Your second stimulus check might arrive before or after others’. We worked out some possible dates

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Your second stimulus check might arrive before or after others’. We worked out some possible dates

Americans are still waiting for a second stimulus check — and, potentially, a broader economic rescue package — to help get through the coronavirus recession. Even if the pieces don’t come together before the Nov. 3 election, there’s a lot we know that could impact when your check would come to you.

While keeping a close eye on negotiations in Washington, we’ve been able to sketch out four possible timelines for when you could get a check, from the earliest realistic date to a speculative date after the inauguration of the next president on Jan. 20.

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A new payment is expected to bring eligible Americans up to $1,200 per individual and even more money for some families. The dates could change — in fact, we expect them to — but the overall schedule for when payments are sent should remain roughly the same, which is important to understand if you want to know if you’ll get your stimulus check in the first wave, or one of the last.

This story updates often.

What date could the IRS send my payment?

Treasury Secretary Steven Mnuchin has said it would take about a week to process the first payments, when and if another stimulus check is signed into law. “I can get out 50 million payments really quickly. A lot of it into people’s direct accounts,” he said in August.

We’ve speculated as to some potential dates if a bill becomes law before the Nov. 3 election or after Inauguration Day on Jan. 20, 2021, based on current negotiations in Washington. Keep reading for more information…Read more>>

Source:-cnet 

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