For a couple/few weeks now, stimulus money has been getting to people’s bank accounts via direct deposit. For all those that had not given their bank information to the IRS via tax return or the Get My Payment tool, checks are going out. They started going out over a week ago now so here is when you can expect to get your stimulus check!
When You Will Get Your Stimulus Check
Wait – What if You Don’t Want to Wait for a Check?
Fortunately, if your check has not gone out yet, you can access a special IRS website to enter your direct deposit information. Check this post for how to use the Get My Payment tool including one way that could help if there are problems (and some people are still having problems in spite of the fact that there was a significant upgrade made last week).
One more thing to consider – if you are a SSI or VA recipient, your information may not yet by available through the tool. They are working to get it there but it is with a different administration than the IRS so it is taking some time.
When the IRS Stimulus Checks Will Go Out
Here is the schedule for the stimulus checks that are being sent through the mail. Note that about two weeks after your check is sent out, you will receive a letter with the information that the payment has been sent and what to do if you did not receive it.
The date in each column is that particular week so they will be in the mail during that week. All amounts are for Adjusted Gross Income amounts.
- $10,000 – $20,000 | May 1
- $20,000 – $30,000 | May 8
- $30,000 – $40,000 | May 15
- $40,000 – $50,000 | May 22
- $50,000 – $60,000 | May 29
- $60,000 – $70,000 | June 5
- $70,000 – $80,000 | June 12
- $80,000 – $90,000 | June 19
- $90,000 – $100,000 | June 26
- $100,000 – $110,000 | July 3
- $110,000 – $120,000 | July 10
- $120,000 – $130,000 | July 17
- $130,000 – $140,000 | July 24
- $140,000 – $150,000 | July 31
- $150,000 – $160,000 | August 7
- $160,000 – $170,000 | August 14
- $170,000 – $180,000 | August 21
- $180,000 – $190,000 | August 28
- $190,000 – $198,000 | September 4
How Much Stimulus Money You Will Get
Here is a calculator to show you what you can expect to receive from the stimulus package.
Remember, the amount of your AGI is taken from your most recent tax return that was processed, whether it was 2018 or 2019. Also, if you are over 16 years old and claimed as a dependent, you will not be able to receive any money from this stimulus package.
This calculator was developed by Maciej Kowalski, PhD candidate and Jasmine J Mah and available at Omni Calculator