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First Round of Coronavirus Stimulus Checks on the Way

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SAN FRANCISCO – The first wave of Americans will receive stimulus payouts starting today, according to an internal plan circulated by IRS Treasury Secretary Steven Mnuchin, The Washington Post reports.
Those who will be receiving this first round of payouts are those who have already given their bank account information to the IRS as well as Social Security beneficiaries who filed a federal tax return with direct deposit information.
The next phase of checks will be paid no later than the week of April 20, the Post reports.
The third and final round of payouts will be paid through checks and will be mailed at a date that is yet to be determined.
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