The second stimulus check started hitting bank accounts last week.
That means many people who have direct deposit are waking up to find an extra $600 in their bank accounts if they’re single or $1,200 if they’re married, plus a $600 coronavirus credit for each dependent child 16 or younger.
But what if your second check hasn’t arrived? There’s a new way to find out when it’s coming.
Where’s My Second Stimulus Check?
The IRS released an updated version of the Get My Payment application on its website Monday, Jan. 4, that allows you to track your second stimulus check. You can use it on your computer, phone or tablet.
Click on the link, and then click the blue “Get My Payment” button. Don’t be surprised if you have to wait a couple minutes to get through. This corner of IRS.gov is getting a lot of traffic right now, because people really want to know when they’re getting their $600 stimulus check. When you do get through, you’ll get a warning that the system is for authorized use only. Click “OK.”
Next you’ll need to enter your Social Security number or Individual Tax ID number, date of birth, street address and ZIP code.
Once you submit your information, the website will tell you the date your payment is scheduled to be made and whether it will be by check or direct deposit. If it’s scheduled for direct deposit, it will tell you the last four numbers of the bank account it will be deposited into.
You can also use the tool to provide your bank account and routing numbers. If the IRS can’t pay you via direct deposit, you’ll get one via paper check or prepaid debit card. The first paper checks were sent last Wednesday, Dec. 30.
What if Something Is Wrong With My Payment?
What if you haven’t gotten the payment that should have been deposited already? Or what if your payment isn’t scheduled, or the wrong amount has been deposited? Check this FAQ page, but don’t bother trying to call the IRS right now.
If your payment hasn’t been made by Jan. 15, you’ll need to submit a tax return and get it in the form of a rebate recovery credit. The same applies if you were eligible for the first round of checks but didn’t received one, or if you got the wrong amount.
Your coronavirus stimulus check is not taxable — so however you plan to spend that money, just know that you don’t need to save any of it for Uncle Sam.
Robin Hartill is a senior editor at The Penny Hoarder and a certified financial planner. She writes the Dear Penny personal finance advice column. Send your tricky money questions to [email protected].