Officials at the Treasury Department and Internal Revenue Service said Friday, March 12, 2021 that processing the new round of stimulus payments has already begun, with the aim of having the first payments start showing up in bank accounts this weekend.
(AP Photo/Matt Rourke, File)The second batch of COVID-19 stimulus checks will be issued this week, the Biden administration announced Monday.
The payments of up to $1,400 per person began disbursement earlier this month after President Biden signed the $1.9 trillion Covid relief bill into law.
Families will receive an additional $1,400 per dependent, so a couple with two children could receive up to $5,600.
Unlike prior rounds, families will now receive the additional money for adult dependents over the age of 17.