Stimulus checks are coming. How much will you get and when?

President Trump signed a $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. As with the previous round of coronavirus stimulus checks under the CARES Act, you are likely to see the money quickly if the IRS has your direct deposit information on file. Treasury Secretary Steven T. Mnuchin posted on Twitter on Tuesday that “payments may begin to arrive in some accounts by direct deposit as early as tonight and will continue into next week.” He said that paper checks would go out by mail starting Wednesday, and people will soon be able to check the status of their payment on the IRS website..@USTreasury has delivered a payment file to the @FederalReserve for Americans’ Economic Impact Payments. These payments may begin to arrive in some accounts by direct deposit as early as tonight and will continue into next week — Steven Mnuchin December 29, 2020 Paper checks will begin to be mailed tomorrow. A day after Congress overwhelmingly approved the package on Dec. 21, President Trump called the measure a “disgrace” and, among other requests, called on Congress to increase checks from $600 to $2,000.