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Will there be a third stimulus check
Will there be a third stimulus check












will there be a third stimulus check

Your check could actually be much higher or lower. You probably heard that your third stimulus check will be for $1,400 - but it's not that simple. Each spouse should check the IRS's "Get My Payment" tool separately using their own Social Security number to see the status of their payments.Īnswer: Everyone wants to know how much money they will get. Half may come as a direct deposit and the other half will be mailed to the address the IRS has on file. If a joint tax return is filed, a married couple could get two separate third stimulus payments. Some married couples could also get two payments. So, for example, if you received a $700 third stimulus check based on the information found on your 2019 return, filed your 2020 tax return later, and your third stimulus check would have been for $800 if it was based on information from your 2020 return, then the IRS will send you a second payment for the $100 difference. The IRS is calling these "plus-up" payments, and they'll only be sent if your regular stimulus check would have been higher if it was based on your 2020 tax return (instead of on your 2019 return or some other information obtained by the tax agency). However, some people will receive a supplemental payment if their 2020 tax return is filed and/or processed after the IRS sends them their regular third stimulus check. This is not a "recurring" payment situation. For instance, April 1 fell on a Saturday this year, so SSI recipients received their April payments a day early on March 31 and their Social Security payment on April 3.Question: How many third-round stimulus checks will I get?Īnswer: As with the first two round of checks, the legislation authorizing the third round of payments only calls for one payment. However, those payment dates change if the first or third day of the month falls on a weekend or a holiday. Instead of getting your payments on a Wednesday, you'll receive your Social Security payment on the third day of each month and your SSI on the first day of each month. If you received Social Security benefits before May 1997, or if you receive both Social Security and SSI, the payment schedule is different. Read more: Turning 67 in 2023? What to Know Before You Retire What if I receive both Social Security and SSI? Payments for SSI recipients generally arrive on the first of each month with a few exceptions we get into below.

will there be a third stimulus check

If your birthday falls between the 21st and 31st of the month, your payment will be sent out on the fourth Wednesday of the month.If your birthday falls between the 11th and 20th of the month, your payment will be sent out on the third Wednesday of the month.If your birthday falls between the 1st and 10th of the month, your payment will be sent out on the second Wednesday of the month.Which day you receive your check depends on your birth date. The Social Security Administration typically sends out payments on the second, third and fourth Wednesdays of each month. How are Social Security payment dates determined? May 24: Social Security payments for those with birthdays falling between the 21st and 31st of any given month.May 17: Social Security payments for those with birthdays falling between the 11th and 20th of any given month.May 10: Social Security payments for those with birthdays falling between the first and 10th of any given month.May 3: Social Security payments for those who receive both SSI and Social Security or have received Social Security since before May 1997.Here's the May schedule (PDF) for when you should get your Social Security check and/or SSI money: When will I get my May Social Security check?














Will there be a third stimulus check