If you were wondering where things stand on the payments being bumped up to $2000,
Have you checked your bank account yet? Your economic impact payment may be coming soon.
How much will my stimulus check be?
The new round of stimulus includes $600 direct payment to individual Americans who earned up to $75,000 in 2019, or $1,200 for couples filing jointly who made up to $150,000.
The size of the benefit would be reduced for those earning more than $75,000, or $150,000 per married couple, similar to the last round of stimulus money.
How do I know if I'm getting a check? Where can I check the status?
Treasury Secretary Steve Mnuchin tweeted that you can check your payment's status later this week at the link below.
However, not everyone qualifies for the payment. Notably, many students don't qualify. Neither do immigrants who don't have a Social Security number.
Will people receive a paper check or a debit card?
Just like the first round of payments under the CARES Act, most Americans will receive their payments via direct deposit.
Anyone who got the first round of payments this year but doesn't use direct deposit will generally receive a check or, in some instances, a debit card.
What if I never got a payment?
Eligible individuals who did not receive an Economic Impact Payment this year – either the first or the second payment – will be able to claim it when they file their 2020 taxes in 2021.
Can I set up direct deposit now?
The deadline to register online for direct deposit in 2020 already passed and the tool is closed.