Stimulus examine standing replace: IRS fee schedule, what to learn about plus-up cash

Stimulus check status update: IRS payment schedule, what to know about plus-up money

The $1,400 stimulus checks are nonetheless coming, however you may discover yours is simply a partial fee, or delayed.


Sarah Tew/CNET

The third spherical of stimulus checks continues to exit. However with the IRS juggling 2020 tax refunds and plus-up funds along with the brand new stimulus calculations, there are causes you won’t have gotten yours but, or get a smaller quantity than you anticipated (calculate your share of the $1,400 stimulus examine). Even when you did get it, we’ll share the fee schedule and clarify what to do if there’s a difficulty you might want to resolve.

We may also help you get your arms across the particulars of your fee, together with the IRS timeline for funds and potential supply points, together with:

Preserve studying for particulars. Within the meantime, here is the present dialogue on a fourth stimulus examine and particulars on little one tax credit score funds, together with how a lot CTC cash you will get and who’s an eligible dependent. And listed below are 5 methods to save lots of on medical bills with the stimulus invoice. This story was not too long ago up to date.

What’s an IRS plus-up fee and why may you get one?

The IRS started making supplemental funds this week to these it owes extra money based mostly on their newest tax submitting. If the IRS makes use of your 2019 taxes (and AGI) to calculate your third stimulus examine after which finds it underpaid you after processing your 2020 taxes, you are due an adjustment referred to as a plus-up fee. If you happen to received your stimulus fee through direct deposit, that is how you will get your plus-up cash, too. If the IRS does not have your particulars on file, chances are you’ll obtain a paper examine as an alternative.

Plus-up funds will proceed on a weekly foundation because the IRS processes 2020 tax types and reevaluates checks. The batch going out this week contains 1 million plus-up funds for greater than $2 million.

Stimulus examine funds to this point

Direct deposit Paper checks EIP Card Direct Categorical Card Plus-up
First fee batch — March 17 90 million ($242 billion) 150,000 ($442 million) Not launched Not launched Not launched
Second fee batch — March 24 17 million ($38 billion) 15 million ($34 billion) 5 million ($11 billion) Not launched Not launched
Third fee batch, together with Social Safety — April 3 2 million ($5 billion) 2 million ($5 billion) Not disclosed As much as 30 million to come back Not launched
Fourth fee batch, together with “plus-up” cash — April 7 24 million ($33 billion) 1 million ($3 billion) Not disclosed 3.1 million 1 million ($2 million)

Here is how the IRS can pay out your stimulus cash

If you happen to’re getting your new stimulus examine delivered now (and never a plus-up), count on to obtain it within the mail (how you can monitor it) as a paper examine or EIP debit card. Nevertheless, when you’re an SSI or SSDI recipient who has a Direct Categorical advantages card, it’s best to get an digital switch. In any other case, search for a examine within the mail, however not an EIP card, in accordance with the SSA. (Extra particulars under.)

Be aware that it may take days between the date the IRS or Treasury processes your stimulus cash and while you obtain it, particularly in case your examine is arriving by the mail. If you happen to moved not too long ago, you might want to inform the IRS and USPS.


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Stimulus check 3: How much money you’ll get



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What would divide or delay your stimulus check delivery?

Here’s more information on problems you might encounter with your stimulus check.

Track your payment status online and in the mail

The IRS updates its Get My Payment tracker tool for stimulus checks daily. This online app shows the status of your payment, including when a check is scheduled for delivery. The IRS portal also flags if there’s a problem with your payment that you may need to address, but it doesn’t tell you the amount you’ll receive. You’ll see your payment status in the tracker for SSI and SSDI beneficiaries. Those who receive VA benefits will be able to check the status of their payments the weekend of April 10 and 11. You can use a free tool from the USPS to track your mailed stimulus payment.

Stimulus check delivery start and end dates

Stimulus bill signed into law March 11
First direct deposits made March 12 (provisional), March 17 (official)
First paper checks sent Week of March 15
First EIP cards sent Week of March 22
Last day to get direct deposit March 24, unless you receive a “plus-up” adjustment for 2020 taxes
First Social Security, SSI, SSDI payment sent Weekend of April 3, most arriving April 7
First plus-up payments Weekend of April 3
VA benefits for veteran nonfilers April 14
IRS deadline to finish sending checks Dec. 31, 2021 (mandated by the bill)
Last date to receive a check January 2022 (if mailed checks sent late December)
Final claims for missing stimulus money 2021 tax season likely (in 2022)

What to do if you’re missing any stimulus money from your third check

There are several reasons the IRS may owe you stimulus money after it sends out the third round of checks.

