The next batch of direct payments from the $1.9 trillion COVID-19 relief package will be sent this week, and Americans who don’t receive a direct deposit by March 24 will get the money via a check or a prepaid debit card in the mail, the Treasury Department announced in an update Monday.
The big picture: Some people will see the money in their accounts earlier, either as a provisional or pending deposit. The Treasury said last Wednesday it had sent $242 billion worth of payments to 90 million Americans.
- The payments are the largest economic relief check disbursement yet. Individuals making less than $75,000 and married couples jointly making less than $150,000 should expect to receive $1,400 and $2,800, respectively.
- Use the IRS "Get my Payment" tool to find out more information