
The first coronavirus checks are going out this week.
Angela Lang/CNET
For tens of millions of US residents who’ve set up direct deposit with the government, the IRS and Treasury Department this week began depositing the first stimulus checks of up to $1,200 into bank accounts. Up to 150 million residents may qualify for the coronavirus payment, so it could take time for you to receive the money. These one-time stimulus payments are part of a $2 trillion 2020 coronavirus relief package intended to help you cover…