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Stimulus Checks - What You Need to Know

On December 29, 2020, the Internal Revenue Service and the Treasury Department will begin delivering a second round of Economic Impact Payments as part of the Coronavirus Response and Relief Supplemental Appropriations Act of 2021 to millions of Americans who received the first round of payments earlier this year.

The IRS emphasizes that there is no action required by eligible individuals to receive this second payment. Some Americans may see the direct deposit payments as pending or as provisional payments in their accounts before the official payment date of January 4, 2021. The IRS reminds taxpayers that the payments are automatic, and they should not contact their financial institutions or the IRS with payment timing questions.

For the latest and most detailed updates about the stimulus package, visit www.irs.gov.

IRS Site

Stimulus Check

Who Gets a Check?

Not everyone is eligible for this payment. Here's what you can expect based on your financial situation:

  • Single taxpayers making $75,000 or less will receive $600
  • Married couples with no children earning $150,000 or less will receive a total of $1,200
  • $600 will be paid in addition for every qualifying child

Please note that your amount may be reduced or eliminated for those earning higher than those amounts.

Woman looking at her computer.

When Should I Expect My Payment?

Some Americans may see the direct deposit payments as pending or as provisional payments in their accounts before the official payment date of January 4, 2021. The IRS reminds taxpayers that the payments are automatic, and they should not contact their financial institutions or the IRS with payment timing questions.

If the IRS doesn't have your direct deposit information, you may have to wait for a printed check. Paper checks will be issued starting January 6, 2021. 

Check Status