According to the Internal Revenue Service, there is indeed life after this current third round of $1,400 coronavirus stimulus checks—and the next payment will come in the form of tax refunds from 2020 unemployment benefits.

This newest cash windfall was green-lighted via President Joe Biden’s American Rescue Plan, which was able to waive federal tax on up to $10,200 of unemployment benefits, or $20,400 for married couples filing jointly, that were collected last year.

Unemployment benefits are typically treated as taxable income, according to the IRS. Keep in mind, though, that American households with $150,000 or more in earned income are ineligible for the new benefits.

The IRS has stated that the first of these refund checks are expected to be sent out some time this month and will continue throughout the summer. As of this week, the agency has yet to provide an exact timeline.

According to a recent Treasury report, approximately 7.3 million tax returns processed by the IRS appear to qualify for these new tax refunds.

“Of the 7.4 million tax returns, nearly 7.3 million—or 98.6 percent—had modified adjusted gross income of less than $150,000 and would likely qualify for the exclusion,” the report wrote.

The agency has confirmed that it will issue the refunds automatically to U.S. taxpayers who qualify.

“Because the change occurred after some people filed their taxes, the IRS will take steps in the spring and summer to make the appropriate change to their return, which may result in a refund,” the IRS stated.

“Any resulting overpayment of tax will be either refunded or applied to other outstanding taxes owed,” it added.

The agency has also suggested that married couples who file a joint tax return may have to wait longer than individual taxpayers to get their hands on the refund.

According to IRS officials, this is largely because of the higher complexity of calculating their refunds. The agency is slated to disburse the refunds in two phases—and currently, it appears likely that most married couples who filed jointly will be part of the second phase.

There is no official word yet on when the second phase will start.

The struggles of the IRS not being able to quickly process returns this tax season has been well documented in recent weeks. There have been reports that the average wait time for a refund has ranged from six to eight weeks—far longer than the typical wait of three weeks or less.

As of April 30, the IRS received nearly 121.2 million tax returns and processed 110.3 million of them. More than eighty-one million tax refunds have been issued, with the average amount being $2,865.

Ethen Kim Lieser is a Minneapolis-based Science and Tech Editor who has held posts at Google, The Korea Herald, Lincoln Journal Star, AsianWeek, and Arirang TV. Follow or contact him on LinkedIn.