NBC News: “The memo says that Americans who have their direct deposit information on file will receive their payments in mid-April, ‘likely’ the week of April 13. The document estimates that about 60 million Americans will receive checks at that point.”
“About three weeks after those deposits go out, the IRS will start issuing paper checks, likely the week of May 4, according to the memo. The office that issues paper checks can process about 5 million checks per week, so it could take 20 weeks – nearly 5 months – to get them all out.”
