If the IRS has yourbanking information, it’s possible you’ve already received your . The IRS started sending out the first wave of payments on March 12. However, if you’re waiting for your payment to arrive as a paper check or , your may very well go out later this week.
If the new stimulus checks are sent out soon through the postal service, they’ll be part of the rush of payments the IRS plans to send by the end of the month, with the goal of 100 million more checks in the next 10 days,on Monday. “Shots in arms and money in pockets,” . If you want to know the status of your check, use the — it’s officially live and can give you the details on where your payment is, but it can be tricky and the information it provides is sometimes confusing. It also can’t tell you the exact date your check will arrive in the mail or — our can help with that information and give you a quick idea of how much you could expect.
This first batch of money that’s making its way to bank accounts is aimed directly atwho already have accounts on file with the IRS, and it will take weeks or months to finish processing every payment. Meanwhile, the IRS is already knee-deep in , adding an extra burden on the agency. With , the IRS will have to process new payments using either . Your payment group and personal circumstances are also important in determining if you’ll get paid first or last. This story was recently updated.
When will I actually get my third stimulus check?
Starting last Friday, the IRS and the US Treasury began making electronic transfers to bank accounts. Those who are now seeing official payment date of March 17 to access the money.payments in their bank account as pending or provisional may need to wait until the
But some on the r/stimuluscheck Reddit forum are reporting they’ve received word from their banks that checks could start to go out May 19 and that the IRS could start showing payment status as soon as this week on its Get My Payment tracker for a mailed or . It could still take days or weeks for a payment to be processed and scheduled before it actually appears on your doorstep. Any additional complications could also delay your payment. If you .
Stimulus check delivery dates (semi-final)
|Stimulus bill passed Congress||March 10|
|Stimulus bill signed into law||March 11|
|First direct deposit sent||March 12 (pending), March 17 (official)|
|First paper checks sent||End of March 15 week reportedly|
|First EIP cards sent||Week of March 29 possible|
|IRS deadline to finish sending checks||Dec. 31, 2021 (mandated by the bill)|
|Last date to receive a check||January 2022 (if checks sent late December)|
|Claims for missing stimulus money open||2021 tax season likely (in 2022)|
Can I track my payment status online now?
Yes. The IRS turned on Get My Payment, its, on Sunday. This tool shows you the status of your payment, such as when a check is scheduled for delivery. The portal can also flag if there’s a problem with your payment that you may need to address.
How will my payment group affect my delivery date?
The IRS identifies three payment groups based on how your money is sent:
- 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. A physical check can take weeks to arrive by mail, but the check can be deposited or cashed right away once it arrives.
- : This payment type arrives as a prepaid debit card you must activate online to use. The IRS issued EIP cards last, delaying the payment’s arrival for this recipient group by weeks.
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 .)
What to know about changing priority groups
Just because you got your payment by direct deposit the first two times doesn’t necessarily mean you’ll get it that way again. A lot depends on delivery going smoothly, and on any processing issues the IRS or Treasury could encounter with your case.
The IRS told CNET in January that some people who received their first stimulus payment as a physical check or EIP card 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.
The other payment groups we’ve loosely defined 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 .
When is the IRS deadline to finish sending new stimulus checks?
Although the IRS and Treasury are acting fast to send stimulus checks, the agencies have until Dec. 31 to complete sending out the third payments. That’s good news in the sense that they aren’t facing a compressed deadline to send out all the checks. On the other hand, it also means some people may find themselves waiting, for a variety of reasons. There’s still so much we don’t know about how the IRS will deal with any fringe issues that arise.
Will the IRS use my 2019 or 2020 tax return to calculate my payment amount?
Taxes are, and although the , that doesn’t appear likely this year. So how will the IRS figure out how much it owes you? It will based on the most recent tax filing it’s processed by the time it’s ready to tabulate your check.
If youand you , your total would likely be on 2020’s , not 2020’s, as intended. That presents complications if the difference between the two years . (Learn more about some of the .)
If I get a partial check, when can I claim the rest?
There are several reasons the IRS could owe you stimulus money for the third round of checks. Maybe the agency processed your 2019 tax return instead of 2020 and there was a discrepancy. Or youyou still need to claim as a dependent. Or a clerical error accidentally left out a . Maybe your payment never arrived or was .
Whatever the reason, the IRS may provide a way to file for missing stimulus money before the Dec. 31 deadline. If not, you, until you file your 2021 taxes in 2022 (even if you’re a ).
What other stimulus check details do I need to know right now?
Stimulus checks aren’t necessarily a one-size-fits-all situation. Here are additional guides for:
Here’s everything you need to know about the, and every other way the .
The editorial content on this page is based solely on objective, independent assessments by our writers and is not influenced by advertising or partnerships. It has not been provided or commissioned by any third party. However, we may receive compensation when you click on links to products or services offered by our partners.