Fourth stimulus check: How likely it is this year?

Fourth stimulus check: How likely it is this year?

Will There Be a Fourth Stimulus Check? Many people have yet to receive their third stimulus check, but may be concerned that another stimulus check will be issued.

The IRS has not finished sending out the third stimulus check, worth up to $1,400 per person. Meanwhile, many members of Congress have expressed support for more stimulus in the form of fourth stimulus checks and regular direct payments.

More than 50 progressive House Democrats sent a letter to the Biden administration in January supporting adding recurring direct payments to the $1.9 trillion American Rescue Plan. As you know, that did not happen, but discussions on a monthly stimulus package have resumed.

Last month, another group of Democratic senators urged President Biden on the need for more stimulus. According to the Washington Post, the latest letter calls for "regular" payments. [The group includes Senators Elizabeth Warren and Bernie Sanders.

The White House has not responded to the renewed support for the stimulus, and the general sentiment is that a fourth stimulus is unlikely. Economists suggest that we are getting over the worst financial difficulties caused by the pandemic, although similar things were said before the second stimulus package was passed.

If you think your stimulus check is missing, visit the IRS Get My Payment tool and try to guess when your check will arrive. You can also call the IRS stimulus check phone number and ask for help with the status of your payment.

According to the IRS, taxpayers whose direct deposit information is on file should have received payment in their bank accounts in late March. Those waiting with paper checks or debit cards will likely receive their stimulus payments paid within a few weeks.

If you have not yet received your check, use the Stimulus Check Calculator Guide to find out how much you are eligible to receive. There is nothing wrong with comparing the amount in the calculator to the actual payment amount to ensure that the proper payment was made.

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