No, stimulus payments are not being processed by the IRS yet. According to reporting by the Washington Post, Americans with the lowest income will get mailed checks first, Here’s the timetable for the first checks, per IRS documents seen by the Post:
- Taxpayers with income up to $10,000: April 24
- Taxpayers with income up to $20,000: May 1
- Taxpayers with income up to $40,000: May 15
The rest of the checks will be issued by gradually increasing income increments each week. Households earning $198,000 who file jointly will get their reduced checks on Sept. 4. The last group of checks will be sent on Sept. 11 to those who didn’t have tax information on file and had to apply for checks, according to the Washington Post.