Stimulus Check Update

 

Stimulus check timeline update: Payment details and status, plus-up money, IRS scorecard

The IRS is currently sending the next wave of stimulus checks. Here's what to know about receiving your payment, including new details on how you'll get catch-up money if the IRS owes you a supplemental payment.

Most of these payments are expected to arrive in bank accounts on April 7, the IRS said. However, people who receive veterans benefits and don't file taxes will need to wait to find out for their payment date. If your stimulus check amount was smaller than you think it should be as a result of your 2019/2020 tax situation and a change to your AGI, you might be eligible for a "plus-up" payment the IRS is sending out through direct deposit and by mail -- you don't need to file an amended tax form to receive it. These new catch-up payments are also going out to people missing money for new dependents, like those who had a 2020 baby, on their 2020 tax return, the IRS said.

A fresh wave of $1,400 stimulus payments continues to roll out this weekend from the IRS, including to people who receive Social Security, SSI and SSDI benefits. Some are reporting their third stimulus check is in the mail or scheduled for later this week via direct deposit. For an official update on your payment, here's how to track your stimulus check with the IRS and follow your payment to your mailbox. Brush up on stimulus qualifications There's more to the stimulus check delivery story as well. For example, if your check never arrives (but an IRS letter said it did), you may need to report that or find the rest of your stimulus money or request a payment trace. That's why it's critical you know how much money you should expect. We explain what to anticipate below. In the meantime, here's what we know about a potential fourth stimulus check, and how child tax credit payments will bring more money if you have eligible dependents and qualify for the CTC. This story has been updated.

Stimulus check schedule: The new timeline and scorecard

This weekend through April 7 (and after), SSI and SSDI recipients will finally get their payments, though many veterans will still have to wait. If you receive federal benefits, you'll get your stimulus money either as an electronic transfer to an existing benefits card, like Direct Express; a transfer to your bank account; or as a payment through the mail. The IRS won't send EIP cards to this group, the Social Security Administration said.

Many people who don't receive federal benefits and didn't get a direct deposit by March 24 will receive a stimulus payment in the mail as a paper check or EIP debit card. However, some folks may see an electronic transfer appear in their bank account, as an adjustment called a "plus-up." This is primarily for people who received a partial payment based on their 2019 taxes but who are actually due more money based on their 2020 taxes. The people receiving this now have had their 2020 taxes processed by the IRS. The IRS said it will continue to send these plus-up payments on a weekly basis as it processes tax forms and reevaluates payments.

Note that it could take days between the date the IRS or Treasury processes your payment and when you receive it, especially if your check is delivered through the mail. If your life circumstances changed between getting the second stimulus check, which was authorized in December, and now, any complications could hold up your payment. If you moved recently, you need to tell the IRS and USPS.

Here's how the checks have been sent so far:

Stimulus check scorecard: Payments so far

	Direct deposit	Paper checks	EIP card	Direct Express card
First payment batch, March 17	90 million ($242 billion)	150,000 ($442 million)	Not released	Not released
Second payment batch, March 24	17 million ($38 billion)	15 million ($34 billion)	5 million ($11 billion)	Not released
Third payment batch, including Social Security, April 3	2 million, including "plus-up" a

You can (and should) track your payment status. Here are two ways

The IRS updates its Get My Payment tracker tool for stimulus checks daily. This online app shows the status of your payment, including when a check is scheduled for delivery. The IRS portal also flags if there's a problem with your payment that you may need to address, but it doesn't tell you the amount you'll receive. The tracker also shows payment status for SSI and SSDI beneficiaries. You can use a free tool from the USPS to track your mailed stimulus payment.

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