Third Stimulus Check: Everything to Know About Another Payment Under the Biden Administration

The Proposed $2,000 Checks Will Possibly be $1,400

Because the last Congress ended without approving the $2,000 stimulus as opposed to the $600 checks being delivered now, the next chance to pass another stimulus will come after Joe Biden is inaugurated as the next US President on Jan. 2020.

Biden has introduced the blueprint for his administration's trillion-dollar Coronavirus relief package, and has backed the push for a $1,400 third stimulus check per adult. However, the proposal doesn't guarantee that this will be the amount people receive. Congress will also have to decide if there will be different qualifications.

Your Stimulus Check Won't Be Seized to Pay Debts or Rent

Unlike the first round of stimulus checks that were sent out, the second check won't be able to be seized for debt payments and rent. It's likely the third check would follow the same precedent. The payments are safe from bank garnishment and from private creditors or debt collectors.

New Qualifications

With the third round of checks, come a few more qualification rules. While most of them are pretty cut and dry, things can get confusing for those who have dependents since they may receive more money in the deal –– but overall, qualifications have been expanded to cover more people.

The third payment would extend qualifications to dependents of any age. That includes college students, older adult relatives, and children of all ages with disabilities. Under the March CARES Act, all US citizens and non-US citizens with a social security card can receive a stimulus payment. This also includes workers using Visas, green card holders, and those the IRS refers to as "resident aliens." According to Biden's $1,400 stimulus check package, those with mixed-status families are also eligible. With the new payment amount, more people would be eligible for a partial check.

What Possibly Stands in the Way of a Third Check?

After the proposed $2,000 check was introduced to Congress and Biden previously stood by the amount, the lesser number has some Democrats like Alexandria Ocasio-Cortez pushing for higher amounts. "$2,000 means $2,000. $2,000 does not mean $1,400,″ Alexandria Ocasio-Cortez said Thursday to The Washington Post.

Some Democrats want to tighten the amount of financial aid given as well as prioritize other opportunities of aid. "How is the money that we invest now going to help us best to get jobs back and get people employed? And I can't tell you that sending another check out is gonna do that to a person that's already got a check," Senator Joe Manchin told the Post Jan. 8.

How to Track Your Stimulus Payment

There are two ways to track your stimulus payment. It can be done either through the IRS' Get My Payment tool on its website (which can show if there's an issue holding up your payment) or people who are getting physical checks or EIP cards, is to sign up for a free USPS service that scans your mail and lets you know when it's coming.