The U.S. government has been sending out stimulus checks and direct deposits since mid-April 2020 due to the Coronavirus [Covid-19].
Most of you should have received your first stimulus check by now. As of Friday, August 7th, 2020 the Senate, who has been sitting on the second stimulus bill — currently known as the Heroes Act — continues discussions about a second stimulus payment and package called the HEALS Act, which nobody likes. And, apparently talks are now on the “brink of collapse.”
So, when may you receive your second 2020 stimulus payment?
It depends on whether you have direct deposit setup for your stimulus payment on file with the IRS. And, if you’ll be receiving a check, it will depend on your latest reported income. See more specifics below and get your Coronavirus protective gear here.
Since the government began offering stimulus checks, I have had so many people asking: “When Will I Receive My Stimulus Check?”. In this article, I will take a further look at when you should receive your 2020 stimulus check from the government.
And, as mentioned above, it appears that a second stimulus payment may be coming your way too. The Senate reconvened on Monday, July 20th to further discuss this second payment, which Trump suggested will be very generous, but, in the end, this is just another Trump lie — the second stimulus payment will be the same as the first for most — $1,200, recently confirmed with the release of the HEALS Act on July 27th.
A brief history of the 2020 Stimulus
With the US economy being hammered by the spreading coronavirus, serious discussions began in early March about providing a 2020 stimulus check to every American. The initial considerations were to give every American a $1,000 check (or more) within two weeks.
The government began targeting a date of April 6th to send this first stimulus check. Then, quite possibly, deliver a second $1000 check to follow on May 18th, 2020.
So what materialized from these initial meetings?
The congress passed and the President signed the deal which will provided every American earning under $75,000 a 2020 stimulus check in the amount of $1,200. See here for 2020 stimulus check FAQs.