STATUS OF STIMULUS CHECK HOW TO
STATUS OF STIMULUS CHECK FULL

When Congress passed the last relief bill extending the unemployment programs, some of the jobless had already started exhausting their pandemic benefits, which were created last March.Īlso, lawmakers added the $300 weekly enhancement and made changes to the pandemic programs. The $300 enhancement is also set to end next weekend. Without an extension of the programs, an estimated 11.4 million would begin to see their benefits start to lapse after next weekend and phase out over the next month, according to The Century Foundation. Most states should start sending out the jobless benefits in less than three weeks, he said. Still, some states will wait until the US Department of Labor releases all the necessary guidance to reprogram their systems. Unlike the relief package Congress approved in December, this legislation should be signed before any laid-off workers run out of benefits, and there are far fewer changes than in the prior bill, said Andrew Stettner, senior fellow at The Century Foundation. The Pandemic Unemployment Assistance program provides benefits to freelancers, gig workers, independent contractors and certain people affected by the pandemic, while the Pandemic Emergency Unemployment Compensation program increases the duration of payments for those in the traditional state unemployment system. The House bill would provide a $400 weekly enhancement and continue it and the two pandemic programs through August 29. The Senate bill would continue the existing $300 weekly federal boost and two key pandemic unemployment programs through September 6. If the House approves the Senate’s changes and the bill is signed by Biden in coming days, the jobless may see little or no break in payments. Payments would reach about 90% of families, according to an estimate from the Penn Wharton Budget Model.Īs for unemployment benefits, the Senate and House bills differ on the provisions. But the third round of checks would phase out faster than earlier payments – completely cutting off individuals who earn more than $80,000 a year and married couples earning more than $160,000, regardless of how many children they have.

STATUS OF STIMULUS CHECK FULL

This time, individuals earning less than $75,000 and couples earning less than $150,000 would receive the full $1,400 payment, plus an additional $1,400 per dependent. While most people received the money automatically, very low-income people who don’t normally file tax returns may have to take an extra step to register online or file a 2020 tax return. An estimated 8 million eligible people did not get the first stimulus payment, worth up to $1,200, which was approved last year and delivered over the spring and summer.

STATUS OF STIMULUS CHECK HOW TO

Still, millions of people could be at risk of missing out because the IRS does not know how to reach them. Others may receive paper checks or prepaid debit cards in the mail. Those whose bank information is on file with the IRS would likely get the money first because it would be directly deposited into their accounts. But it’s possible that tax filing season, which is currently underway, could slow down the process this time. People could start seeing the $1,400 stimulus payments hit their bank accounts within days of Biden signing the bill – which is expected to happen soon after the House votes on Tuesday.įor the previous pandemic stimulus bill, the Internal Revenue Service started sending out the second round of payments – that were worth up to $600 – three days after then-President Donald Trump signed that bill in late December. Only after the House passes the Senate version would it land on Biden’s desk.Īfter that, the turnaround time – between it being a more than 600-page bill and money in people’s pockets – could be relatively quick. That vote is expected to succeed on a party line, as it did in the Senate, with a narrow Democratic majority. Senate passage of President Joe Biden’s $1.9 trillion Covid relief bill on Saturday brought the massive legislation one step closer to law.īut first, the bill has to go back to the other side of the Capitol, where the House – which already passed its own version of the bill – is scheduled to vote Tuesday to approve the changes made in the Senate.

Status of stimulus check