{"id":139146,"date":"2020-12-21T16:44:46","date_gmt":"2020-12-21T13:44:46","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/when-will-the-second-stimulus-checks-arrive-what-we-know\/"},"modified":"2020-12-21T16:44:46","modified_gmt":"2020-12-21T13:44:46","slug":"when-will-the-second-stimulus-checks-arrive-what-we-know","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/when-will-the-second-stimulus-checks-arrive-what-we-know\/","title":{"rendered":"#When will the second stimulus checks arrive? What we know"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a245df58bb47\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a245df58bb47\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/when-will-the-second-stimulus-checks-arrive-what-we-know\/#Who_is_eligible_for_another_stimulus_check\" >Who is eligible for another stimulus check?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/when-will-the-second-stimulus-checks-arrive-what-we-know\/#When_will_I_get_my_stimulus_check\" >When will I get my stimulus check?<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#When will the second stimulus checks arrive? What we know<\/strong>&#8221;<\/p>\n<div>\n<p>After nearly nine months and seemingly endless negotiations in Washington, millions of Americans could soon get a second stimulus check.<\/p>\n<p>Congressional leaders unveiled a roughly $900 billion stimulus deal on Sunday that calls for another round of direct payments to help Americans get through the coronavirus pandemic.<\/p>\n<p>The $600 checks are half as large as the $1,200 payments lawmakers <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roved under the CARES Act in late March, but they could still offer many Americans a short-term financial lifeline within weeks.<\/p>\n<p>Here\u2019s what is known about the second round of checks and what the rollout could look like based on the\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/rules.house.gov\/sites\/democrats.rules.house.gov\/files\/BILLS-116HR133SA-RCP-116-68.pdf\">text of the stimulus bill<\/a>\u00a0released Monday and the earlier distributions.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"1024\" height=\"683\" alt=\"\" class=\"wp-image-16878314 lazyload\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2020\/12\/051920stimuluscheck7CS.jpg?quality=90&amp;strip=all&amp;w=300 300w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2020\/12\/051920stimuluscheck7CS.jpg?quality=90&amp;strip=all&amp;w=640 640w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2020\/12\/051920stimuluscheck7CS.jpg?quality=90&amp;strip=all&amp;w=1280 1280w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2020\/12\/051920stimuluscheck7CS.jpg?quality=90&amp;strip=all&amp;w=1024 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2020\/12\/051920stimuluscheck7CS.jpg?quality=90&amp;strip=all&amp;w=2048 2048w\" data-sizes=\"(max-width: 640px) 100vw, 1024px\"\/><figcaption><span class=\"credit\">Christopher Sadowski<\/span><\/figcaption><\/figure>\n<h2><span class=\"ez-toc-section\" id=\"Who_is_eligible_for_another_stimulus_check\"><\/span><strong>Who is eligible for another stimulus check?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Similar to the CARES Act, the latest stimulus deal will distribute $600 payments to individual taxpayers <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/apnews.com\/article\/health-care-reform-health-legislation-coronavirus-pandemic-e2cca37db8ff9357a65c9b933de4c47e\">earning up to $75,000 a year<\/a> or married couples with annual incomes up to $150,000. <\/p>\n<p>People with incomes above those limits will receive smaller amounts. Just like the CARES Act, the latest bill will\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.irs.gov\/newsroom\/economic-impact-payment-information-center-topic-a-eip-eligibility\">reduce<\/a>\u00a0high earners\u2019 checks by 5 percent of the amount by which their adjusted gross incomes exceeded the initial threshold. It means, for example, that an individual making $80,000 would get a check for $350.<\/p>\n<p>Households will also get up to $600 for each dependent child, an increase from $500 under the CARES Act, meaning a family of two adults and two children could get as much as $2,400 in stimulus money. But dependents who are 17 or older reportedly won\u2019t qualify.<\/p>\n<p>Lawmakers did agree to allow about 1.2 million American citizens who are married to undocumented immigrants to collect the new checks, which the CARES Act prohibited,\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2020\/12\/20\/us\/politics\/congress-stimulus-deal.html\">according to the New York Times<\/a>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"When_will_I_get_my_stimulus_check\"><\/span><strong>When will I get my stimulus check?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The timeline for distributing the checks isn\u2019t yet certain because Congress hasn\u2019t actually passed the bill, which lawmakers are expected to vote on Monday. But the money could start moving fast if the CARES Act is any indication.<\/p>\n<p>The Treasury Department began delivering payments to more than 80 million taxpayers in mid-April, roughly two weeks after the CARES Act was passed. The process could be even quicker this time around \u2014 Treasury Secretary Steven Mnuchin said Monday that checks could\u00a0start landing in bank accounts early next week.<\/p>\n<p>\u201cPeople go out and spend this money, and that helps small business and that helps getting more people back to work,\u201d\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2020\/12\/21\/stimulus-checks-will-arrive-as-soon-as-next-week-mnuchin-says.html\">Mnuchin told CNBC<\/a>. \u201cSo it\u2019s very fast, it\u2019s money that gets recirculated in the economy.\u201d<\/p>\n<p>People who submitted their bank account information to the Internal Revenue Service with their 2018 or 2019 income tax returns would likely be first in line because the feds could deposit the checks right into their accounts.<\/p>\n<p>The 14 million people who submitted their banking info to the IRS earlier this year to collect their first stimulus checks may also get their second payments quickly, but the Treasury hasn\u2019t definitively said whether it will reuse banking details it\u2019s already collected, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2020\/12\/20\/second-stimulus-check-how-much-to-expect-from-new-covid-relief.html\">according to CNBC<\/a>.<\/p>\n<p>The process of rolling out the first stimulus checks was plagued by glitches in the spring, such as payments going into the wrong bank accounts and being delivered to dead people. But one IRS official has said the agency would be \u201cbetter positioned\u201d to distribute another round of checks than it was in April.<\/p>\n<p>\u201cThe infrastructure is already in place to administer such a payment,\u201d Chad Hooper, president of the Professional Managers Association, which represents IRS managers,\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/grow.acorns.com\/second-stimulus-check-could-go-out-in-august-2020\/\">told CNBC<\/a>\u00a0in\u00a0August.<\/p>\n<p><em>With Post wires<\/em>\n            <\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2020\/12\/21\/when-will-the-second-stimulus-checks-arrive-what-we-know\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;#When will the second stimulus checks arrive? What we know&#8221; After nearly nine months and seemingly endless negotiations in Washington, millions of Americans could soon get a second stimulus check. Congressional leaders unveiled a roughly $900 billion stimulus deal on Sunday that calls for another round of direct payments to help Americans get through the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":139147,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2020\/12\/stimulus-93.jpg?quality=90&strip=all&w=1200","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[87288,52214,1545,5069,73434,72588,87412],"class_list":["post-139146","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-12-21-20","tag-congress","tag-coronavirus","tag-economy","tag-irs","tag-money","tag-paychecks"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/139146","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=139146"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/139146\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/139147"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=139146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=139146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=139146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}