A brand new stimulus check is on the horizon.

Sarah Tew/CNET

The third stimulus check could come sizzling on the heels of the second payment, with new proposals and timelines showing at an everyday clip, in distinction to the usually gradual tempo of consensus lawmaking. There are three issues that need to occur to get a third stimulus check for $1,400 out the door. First, lawmakers and leaders need to agree on a suite of {qualifications} that govern who will and will not get the full stimulus check quantity. Second, the invoice has to go each chambers of Congress (that is not all the time straightforward) and third, the IRS must calculate and course of a 3rd payment — which might seemingly occur in the midst of tax season, additional complicating issues.

This $1,400 stimulus check is already sophisticated as is, however new eligible teams and a “targeted” check quantity add extra dimensions that must be labored out earlier than a invoice can come to a vote. House Speaker Nancy Pelosi is aiming for President Joe Biden’s $1.9 trillion stimulus bundle to clear the House Feb. 22 (utilizing this system), which might line it as much as arrive earlier than the beforehand forecast date of March 14. “Absolutely. Without any question. Before then,” Pelosi stated Feb. 5.

When you really obtain your private payment is one other query. The hole between the time Congress may approve a $1,400 stimulus check and when it lands in your checking account or mailbox could differ relying on which payment group you are a part of. We’ve mapped out potential dates and discover questions on 2020 tax season beneath. This story has up to date with new data.

Next stimulus payment schedule: 2 potential timelines

The stimulus check timeline is not any positive factor. If all of the items come collectively — the most recent proposal stitches into place, negotiations go easily and a vote arrives at once — it is conceivable {that a} stimulus bundle passes earlier than March with a 3rd stimulus check intact. A delay of any type could push it again days and even weeks.

We’ve mapped out some hypothetical dates for 2 conditions: if a invoice had been to go earlier than the tip of February, or by March 14, a date when some present advantages lapse. The chart beneath highlights when the IRS could probably ship the next stimulus check, based mostly on how rapidly the IRS processed and despatched out the second stimulus funds. 

Note that completely different payment teams by methodology (direct depositbodily checks and EIP playing cards) could start to indicate up at completely different instances. And it could take weeks for individuals in a bunch to all get their funds, so take into account these dates a place to begin solely, and browse on for extra particulars. We’ll refresh these dates because the state of affairs modifications in Washington.

When could the next stimulus check presumably arrive?

Stimulus check passes Congress Friday, Feb. 26 Friday, March 12
Stimulus invoice signed into regulation Monday, March 1 Sunday, March 14
First direct deposit check despatched Week of March 8 Week of March 22
First paper checks despatched Week of March 15 Week of March 29
First EIP playing cards despatched Week of March 22 Week of April 5
Claims for lacking stimulus cash open (after tax season ends) May 3 May 3

Your stimulus payment group precedence could be fluid

This is a crucial query. Direct deposit recipients usually get their stimulus checks quicker, as evidenced by the primary two rounds of funds. But each instances there have been points involving deposits going to short-term accounts, which had been rejected by banks.

The IRS informed CNET in January that some individuals who obtained a bodily check or EIP card the primary time could receives a commission by the opposite methodology the second time round. And, anecdotally, we have heard of people that obtained direct deposit funds the primary time lastly getting an EIP card within the mail — and never an digital financial institution switch — two weeks after the IRS device stated the payment was issued.

Our advice is to be sure to have direct deposit arrange with the IRS as a part of your 2020 tax return, if you happen to ordinarily file taxes. We additionally counsel you try to file them rapidly, so that you’re set with your most up-to-date monetary data.

The different payment teams loosely outlined (by us) embrace Social Security beneficiaries, who obtained funds a unique manner the primary time in the event that they’re a part of the SSI or SSDI packages, and other people with extra advanced eventualities that could result in potential points or holdups receiving their cash. People in numerous little one assist conditions have been one instance, and so have people who find themselves incarcerated, in addition to these with advanced citizenship eventualities.

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Stimulus check No. 3: What it’s essential know


How quick could the IRS ship all of the third stimulus checks?

