Second batch of stimulus payments to go out this week

Photo (c) Bill Oxford - Getty Images

Government agencies say this round includes a ‘large number’ of mailed paper checks and prepaid debit cards

More consumers will see $1,400 stimulus payments from the government in their bank accounts or mailboxes on Wednesday, March 24. 

The second batch of stimulus payments began processing on Friday and will hit the bank accounts of taxpayers who haven’t yet received their money from the government on Wednesday or even earlier, the Treasury Department, IRS, and Bureau of the Fiscal Service announced on Monday. 

The agencies said the second disbursement round includes a “large number” of mailed paper checks and prepaid debit cards. Consumers who don’t receive a March 24 payment by direct deposit can expect to receive a mailed payment in the coming weeks. 

Coronavirus stimulus payments

Many Americans have already received the stimulus payments authorized by Congress and President Joe Biden earlier this month. The first batch of payments included about 90 million payments that totaled more than $242 billion. 

Eligible taxpayers are entitled to at least $1,400 per person, plus $1,400 per child and adult dependent.

“The IRS continues to send the third round of stimulus payments in record time,” IRS Commissioner Chuck Rettig said in a statement.

The IRS said consumers who haven’t received their payment shouldn’t call the agency. Instead, they should use its “Get My Payment” tool to check on the status of their payment. 

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