Ever since President Trump signed the $2 trillion dollar coronavirus relief package, many Americans have been anxious to know when they will see the money. According to Trump administration, the first Americans aren’t expected to get the relief payment from the government until at least April 13.
If you do not have direct deposit information on file with the IRS, then it could be months before you even get your money. Those who do have their direct deposit information on file will receive their payments mid-April. About 60 million Americans will receive checks around that time, according to documents obtained by NBC.
After three weeks from when the direct deposits go out, the IRS will begin issuing paper checks around May 4. The office that is in charge of issuing paper checks can process about 5 million checks per week, so this could take anywhere between 20 weeks to 5 months to issue them all.
Paper checks will be issued to the lowest income Americans first. Those who receive social security won’t have to do anything to receive their payments, they will receive them the same way they receive their social security checks.