The Senate is working on the $,1,400 checks - and making changes (Here is how the three stimulus checks compare too.) This story is updated frequently with the latest information. We'll tell you everything you need to know about how some rules have changed (around garnishment, for example) and when it's time to file a payment trace for your missing stimulus money.
To help make sense of it all, we look at key stimulus check details as the payments head toward approval. Here's more on how the IRS sending a third check during tax time could affect you.
STIMULUS BILL UPDATE FULL
The IRS, which already has a full plate with the start of tax season, is processing claims for stimulus money owed from the first and second checks via a rebate credit on this year's federal tax forms. And to make things even more confusing, it's now tax season, which this year is connected to your payment. The Senate has already proposed a significant change for the direct payment that's part of the $1.9 trillion bill and it could make more during an hours-long amendment process in the next few days where any Senator can propose changes to the relief bill.Įven before the proposed change to the check requirements, there was a lot to keep track of around the payment. But that doesn't mean everything around the next round of payments - including who would qualify and how much you could expect to receive- is set in stone.
The third stimulus check looks to be on track for approval by Congress in the next few weeks.
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