Paper checks and Debit cards will be going out in a week or two….
The Treasury Department and the Internal Revenue Service (IRS) have started the process of sending out the $1,400 direct payments included in President Biden‘s coronavirus relief law, the agencies said Friday.
The Biden administration has said that people will start to see the payments in their bank accounts as early as this weekend. The IRS said Friday that some people may see the payments in their accounts as pending or provisional in the coming days, ahead of the official payment date of March 17.
The Wall Street Journal reported Friday that some banking apps have said that they’re already putting payments in people’s accounts.
People will be able to start to check the status of their $1,400 stimulus payments on the IRS’s website on Monday, the agency said Friday. Americans will be able to look up the status of their payments using the IRS’s “Get My Payment” web tool.
The first batch of payments is being sent by direct deposit, and additional tranches will be distributed by direct deposit, paper check and debit cards in the coming weeks. Treasury and IRS officials said they expect people to start receiving paper checks and debit cards before the end of the month.
Treasury and the IRS will automatically be issuing payments to people based on their 2019 tax returns or their 2020 returns when those have already been processed. Additionally, people who aren’t required to file tax returns and receive Social Security, railroad retirement benefits, Supplemental Security Income and veterans benefits will get payments automatically…..