If you haven’t already, it’s time to start thinking about your next stimulus check move. We recommend that you take advantage of your stimulus check as soon as possible. The amount could be up to $1,400 per member of your household, assuming it’s safe to use your IRS data.
For example, if you’re single and have no children, your check could be $500. If you are married and have two kids, it might be $1,000.*
But what is the next stimulus check? And how much will my stimulus check be? Well, here’s everything we know about the next round of payments so far.
The amount could be up to $1,400 per member of your household, assuming it’s safe to use your IRS data.
Stimulus Check: How Much Money Left?
This is just an estimate based on how many people have already received checks. There are a few things that could affect the outcome:
- You may not qualify for a stimulus check if you already got one in 2019.
- Don’t expect anything until after October 31, 2020—that’s when the government plans to mail out all its remaining payments from this program (if there are any left)
The next stimulus check is a one-time payment that will be sent to millions of Americans. It’s a tax credit and it’s for people who have been out of work for a long time.
It isn’t clear how much the next stimulus check will be worth, but it’s likely to be around $300 or $600 per person. The exact amount depends on how many days an individual has been unemployed in 2019, 2020 or 2021—the years when they can file their taxes based on those deductions.
If you’re one of the millions of Americans who received a stimulus check starting in May, then you can breathe a sigh of relief. Your money is finally here! As of October 24, the government has officially begun depositing those much-anticipated checks into bank accounts across the country.
The good news is that your stimulus check will be deposited on either October 29 or October 30 (depending on which day is closer). The bad news: There’s no way to know how much it’ll be exactly until after it’s been deposited. But as far as we know from what Treasury Secretary Jack Lew said at an event over this past weekend, most people should expect to receive around $600 for their efforts during the financial crisis; some will get more than that depending on how long they were out of work and how many dependents they have.
To claim your share of this decade-long windfall, simply go online and log in using BankID or NetID credentials (if applicable) within three business days after receiving confirmation from your bank that they received their allotment. Then voila! It’ll show up in your account within seven business days after that—and don’t forget: This money has nothing whatsoever to do with any recent political scandal!
