Don’t be surprised if it takes a few months to get your coronavirus stimulus check

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The Trump administration is expected to start sending out the first wave of coronavirus stimulus checks in a couple of weeks, which will provide individuals with as much as $1,200 and couples with up to $2,400 (plus $500 for each child a parent has who’s under 18).
Americans whose checks end up in the latter wave of mailouts from the IRS, however, may not get their checks for a few more months, according to a House Democratic memo.
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Let’s get the good news out of the way for those of you eagerly anticipating your coronavirus stimulus check from the Trump administration, which will provide as much as $1,200 for individuals and $2,400 for couples. Treasury Secretary Steve Mnuchin promised during Thursday afternoon’s White House coronavirus task force briefing that the money would actually start going out in two weeks, as opposed to his initial assurance of three weeks.

An important caveat, though: Those of you who will be in the first wave of checks will have to have your banking information already on file so that the money can come to you in the form of a direct deposit. Alternatively, a web portal is being set up so that you can give the IRS that information to go ahead and get yourself near the front of the queue. The bad news, though, is for those of you who’ll be waiting for a paper check in the mail.

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Don’t be surprised if it takes a few months to get your coronavirus stimulus check originally appeared on BGR.com on Thu, 2 Apr 2020 at 23:49:59 EDT. Please see our terms for use of feeds.