When will the stimulus check be mailed out? This is a question that has been on the minds of many Americans since the COVID-19 pandemic began. The stimulus checks, also known as economic impact payments, were introduced by the government as a way to provide financial relief to individuals and families affected by the economic downturn caused by the pandemic. As the third round of stimulus checks is being processed, many are eager to know when they can expect to receive their funds.
The first round of stimulus checks were distributed in April 2020, and the second round followed in December of the same year. The third round, which was signed into law as part of the American Rescue Plan Act, has already begun to be mailed out. However, the exact date of when each check will be mailed out can vary depending on several factors.
One of the main factors that can affect the mailing date of the stimulus check is the individual’s filing status. Those who filed their taxes earlier are more likely to receive their checks sooner than those who have yet to file. This is because the IRS uses tax return information to determine eligibility and the amount of the payment for those who have already filed. For those who have not filed their taxes, the IRS is using information from their 2019 tax returns or Social Security records to calculate the payment amount.
Another factor that can impact the mailing date is the payment method chosen by the recipient. Those who have direct deposit information on file with the IRS will receive their stimulus checks faster than those who have chosen to receive a paper check. Direct deposit is the fastest and most secure method of receiving the stimulus payment, and it typically takes only a few days for the funds to be deposited into the recipient’s bank account.
For those who have not provided their direct deposit information, the IRS is sending paper checks through the mail. The mailing process for paper checks can take several weeks, depending on the complexity of the individual’s tax return and the current volume of mail being processed by the IRS. As of now, the IRS has been mailing out checks in batches, with the first batch being sent out in early April 2021.
In addition to the filing status and payment method, the USPS delivery time can also affect when the stimulus check is mailed out. The USPS has been experiencing delays due to increased mail volume and limited staffing. This means that even if the IRS has processed the payment, it may take longer for the check to reach the recipient’s address.
While the exact date of when each stimulus check will be mailed out is uncertain, the IRS has been working diligently to process the payments as quickly as possible. The agency has also set up a website where individuals can check the status of their stimulus check, including the date of when it was mailed out. To access this information, individuals will need to provide their Social Security number, date of birth, and the amount of their stimulus check, if known.
In conclusion, the question of when the stimulus check will be mailed out depends on various factors, including filing status, payment method, and USPS delivery time. While the IRS is working to expedite the mailing process, it is important for individuals to be patient and monitor the status of their payment through the IRS website. As the situation continues to evolve, the IRS will provide updates on the mailing schedule and any changes to the stimulus check program.
