Update: a friend made the point doing a second stimulus package could crash the economy, considering he was for the first one, I think he has a good point.
I saw this earlier today on YouTube – STIMULUS CHECKS: PLANS FOR ROUND TWO – YouTube Video Devin Caroll: https://www.youtube.com/watch?v=tlKa1Gy5SHY (around 4:17 minutes long).
Too early to guess what shape round 2 will take, how much each person will qualify for, or how long before it gets sent out. No telling how Congress will come together on putting together a timely yet relevant round 2. I found this on Forbes yesterday – https://www.forbes.com/sites/sarahhansen/2020/04/06/more-coronavirus-relief-could-be-on-the-way-including-a-second-round-of-stimulus-checks-goldman-sachs-predicts/#36ad2aeb46b1.
For those following round 1 rebate updates, no definitive word on when round 1 direct deposits will start showing up. Seen too many claims by anonymous IRS contacts who say by the end of this week. Personally, I think anyone hiding behind the anonymous IRS contact screen need to announce who they are or stop saying anything. No word from the IRS on its website, other than sometime in April as a projected date for direct deposits, paper checks may take longer: https://www.irs.gov/coronavirus-tax-relief-and-economic-impact-payments (“We will start sending payments to most Americans in April.”) which makes me suspicious of anonymous claims by IRS contacts who are either not IRS employees, or on the off-chance they are IRS employees, they are not following IRS guidelines by sharing information through unofficial channels.
When I worked for the IRS years ago, I was told only trust information from the IRS, not from media sources, anonymous IRS employees, etc. If questioned by taxpayers, I was to refer the person to the right person in the state who was the spokesperson for the agency, or refer them to the IRS website.