AMERICANS have a year to cash in their stimulus checks before the relief cash payment expires.

Many people received a direct deposit into their bank accounts after President Joe Biden signed the Covid-19 relief bill into law on March 11.

However, if the Internal Revenue Service (IRS) doesn't have your banking information, you could receive the money as a check.

Like all US Treasury checks, you will have exactly one year to cash in the payment.

Thankfully, if you somehow miss this deadline, it's possible to get a replacement for a check that has expired.

You can ask for a payment trace if you think your stimulus check was destroyed, lost, or stolen.

Alternatively, people can request a replacement for a lost EIP card.

The IRS has delivered more than 130 million payments which amounts to around $335 billion.

People who are getting federal benefits are next in line to get their payments.

Around 30 million struggling Americans who rely on Supplemental Security Income (SSI) were left waiting.

The IRS confirmed that millions are now set to receive stimulus checks by tomorrow, Wednesday, April 7, however.

Starting last Friday, the government agency began processing payments to federal beneficiaries who didn't file a 2020 or 2019 tax return and didn't use the IRS' non-filers tool last year.

The payments will go to Social Security retirement, survivor or disability, Supplementary Security Income and Railroad Retirement Board beneficiaries.

Overall, the latest batch of checks will include four million payments with a total value exceeding $10 billion.

However, if you are one of the hard-hit Americans who haven't received the vital payment, don't contact the IRS.

The first port of call should be to check the IRS Get My Payment tool – especially it if's to find out where your cash is.

If you fill out tax returns or receive government benefits, you should automatically receive a stimulus check.

The IRS' non-filers tool is now closed however, so you should submit a 2020 tax return as soon as possible and note the number of dependents you can claim.

The third round of checks is also subject to being seized by private debt collectors – so if yours hasn't arrived check with your bank about this.

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