Thewill start to arrive in March, President Joe Biden said Saturday, after the the . But the arrival date isn’t that simple — you want to know when your check will come, not everyone else’s, and that depends on several factors. For example, we’re still days away from the becoming law, and the IRS is in the
There’s also the question of which stimulus payment priority group you’re in — that could push back your check by weeks, and, you may not get a choice if arrives in the first wave or one of the last. Some people may also find they have to wait months to receive all their , if any problems arise, including from the 2019/2020 tax confusion.
We’ll explain more below. But first, it’s important to know that thelimit once again, which changes the and means fewer people will be than originally thought. Here’s who . Meanwhile, here are major differences between the , and all the . This story was updated with new information.
The date the IRS begins sending the very first payment may not square up with the date you receive your stimulus money in your bank account or in the mail. And that’s even in the best case scenario. Remember, it takes time for the IRS to process the well over 100 million payments expected in this third round of checks, and tiny errors could cause a delay in you receiving your full or partial payment.
If the bill becomes law by March 14 — the Democrats’ self-imposed deadline — it’s almost guaranteed that the first wave of payments will begin to go out before April 1.recipients would be the first to receive a check, followed by staggered start dates for and .
But that’s only for the dates the IRS will begin to send checks. It could take weeks for the IRS to process every group’s funds, and more time for the transactions to go through, especially if you’re issued a paper check or EIP card. Any additional complication could delay your payment. The schedule below reflects our best guesses, based on the IRS’ timeline for the $600 stimulus check…Read more>>