Image of a stimulus check distributed by the Treasury in conjunction with the IRS.
Photo: Chip Somodevilla / Getty Images
The IRS has an update for people who are eager to receive their third federal stimulus check: more payments will arrive on March 24th.
The tax agency did not say how many payments from the third stimulus check plans to broadcast on Wednesday.
In the past week, the IRS deposited about 90 million checks by direct deposit and mailed another 150,000 checks to people for whom it had no bank information.
Earlier this month, IRS and Treasury officials said they planned to send around 100 million payments within the first 10 days of distribution for the third round of stimulus payments, that were authorized under the $ 1.9 billion American Rescue Plan.
The latest round of stimulus checks will bring relief to millions of people who continue to struggle with lost income a year after the coronavirus pandemic shut down the US economy.
Some people, including those with social security or disability, have expressed concern that they have not yet received their stimulus payments, amounting to $ 1,400 for each eligible adult and dependent.
The IRS said it is “working directly” with the Social Security Administration, the Railroad Retirement Board and the Veterans Administration to get up-to-date information for people who receive benefits from those agencies, but it did not provide details on when the payments might arrive.
“More information on when these payments will be made will be provided on IRS.gov as soon as it becomes available,” the IRS said in a statement Monday.
In the meantime, Older Americans are asking lawmakers about the backlog, and some say on social media that they feel their needs and concerns are being ignored.
Why haven’t most people on Social Security received their $ 1400 stimulus money?
Their is no set date to advise us, the IRS website keeps saying “there is no additional information at this time”
Those on Social Security as their only source of income are in dire need. PLEASE HELP
– Bruno Hugo (@ BHPIII13) March 22, 2021
In its statement, the IRS said that more stimulus payments began processing on Friday, but that the official payment date will be Wednesday, March 24.
Some people may see payments on their accounts earlier, showing up as provisional or pending payments.
With information from CBS News