Coronavirus stimulus checks could reportedly begin arriving as soon as next week.

According to various sources, the IRS has sped up its process and says it is now aiming for “early next week” for direct deposit checks.  Meanwhile, paper checks for those who do not have an address on file with the IRS will start going out April 20th.

Stimulus checks, which are designed to cushion the blow from job and income loss from the coronavirus pandemic, were originally set to start being deposited by April 15th.

The coronavirus stimulus provides $1,200 for individuals earning up to $75,000 and a total of $2,400 for married couples filing jointly who earn up to $150,000.

Recipients who earn more than those amounts will have their payments reduced by $5 for each $100,000 above the income threshold.  Single filers who earn more than $99,000 and joint filers who earn more than $198,000 are not eligible. The stimulus also provides $500 for each qualifying child.

Amounts are based on 2019 or 2018 tax returns.

(AL.COM/www.al.com)