In fewer than three weeks from the date the second stimulus invoice handed in December, the IRS and Treasury despatched about 147 million funds. That was a tremendously quick turnaround. Back in March, it took the IRS 19 days after the primary stimulus invoice handed to the first check being issued. 

The Dec. 27 stimulus bundle gave the IRS simply 17 days complete, together with weekends, to legally ship out the funds, although some individuals have reported they obtained their EIP playing cards two weeks after the date the IRS device stated it had shipped. (If you did not get yours, it’s important to declare it as a part of tax season 2020.)

There was one notable direct deposit error because of the IRS’ rush to get funds delivered, and individuals who did not get their payment could now need to wait weeks or months for his or her second checks. But the situation means that if the protocols are in place, the IRS could theoretically ship out third stimulus checks inside days and weeks, fairly than weeks and months.

As an fascinating information level, the IRS was in a position to course of between 5 and seven million per week with the primary stimulus check, in line with a authorities report from June.


How you get your second stimulus check could affect how quickly your payment arrives.

Sarah Tew/CNET

Yes, tax season could influence a brand new stimulus payment

If a stimulus check is permitted anytime earlier than April 15, it falls in the midst of tax season. How would the IRS and Treasury deal with a third stimulus check, and would the IRS calculate your stimulus check complete utilizing your 2019 earnings or your 2020 tax return

We do not know precisely. The newest proposal from Democrats, the controlling celebration, would base funds on both 2019 or 2020 taxes, however plan to supply the total sum for the 2020 tax return, in line with The Washington Post. The IRS may take a number of months to course of how your 2020 taxes would align with the third stimulus check, the Post stated.

Here’s one other factor to think about: Would the IRS and Treasury ship a separate check or try to bundle them in with the Recovery Rebate Credit for lacking cash from the primary two checks? Either manner, the businesses would have little time or out there assets to course of the third checks, or to alter its protocol to wrap the second into taxes.

By mid-March, tens of thousands and thousands of Americans could have already obtained their tax refunds, which could make it tough for the IRS to straighten out issues or redact refunds after issuing. Things could get advanced whether or not the IRS makes an attempt to fold a 3rd check supply into the remaining tax cycle or to ship a payment individually. 

How would you have the ability to probably get your third stimulus check quicker?

There could also be a couple of issues you are able to do to assist pace up receipt of a 3rd payment, assuming it occurs. For instance, signing up for direct deposit in your 2020 tax return would put you within the precedence class for a 3rd stimulus payment. 

And if you happen to’ve moved just lately, inform the IRS and USPS. Here are our different solutions for the way individuals could make it extra seemingly they will get their second checks quicker. Note that there could be some modifications to {qualifications} that won’t apply to a potential third stimulus check.


The first and second stimulus checks had been nominally sorted by completely different payment teams, and one had a transparent benefit over the others.

Sarah Tew/CNET

Would the IRS have to satisfy a deadline for sending out checks?

The Jan. 15 deadline set for the second stimulus check was written into the textual content of the invoice with out rationalization. It is not instantly clear if the invoice textual content would undertake one other cutoff sooner or later, or if that was a one-time consideration that took into consideration the IRS’ overlapping have to course of stimulus checks and put together for the 2020 tax season. Last 12 months, the April 15 tax date was prolonged to July 15.

The two overlap with the second stimulus check in that anybody who did not obtain all or a part of their second payment should declare it as a part of the IRS’ Recovery Rebate Credit on their tax return — even when they’ve nonfiler standing and are not usually required to file taxes.

Is a 3rd stimulus check positively going to occur?

A invoice that features a stimulus payment is not a achieved deal till it is signed into regulation. That stated, Biden seems decided to drive ahead a $1,400 check as a part of his overarching stimulus plan, and Democrats in Congress have paved the way in which to push a invoice by way of Republican opposition utilizing a device referred to as price range reconciliation

Here’s all the things it’s essential find out about stimulus checks on the whole, together with what to do if you happen to run into issues with both of the primary two funds.

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