GREENSBORO, N.C. — You're waiting and you're watching your account, hoping the next time you open up your banking app, the stimulus money is there.
When it does show up, USA TODAY confirms you will see it called...
IRS TREAS 310
Don't expect to see words like “stimulus” or “recovery” or “economic impact."
FIRST WAVE OF PAYMENTS
By April 15th, it's estimated 80-million people will have theirstimulus moneyin their account. Who are the first to get it? Folks who have their direct deposit information already on file with the IRS.
SECOND WAVE OF PAYMENTS
The next wave of payments will most likely be in the next 2 weeks and will include social security beneficiaries (that includes SS, SSI, and disability) who receive their benefits by direct deposit.
THIRD WAVE OF PAYMENTS
And finally, paper checks will start going out in early May. That process could take 20 weeks in total. The IRS estimates it can process 5 million checks a week.