WASHINGTON—Another round of stimulus checks is almost certain to happen now that the Senate has approved President Biden’s coronavirus relief legislation.
A House vote is expected Tuesday, to be followed shortly afterward by Mr. Biden’s signature. Here are the details on this third round of direct stimulus payments to households, which at more than $400 billion total is the largest set yet:
When are the payments coming?
Mr. Biden said Saturday that the checks would start coming this month. The Internal Revenue Service will likely provide more details once Mr. Biden’s signature turns the bill into a law.
The IRS has recent experience sending out payments, and that is a good guide for what to expect now. Last year, when former President Donald Trump signed the first big relief bill in March, the bulk of direct deposits arrived within about two weeks. The second round of payments, approved in December, hit bank accounts within a few days after Mr. Trump signed them into law.
How big are the payments?
The latest payments are $1,400 per household member, including adults, children and adult dependents such as college students and elderly relatives. Adult dependents were ineligible for prior rounds of payments.
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