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People who are eligible for the third economic impact payment of up to $1,400 but haven’t yet received their stimulus check could see them as early as Wednesday, federal officials said Monday.
As of last week, the Treasury Department had distributed some 90 million payments to taxpayers. But with an estimated 85% of Americans qualifying for the latest round of stimulus checks, many are still waiting.
A large number of mailed payments are expected in this second batch, which began processing last Friday, according to the IRS.
“Taxpayers who do not receive a direct deposit by March 24 should watch the mail carefully in the coming weeks for a paper check or a prepaid debit card, known as an Economic Impact Payment Card, or EIP Card,” the agency said in a news release, adding that those payments should arrive “in the coming weeks.”
Others receiving the payment via direct deposit could see the money even before Wednesday, according to the IRS.
Those who want to check on the status of their payment and see if it has been scheduled can do so through the Get My Payment tool on IRS.gov. The website is updated daily, usually after midnight.
After putting in their information, users should receive a message indicating whether their payment has been processed or not. If it has, the site will provide a date of payment, as well as how the funds were sent (by direct deposit or mail).
Additional payments are expected to go out on a weekly basis, the IRS noted.
The federal agency began sending out the stimulus checks on March 12, one day after President Biden signed the $1.9 trillion coronavirus relief package known as the American Rescue Plan into law.
