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When Your Next Stimulus Check Arrives: 3 Important Things to Know



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How fast could the IRS send your money? We have a number of possible dates.

Sarah Tew / CNET

A second stimulus control is not off the table yet, but it is can be delayed, such as negotiations to a new bill for economic emergency aid have seemingly taken a turn from recording one new direct payment for now. Talk about a bill that’s popular, widely supported the stimulus payment is likely to resume in 2021.

Below we have possible timelines for this when a second incentive payment can be sent showing when a bill for coronavirus relief should pass and when the IRS should get the wheels in motion to make different groups of people pay directly again between now and April. If spring seems far away, it is, especially as health officials now believe the coronavirus has been in the US for a year. The main takeaways are:

We update this story regularly.


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When will the new incentive law get a vote?

While the date to vote on a package has been a moving target for months, top leaders are now looking to a vote before December 11. That means legislators must act quickly to draft a final law. Since we can’t officially rule out another stimulus check – negotiations have not yet started on the latest proposal – you see that possibility reflected in scenario 1 in the graph below.

At the moment, it seems that the Senate is leaning towards an emergency bill does not contain any other stimulus check. With Congress on a deadline to approve a new federal budget by Dec. 11, the Senate may also try to link more economic support with a government funding bill.

After becomes President-elect Joe Biden US president on January 20, the new administration could try again for a larger account that could contain another direct payment. That would mean that a check would be issued in February at the earliest. See the table below for possible dates. (Here are separate incentives that Biden could take if there is no incentive bill by inauguration).

read more: How big will your next stimulus check be? Calculate your estimate

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Are you hoping for a second stimulus check? You are not alone.

Sarah Tew / CNET

How soon could the IRS make a second payment, if approved?

In August, Treasury Secretary Steven Mnuchin said it would take about a week from when another direct payment is approved to when the IRS can process the first batch.

“I can transfer 50 million payments very quickly. A lot of that into people’s direct accounts,” Mnuchin said at the time.

If a check doesn’t arrive until 2021, a new treasury secretary will arrive – it’s not clear whether a power transfer would delay sending money. Biden has elected Janet Yellen, the previous chairman of the US Federal Reserve, for the position of the Treasury, although she must be confirmed by the Senate before taking office.

Even if the checks would go out faster the second time by following the existing IRS protocol from the first payment, it doesn’t necessarily mean your incentive money would come in a week after an account went live. The next section explains more.

How soon could I have my next stimulus check?

Here is one stimulus check the truth of many: Not everyone gets a payment at the same time. On the first check, the IRS divided incentive payments into three main groups, depending on the form in which you received the money. We’ll explain more in the next section.

In the chart below, these speculative dates show when you might see a payment. The second scenario is possible if the House and Senate are recalled to vote and the session is officially extended. We’ve also outlined two timelines if a bill becomes law after Biden’s Inauguration day on January 20 to give you an idea of ​​how long to wait.

Possible dates on which a second stimulus check can go out

Scenario 1

Scenario 2

Scenario 3

Scenario 4

House passes the final bill

Dec 9

February 1

1 Mar.

April 5th

Senate approves final bill

Dec 10

February 2

Feb 2

6 April

President signs

Dec 11

February 3

Mar 3

April 7

First direct deposits issued

Week of December 14

Week of February 8

Week of March 8

Week of April 12

First paper checks sent

Week of December 21

Week of February 16 (February 15 is President’s Day)

Week of March 15

Week of April 19

First EIP cards shipped

Week of January 18

Week of March 15

Week of April 12

Week of May 10

To check? EIP card? What do these different groups mean?

The three groups you see above are just the beginning. They represent the IRS’s staggered timeline for sending payments with the first incentive check. We dive more into the five stimulus check payment priority groups here.


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