Some Americans might have received another round of direct stimulus payments Tuesday night, Treasury Secretary Steven Mnuchin said.
The Treasury Department delivered a payment file to the Federal Reserve for the economic payments, Mnuchin tweeted.
“These payments may begin to arrive in some accounts by direct deposit as early as tonight and will continue into next week,” Mnuchin wrote Tuesday.
Paper checks will be distributed beginning Wednesday, according to Mnuchin.
“Paper checks will begin to be mailed tomorrow. Later this week, you can check the status of your payment at http://IRS.gov/GetMyPayment,” he wrote.
President Donald Trump signed the $2.3 trillion spending bill Sunday — despite his own late objections — that funds the government and includes $900 billion in stimulus provisions for struggling households and businesses.
The measure comes amid sky-high COVID-19 cases and deaths and is meant to support the economy as the coronavirus vaccine rollout continues.
The new law provides a variety of economic boosts, including expanded unemployment benefits, rental aid and forgivable loans to small businesses.
In this round, checks start at $600 and go down from there, based on the same income thresholds as under the CARES Act.
People who file their tax returns individually and have adjusted gross income of up to $75,000 will get $600, with the amount gradually reduced for individuals who earn more.
The threshold for a full $600 payment is set at $112,500 for an individual filing as a head of household. Joint filers who earn up to $150,000 in combined adjusted gross income would get $1,200.
Children are also eligible for the money, meaning a family of four could receive $2,400.
The Democratic-controlled House of Representatives voted Monday to boost payments to $2,000, but such a change would also need to clear the GOP-controlled Senate.
Tribune News Service contributed to this report.
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