The Senate Passed The New Stimulus Bill So When Will You Be Getting Your $1,400 Stimulus Check?

In case you haven’t heard yet, The Senate passed President Joe Biden’s $1.9 trillion stimulus package on Saturday which includes the $1,400 stimulus checks.

Now, it’s important to know that while the bill was passed, the Senate is sending the amended bill back for a vote in the House.

So, when can you expect your $1,400 stimulus check?

Well, once the house passes it, it will be sent to the president to sign it into the legislation.

While we don’t have an exact date, President Biden said on Saturday that the Senate passage of his $1.9 trillion COVID relief package means the $1,400 direct payments for most Americans can begin going out later this month.

Yes, that means that within the next few weeks we can begin seeing payments sent.

As with previous stimulus checks, many will receive direct payments to their bank accounts while others may receive checks via mail or via a pre-paid debit card.

So, how much can you expect?

As part of the legislation, individuals who make less than $75,000 or heads of households who make up to $112,500 will qualify for the $1,400 payments. Couples who make less than $150,000 will get $2,800.

• Individuals who make between $75,000 and $80,000 and couples who earn between $150,000 and $160,000 will receive a reduced payment.
• Parents who qualify will get an additional $1,400 for every child claimed on their most recent tax returns.

How to avoid a delay in payment:

• Make sure your 2019 or 2020 taxes are filed (which ever year you made less, is the year you want filed for the max stimulus check)
• Do not change bank accounts in the middle of this because the payment will default to the same account your tax refund is sent to