It takes some time for details to be ironed out. Here is some available information:
The IRS bases the third round of checks off tax returns from 2020 or 2019, whichever is more recent. In the coming weeks, more batches of payments will be sent via direct deposit and through the mail as a check or debit card, according to the agency.
Those awaiting the arrival of the third stimulus payment, which the IRS began processing and depositing Friday, can now track its status on the Internal Revenue Service’s (IRS) website.
Like the other two stimulus payments, you can track the status of yours using the IRS’s Get My Payment tool. The tool is now live for the American Rescue Plan (ARP) payments.
Those with direct deposit set up with the IRS will receive their payments first. After those deposits, the IRS will mail paper checks and pre-paid debit cards to everyone else who qualifies. The Get My Payment tool will tell users what type of payment they can expect.
