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My First Time Hearing About The People Video

The government must resume talks and pass a new stimulus package before the IRS can issue a second round of checks.

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Here's how long it might take for you to receive your money. But there may be a complication if new stimulus legislation isn't passed before Biden takes office: Delays could be caused as a newly appointed Treasury Secretary gets up to speed. Keep reading to learn some potential timelines for a second stimulus payment. We recently updated this story with new information.

Why the IRS can't issue all the stimulus payments at once

Do these things now. These speculative dates show you when you might see a check -- if Abkut bill becomes law before or after Inauguration Day on Jan. Not quite. One important note about the speed at which the first checks might arrive. In August, Treasury Secretary Steven Mnuchin said it would take about a week to process the first payments.

A lot of it into people's direct accounts," he said.

But that doesn't necessarily mean your stimulus money would arrive a week after a bill went live. This creates a de facto priority order that could result in some Americans receiving their checks days or even weeks before others. An electronic transfer of funds is faster and more efficient, Heariing is why this group largely got their first payment faster. Social Security beneficiaries : With the first stimulus payment, many Social Security beneficiaries who had direct deposit information on file with the federal government received checks in the first week, though not always the first day. If the IRS follows the same payment priority order, this group could begin to see their payment weeks after the first direct deposit transfers take place.

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Direct payments will continue through the end of for some individuals who weren't part of the previous groups. The deadline to claim the payment was Saturday and unfortunately has passed. If you missed the cutoff to file a claim, you'll need to claim a catch-up payment or error adjustment as part of your federal tax return. The IRS has said it will continue to send payments through Dec. Don't show this again.

Second stimulus check: How quickly the IRS might send your next payment once the package is approved The government must resume talks and pass a new stimulus package before the IRS can issue a second round of checks.

The IRS sent the initial stimulus check to different groups first. Now playing: Watch this: Next stimulus checks: What to expect. Keep track of the coronavirus pandemic. Coronavirus updates Will we have a vaccine in ? Week of Feb 16 Feb 15 is President's Day.]