Stimulus Checks Could Take Up To 20 Weeks

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The IRS will likely start issuing coronavirus relief payments to taxpayers in mid-April and begin issuing paper checks several weeks later, and it could take up to 20 weeks for all of the paper checks to be issued, according to a memo prepared by the Democratic-led House Ways and Means Committee.

The memo, which is being circulated to Democratic House offices and was obtained by The Hill, outlines what Ways and Means Committee staff expect the timeline for issuing the rebates to be, based on conversations with Treasury Department and IRS officials. The memo said that this timeline is subject to change, and that the Ways and Means Committee is working to ensure that Americans receive their rebates as soon as possible.

The coronavirus relief bill that President Trump signed into law last week created a program for one-time, direct payments of up to $1,200 per adult and $500 per child. The payments are designed to help people who are struggling as a result of the pandemic have more cash flow to cover their expenses.

Read more at thehill.com

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Chuck comes from a lineage of journalism. He has written for some of the webs most popular news sites. He enjoys spending time outdoors, bull riding, and collecting old vinyl records. Roll Tide!

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