Stimulus money could already be in your bank account, according to the government’s top money man.
Treasury Secretary Steve Mnuchin tweeted on Tuesday evening the department “has delivered a payment file to the Federal Reserve for Americans’ Economic Impact Payments.” His tweet continued: “These payments may begin to arrive in some accounts by direct deposit as early as tonight and will continue into next week.”
Americans who have direct deposit set up through the Internal Revenue Service could be receiving their stimulus payment as early as Tuesday night. Paper checks will begin to be mailed Wednesday, according to a press release from the Treasury Department.
The new round of stimulus includes $600 direct payment to individual Americans who earned up to $75,000 in 2019, or $1,200 for couples filing jointly who made up to $150,000. This current round provides $600 per child.