President Biden signed the $1.9 trillion American Rescue Plan on Thursday, 11th of March. This plan includes the $1400 stimulus checks to he paid to eligible Americans. Jen Paski, the White House Press Secretary disclosed that the stimulus payments would be made into people's accounts from this weekend and will continue for several weeks. 

The IRS will start processing and putting in the bank the third stimulus payments on Friday. The official date for payments confirmed by the IRS is the 17th of March. But the precise date will differ based on the date your bank begins processing the checks. 

Eligibility

Certain boundaries should not be surpassed to qualify for the stimulus checks. People with an Adjusted Gross Income (AGI) up to $75,000 and married couples with AGI of $150,000 get the full stimulus. Married couples are eligible for $2800, head of household filers with AGI up to $112,500 and qualifying individuals will receive $1400. Qualified dependents like 17-year-olds, elderly adults, and those who are disabled are qualified to receive the stimulus $1400 checks. 

  How to track your stimulus checks

The IRS's Get My Payment tool can be used to obtain live tracking information for the $1400 stimulus. In a process identical to the previous two rounds of payments, you can use this tool to know when your payments will be in your bank account. There are four requirements you need to have to be able to track your payment status. 

First, you need to produce your Social Security number (SSN) or the Individual Tax Identification Number (ITIN). The second step requires your date of birth and the final two are for street address and zip code respectively. Once all these fields are completed, a screen with your payment status will come up and inform you about your payment deposit and the bank account it will be sent to.