Talks on a new adjourned until September and the House of Representatives until Sept. 14. That makes it hard to know when might receive the next stimulus payment, but we can sketch out a timeline for how soon that could happen after a bill is (hypothetically) passed. (Here are .)are currently stalled on Capitol Hill, and Congress is in recess — the Senate has
Both sides of the aisle want to include ain the rescue package, but the GOP’s idea of the (preferably $1 trillion) is smaller than what Democratic leaders want (at least $2 trillion, at this point).
Treasury Secretary Steven Mnuchin has stated that he could send a new direct payment quicker than the. But when could that be, exactly? The answer hinges on serious talks resuming on Capitol Hill that lead to a final deal, but we’ve calculated some possible dates below.
Updated frequently as news develops.
How quickly the IRS could deliver the second stimulus checks
Several scenarios could play out. Republicans and Democratic negotiators could pick discussions back up and reach an agreement this month, or negotiations could slide into September. Complicating the timeline, both parties hold their national conventions this month —and .
Meanwhile, the House of Representatives and the Senate are adjourned till after Labor Day.
Here are some possible first dates that a second stimulus check could pass. For reference, we also include the timeline for the now expiredas a point of reference. And keep reading for who could get their payment first.
When could the second stimulus checks go out?
|Date passed by Senate||Date passed by House||Date signed||First checks sent|
|Original CARES Act||March 25||March 26||March 27||April 15|
|If Senate passes||If House passes||If President signs||First checks could be sent|
|Final negotiated bill||Sept. 8||Sept. 9||Sept. 10||Week of Sept. 21|
|Sept. 10||Sept. 11||Sept. 14||Week of Sept. 28|
|Sept. 14||Sept. 15||Sept. 16||Week of Sept. 28|
This group would get their stimulus check first
It’s likely the IRS would use roughly the same calculations and tools for sending out the second stimulus check as it did for the first one, including the IRS Get My Payment tool forpayment and signing up for .
The IRS sent the first batch of stimulus checks to people who had filed 2018 or 2019 tax returns and had already provided the IRS with their direct deposit information, according to the House Committee on Ways and Means (PDF). Following that model, the next stimulus payment could first reach people who have already registered for direct deposit, either as part of their 2019 tax filing or before.
The next group were Social Security beneficiaries who had direct deposit information on file with federal agencies. (About 80 million people got their checks through direct deposit in the first week they were disbursed, according to the IRS.)
Paper checks didn’t start getting mailed out until about a week later, to people who hadn’t signed up for direct deposit, but you could still register for the electronic bank transfer as late as May 13. The first Economic Impact Payment debit cards, which are prepaid, were sent in mid-May to about 4 million people.
Why your stimulus check could arrive later than other people’s
We won’t know for sure until a new bill is passed and the IRS forms a plan to send out checks, but here are points to consider.
Changes to aid for dependents: This depends on which version of the bill passes. The CARES Act allotted $500 for dependents age 16 and under. The Republican-backed HEALS Act also allocates $500 for dependents, of any age. But the Democrat-backed Heroes Act suggests $1,200 for a maximum of three dependents. If a change is made, even if it ultimately leads to more money being sent, it could require the IRS to adjust its accounting system. That could potentially slow things down for you.
Banking status: With the first checks, people who didn’t submit direct deposit information to the IRS had to wait longer to receive the stimulus money through the mail. As of June, 120 million people received the stimulus money through direct deposit, 35 million through a check in the mail, and 4 million through a prepaid debit card. The IRS hasn’t provided an update on how many people received a stimulus check by Aug. 1.
Banking status has affected the speed of payments since the CARES Act passed, disproportionately impacting Black Americans and people of color, according to an analysis (PDF) by the think tank Urban Institute. People who are white and whose incomes were above the poverty line were more likely to have received their first stimulus check by the end of May than people who are Black, Hispanic or below the poverty line, the analysis found.
People who didn’t make enough money to be required to file federal income tax returns in 2018 or 2019 also would not get a stimulus check unless they submitted a form to the IRS, according to a report from the Center on Budget and Policy Priorities. This group includes low-income families with children and a far greater number of Black people and people of color.
When’s the latest date you could receive the new stimulus check?
Once again, the schedule for the first stimulus checks can provide a potential roadmap, but there’s no official news until another rescue package is finalized.
The IRS will have sent about 200 million checks by the time the agency is done distributing the first raft of payments. (The total US population is over 330 million people, according to the Census Bureau.)
The majority of those were sent by the beginning of June, though the IRS said it will continue to send payments through the end of the year.
How you can get more help
If you’re still waiting on the first round of coronavirus payments, you can, learn and find possible .
Here are even more resources aboutand , , and , and how to .
Shelby Brown contributed to this report.