 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.

Would how fast the IRS sends a third check be based on your priority group?

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.

Will we definitely get a third stimulus check?

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.




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