For example, the agency may have processed your 2019 tax return before it received 2020 tax forms and you’re entitled to a bigger payment. If this is your situation, the IRS said it will automatically evaluate if you qualify for more money after it receives your 2020 tax return. It will then send you a supplemental payment for the difference between what you originally received and the amount you now qualify for. You don’t need to take any action to receive this supplemental payment, according to the IRS.

If you had a baby or added a dependent in 2020, the IRS said it will also automatically send you a supplement payment once it receives your taxes this year.

But what if a clerical error accidentally left out a new dependent? Or perhaps your payment never arrived or was accidentally garnished? The IRS may provide a way to file for missing stimulus money before the Dec. 31 deadline. If not, you might have to wait a year to claim it, when you file your 2021 taxes in 2022 (even if you’re a nonfiler who isn’t typically required to file taxes).

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If you don’t get all your stimulus check money right away, you may need to address the issue down the road.


Sarah Tew/CNET

How you should — and shouldn’t — report a payment problem

The IRS doesn’t want you to call if you have any issue with the delivery or amount of your stimulus check. So what to do instead? Our guide walks you through how to report stimulus check problems, including checks that never arrive (try filing a payment trace), direct deposit payments that go to the wrong account and other issues.

Social Security, SSDI, SSI and veterans: What to know about your payment

After a weeks-long holdup, the IRS is now making payments for SSDI and SSI recipients and retired railroad workers, many of whom automatically qualify for the third check. The first payments started going out April 3, with the majority of payments made electronically — either through direct deposit or to existing Direct Express cards (PDF) — by April 7, according to the IRS.

For those who receive veterans benefits, the IRS said it’s reviewing data for Veterans Affairs benefit recipients and expects to start making payments by April 14. VA beneficiary payment information will be available in the Get My Payment tool this weekend, the IRS said.

Note that you’ll most likely get the electronic payment transfer if this is how you normally receive benefits, and if you didn’t file taxes in 2019 or 2020. But some in this subset of nonfilers could receive an automatic payment sooner if they got a previous check by using the IRS’ Non-Filers tool, which is now closed. The SSA says this group will not receive an EIP debit card. Here’s our complete guide to stimulus checks for people receiving Social Security benefits.

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Millions may wind up getting a smaller check than they’re owed, depending on their 2020 taxes.


Sarah Tew/CNET

What your 2020 tax return has to do with your payment

Taxes are now due May 17. So how will the IRS figure out how much it owes you? It will calculate your total (you can also do that here) based on the most recent tax filing it’s processed at the time it’s ready to tabulate the amount of your stimulus check.

If you filed your 2020 taxes early and you know your tax return was already processed, your total will likely be based on your 2020 adjusted gross income, not on your 2019 AGI. That presents complications if the difference between the two years disqualifies you from getting a third stimulus check

On the flip side, if the IRS uses your 2019 taxes and you’re owed more money based on your 2020 AGI and dependents, you’ll need to claim the difference at a later date. Note that if you filed your 2020 taxes after you got your stimulus payment, this IRS is now sending the catch-up payments now. (Learn more about some of the stimulus check exceptions and catches here.)

Stimulus money could still show up through the end of 2021

Although the IRS and Treasury are sending stimulus checks now, the agencies have until Dec. 31 to complete distributing the third payments. That’s good news in the sense they aren’t facing a compressed deadline to send out all the checks, as they did for the second stimulus check in December, which only gave them a 17-day window to get the payments out. 

On the other hand, the nearly nine-month delivery window also means some people may find themselves waiting for their payment, for a variety of reasons. We’ll have to wait and see how the IRS deals with any fringe issues that arise, such as the need to claim missing money. 

Additional details for certain payment groups

Stimulus checks aren’t necessarily a one-size-fits-all situation. Here are additional guides for:

And here’s everything you need to know about the third stimulus check, how to calculate your stimulus total and every way the stimulus bill can bring you more money.

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