Us Bank Stimulus Check

President Trump signed off on a second coronavirus relief package after months of negotiation in Congress. The package includes $600 stimulus checks ($1,200 for married couples) which have already. If you’ve supplied direct deposit information to the IRS (either on your 2019 tax return or in connection with the first stimulus), your Economic Impact Payment will be deposited directly into the bank account reflected on your tax return by mid-January, 2021. If you haven’t supplied direct deposit info to the IRS, a paper stimulus check or prepaid EIP card will be mailed to you. Jan 06, 2021 The checks will amount to $600 for each qualifying adult and child — half the amount of the $1,200 checks sent out earlier this year. The $600 per-person payments are part of the stimulus bill. A $1,400 stimulus check got one step closer to your bank account Friday. How you can save $1 million for retirement How much the most populous states pay mail carriers Creepy ways your company can.

So while many people began receiving the second stimulus payments in their bank accounts Monday, others only saw red. Some $600 payments apparently are going into the wrong bank accounts.

After days of will-he-or-won’t-he turmoil, President Trump signed the $900 billion COVID-19 relief bill Sunday evening. Now, $600 stimulus checks will begin to be deposited into Americans’ bank accounts on Tuesday night, and physical checks will be mailed Wednesday, according to Treasury Secretary Steve Mnuchin.

The president previously said—after the relief bill had been passed—that he would veto any bill that did not include a $2,000 check for individual Americans. The resulting delay threatened a lapse in unemployment benefits, while endangering nearly $1 trillion in aid; it also put the government at risk of shutting down, since the relief was tied to a measure to fund the government through September.

Secretary Mnuchin, House Minority Leader Kevin McCarthy and Sen. Lindsey Graham worked together to get the president to acquiesce and sign the bill, according to Axios. Eventually, they convinced him that he would be able to play the bill as a win.

Mnuchin said on Twitter Tuesday evening that the Treasury had delivered a payment file to the Federal Reserve, and that payments would begin to arrive in some accounts by direct deposit as early as tonight and would continue into next week. Paper checks will be mailed starting tomorrow, Mnuchin added.

“Treasury and the IRS are working with unprecedented speed to issue a second round of Economic Impact Payments to eligible Americans and their families,” said Mnuchin in a separate statement. “These payments are an integral part of our commitment to providing vital additional economic relief to the American people during this unprecedented time.”

Individuals will receive an Economic Impact Payment of up to $600, or $1200 for married couples, and up to $600 for qualifying children. The payments will be sent automatically, and status updates will be available online.

The announcement comes as the Senate begins considering a separate measure to increase stimulus checks to $2,000. Trump and other GOP leaders have demanded that the Senate combine the increased-payment provision with legislation that would repeal Section 230 of the 1996 Communications Decency Act, which protects tech companies from being held liable for what users post on their platforms.

“The Senate will start the process for a vote that increases checks to $2,000, repeals Section 230, and starts an investigation into voter fraud,” the president said in an official statement Sunday.

Did Bank Of America Get Stimulus Checks

More politics coverage from Fortune:

• Why a key Georgia county flipped from red to blue—and what it means for Democrats
• Pfizer, Trump, and Biden: A twisted triangle that’s complicating COVID-19 relief
• Biden’s first 100 days: Student loan debt won’t go anywhere
• Congress COVID-19 relief bill includes $15 billion for Broadway, small music venues, movie theaters
• PPP borrowers get the tax break the IRS tried to cancel

Us Bank Stimulus Check Status

This story was originally featured on Fortune.com