IRS Starts Processing $1,400 Stimulus Checks, Payments to Start Showing up This Weekend

President Donald Trump's name is seen on a stimulus check issued by the IRS to help combat the adverse economic effects of the COVID-19 outbreak, in San Antonio, Texas, on April 23, 2020. Eric Gay/AP Photo

The Treasury Department and the Internal Revenue Service (IRS) began processing a new wave of stimulus payments with the first checks expected to appear in bank accounts this weekend.

The $1.9 trillion stimulus package signed by President Joe Biden on Thursday includes $1,400 direct payments to qualifying individuals.