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The New Deal And Social Security Act Video

What necessary: The New Deal And Social Security Act

A new stimulus check could be approved in weeks, rather than months.

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We lay out two scenarios for when our check could come, depending on Sociak payment priority group. The third stimulus check could come hot on the heels of the second paymentwith new proposals and timelines appearing at a regular clip, in contrast to the often slow pace of consensus lawmaking. First, lawmakers and leaders have to agree on a suite of qualifications that govern who will and The New Deal And Social Security Act get the full stimulus check amount. Second, the bill has to pass both chambers of Congress that isn't always easy and third, the IRS will have to calculate and process a third payment -- which would likely happen in the middle of tax seasonfurther complicating matters. Without any question. Before then," Pelosi said Feb. When you actually receive your personal payment is another question. This story has updated with new information.

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The stimulus check timeline is no sure thing. If all the pieces come together -- the latest proposal stitches into place, negotiations go smoothly and a vote arrives without delay -- it's conceivable that a stimulus package passes before March with a third stimulus check intact.

A delay of any sort could push it back days or even weeks. We've mapped out some hypothetical dates for two situations: if a source were to pass before the end of February, or by March 14, a date when some existing benefits lapse. The chart below highlights when the IRS could potentially send the next stimulus check, based on how quickly the IRS processed and sent out the second stimulus payments. And it could take weeks for people in a group to all get their funds, so consider these dates a starting point only, and read on for more details. We'll refresh these dates as the situation changes in Washington.

This is an important question.

Direct deposit recipients typically get their stimulus checks faster, as evidenced by the first two rounds of payments. And, anecdotally, we've heard of people who received direct deposit payments the first time finally getting an EIP card in the mail -- and not an electronic bank transfer -- two weeks after the IRS tool said the payment was issued. Our recommendation is to make sure you have direct deposit set up with the IRS as part of your tax returnif you ordinarily file taxes.

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We also suggest you attempt to file them quicklyso you're set with your most recent financial information. In fewer than three weeks from the date the second stimulus bill passed in December, the IRS and Treasury sent about million payments. That was a tremendously Tne turnaround. Back in March, it took the IRS 19 days after the first stimulus bill passed to the first check being issued.

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The Dec. But the scenario suggests that if the protocols are in place, the IRS could theoretically ship out third stimulus checks within days and weeks, rather than weeks and months. If a stimulus check is approved anytime before April 15, it falls in the middle of tax season. We don't know exactly. The latest proposal from Democrats, the controlling party, would base payments on either or taxes, but plan to provide the full sum for the tax return, according to The Washington Post. The IRS might take several months to process how your taxes would align with the third stimulus check, the Post said. Here's another thing Adt consider: Would the IRS and Treasury send a separate check The New Deal And Social Security Act attempt to bundle them in with the Recovery Rebate Credit for missing money from the first two checks?]