The second batch of Covid-19 stimulus checks will be issued this week, the Biden administration announced Monday.
Many of these payments will come via paper check or prepaid debit card and additional batches will be made weekly going forward, according to a statement from the US Department of the Treasury, the Internal Revenue Service and the Bureau of the Fiscal Service.
“For taxpayers receiving direct deposit, this batch of payments began processing on Friday and will have an official pay date of Wednesday, March 24, with some people seeing these in their accounts earlier, potentially as provisional or pending deposits,” the statement read. “A large number of this latest batch of payments will also be mailed, so taxpayers who do not receive a direct deposit by March 24 should watch the mail carefully in the coming weeks for a paper check or a prepaid debit card, known as an Economic Impact Payment Card, or EIP Card.”
The statement pointed people to the Get My Payment tool on IRS.gov to check whether their payment has been scheduled.
The payments of up to $1,400 per person began disbursement earlier this month after President Biden signed the $1.9 trillion Covid relief bill into law.
Families will receive an additional $1,400 per dependent, so a couple with two children could receive up to $5,600. Unlike prior rounds, families will now receive the additional money for adult dependents over the age of 17.
The full amount goes to individuals earning less than $75,000 of adjusted gross income, heads of households (like single parents) earning less than $112,500 and married couples earning less than $150,000. But then the payments gradually phase out as income goes up.
Use our calculator to see what you can expect to get.