When Will Your Second Stimulus Check Arrive? It May Already Be On Its Way
A direct deposit payment could already be in your bank account. Paper checks will follow quickly.
![picture of stimulus check enveloped taken out of mailbox](https://cdn.mos.cms.futurecdn.net/NwNRYYrVMKSL3Tc68MuXzB-415-80.jpg)
When are second stimulus checks coming? Now! The IRS has already started delivering second-round stimulus checks to millions of Americans who received a first-round payment earlier this year. In fact, initial direct deposit payments have already arrived for some people. (To see how much you will get, use our Second Stimulus Check Calculator.)
If you don't receive a direct deposit soon, watch your mail for either a paper check or a debit card. The IRS started mailing paper checks on December 30. To speed up delivery, a limited number of people will receive their second stimulus payment by debit card. But the form of payment for your second stimulus check may be different than your first payment. Some people who received a paper check last time might receive a debit card this time, and some people who received a debit card last time could receive a paper check. (The original debit cards used for first-round stimulus payments won't be reloaded.)
If you receive a debit card, don't throw it out thinking it's junk mail! The debit cards will be issued by MetaBank, and they will arrive in a white envelope that prominently displays the U.S. Treasury Department's seal. The Visa name will be on the front of the card, and it will say "MetaBank" on the back. More information about these cards is available at EIPcard.com.
![https://cdn.mos.cms.futurecdn.net/hwgJ7osrMtUWhk5koeVme7-200-80.png](https://cdn.mos.cms.futurecdn.net/hwgJ7osrMtUWhk5koeVme7-320-80.png)
Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
[Stay on top of all the new stimulus bill developments – Sign up for the Kiplinger Today E-Newsletter. It's FREE!]
Amount of Your Second Stimulus Check
Your second stimulus check will be for $600, plus $600 for each child age 16 or younger. If your 2019 adjusted gross income is $75,000 or less for single filers and $150,000 or less for married couples filing joint returns, you'll generally receive the full amount of your second stimulus check. For Americans with income above those amounts, the payment amount is reduced.
You will receive an IRS notice, or letter, after you receive a second stimulus payment telling you the amount of your payment. Keep the notice or letter for your tax records.
There was a bill in Congress – the CASH Act – that would have increased the amount to $2,000 for each eligible American, plus an extra $2,000 for each dependent. However, that bill died in the Senate. Additional stimulus check bills could be introduced in the new Congress – perhaps for $2,000 or some other amount. President-Elect Joe Biden has said he is in favor of additional direct payments.
Automatic Second Stimulus Payments
Second stimulus check payments are automatic for eligible taxpayers who filed a 2019 tax return. In addition, people who receive Social Security retirement, survivor or disability benefits (SSDI), Railroad Retirement benefits as well as Supplemental Security Income (SSI) and Veterans Affairs beneficiaries who didn't file a tax return will also receive a second stimulus check automatically. For Social Security and other beneficiaries who received the first round of payments via Direct Express, they will receive this second payment the same way.
Payments are also automatic for anyone who successfully registered for a first-round stimulus check online at IRS.gov using the agency's Non-Filers tool by November 21, 2020, or who submitted a simplified tax return that has been processed by the IRS.
Tracking Your Second Stimulus Check
You can check the status of both your first and second stimulus checks using the IRS's online "Get My Payment" tool. The tool, which was used for first-round payments, was recently updated with new information regarding second-round payments. For more information on the tool, see Where's My Stimulus Check? Use the IRS's "Get My Payment" Portal to Get an Answer.
If You Don't Receive a Second Stimulus Check
Eligible Americans who don't receive a stimulus check this year – either the first or the second payment – will be able to claim it when they file their 2020 tax return (it will be due April 15, 2021). When you file your 2020 tax return, you may be able to claim a "recovery rebate" tax credit for stimulus check amount you should have received. (The IRS is expected to start accepting 2020 tax returns in late January or early February.)
For more information about the $600 second stimulus checks, check out Your Second Stimulus Check: How Much? When? And Other FAQs.
Get Kiplinger Today newsletter — free
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.
Rocky Mengle was a Senior Tax Editor for Kiplinger from October 2018 to January 2023 with more than 20 years of experience covering federal and state tax developments. Before coming to Kiplinger, Rocky worked for Wolters Kluwer Tax & Accounting, and Kleinrock Publishing, where he provided breaking news and guidance for CPAs, tax attorneys, and other tax professionals. He has also been quoted as an expert by USA Today, Forbes, U.S. News & World Report, Reuters, Accounting Today, and other media outlets. Rocky holds a law degree from the University of Connecticut and a B.A. in History from Salisbury University.
-
Visa Is the Worst Dow Stock Wednesday. Here's Why
Visa stock is down sharply Wednesday after the credit card company came up short of revenue expectations for its fiscal Q3.
By Joey Solitro Published
-
Another Analyst Moves to the Sidelines on Tesla Stock After Earnings
Tesla stock is spiraling Wednesday after the EV maker's big earnings miss and Wall Street has been quick to weigh in. Here's what you need to know.
By Joey Solitro Published
-
IRS Ends Inherited IRA Confusion: Annual RMDs Required for Many
IRAs The agency has resolved a major point of uncertainty for inherited IRA beneficiaries.
By Kelley R. Taylor Last updated
-
$145 Million in ‘Senior Freeze’ Checks Mailed
Property Tax What you need to know about New Jersey's property tax relief program for older adults.
By Kate Schubel Published
-
TaxAct Class Action Settlement: Details to Know
Tax Filing A multimillion-dollar settlement over alleged data privacy violations affects some TaxAct users.
By Kelley R. Taylor Last updated
-
An IRA Contribution Option You Might Not Know
IRAs Retirement savings might not have to take a back seat just because your partner doesn't earn income.
By Kelley R. Taylor Last updated
-
Project 2025 Tax Overhaul Blueprint: What You Need to Know
Tax Proposals Some people wonder what Project 2025 is and what it suggests for taxes.
By Kelley R. Taylor Last updated
-
The Taxes That Come out of Your Paycheck
Payroll Tax Your take-home pay is often less than expected due to several payroll tax withholdings you need to know.
By Kelley R. Taylor Last updated
-
Seven States Where Gas Tax Increased July 1
Gas Taxes Since July has arrived, drivers in several states are facing a gas tax hike.
By Kelley R. Taylor Last updated
-
401(k) Withdrawal Penalty Rule Changes for 2024
Tax Rules More people are taking early emergency withdrawals from retirement savings accounts. New rules might offer some relief.
By Kelley R. Taylor Last updated