2nd Stimulus Payment Timeline

During july some reports indicate the white house will work on its own proposals for a second round of payments.

2nd stimulus payment timeline. If gmp shows payment status 2 not available then you will not receive a second stimulus check and instead you need to claim the recovery rebate credit on your 2020 tax return. What is the timeline for the second round of stimulus payments. The relief bill says that the treasury department has until jan.

January 15 per the relief legislation the irs has a deadline of jan. Completely ready to go to the floor week of feb. The schedule to bring a third stimulus check or any covid 19 relief to a vote is becoming clearer.

After congress had reached tentative agreement for the second stimulus package mnuchin said on cnbc that people would begin receiving their 600 checks at the beginning of next week. The bill authorizing the second round of pandemic stimulus direct payments puts a deadline on the irs and us treasury to get the funds out to americans. 15 to get out the 600 payments according to the washington post.

There s also talk that the checks could be limited to. Greg heilman update 6 january 2021 at 05 44 cet. A stimulus payment there s been talk about it being anywhere from 1 200 to 2 000 for every member of the household regardless of age.

When talking timelines in august mnuchin said he could distribute a second round really quickly in possibly as little as one week. The second stimulus check follows a rocky rollout this spring for more than 160 million stimulus payments directed by the coronavirus aid relief and economic security cares act.