General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe list of those who won't get a $1,200 aid check is growing and includes some surprising groups
The Trump administration is requiring Americans who receive Social Security to file a tax return to receive their $1,200 economic stimulus payment, an added step that is causing confusion and could prevent millions from easy access to relief.
Many lawmakers and advocates for the poor say filing a tax return shouldnt be necessary for people on Social Security because the government already knows how to send this population monthly checks. The $2.2 trillion aid legislation, passed in response to the coronavirus pandemic, said that if someone has not filed a 2019 or 2018 tax return, the U.S. Treasury should get their information from Social Security, if applicable.
But the Internal Revenue Service posted a notice on its website on Monday instructing Social Security recipients to file a simple tax return, which will be available soon.
People who typically do not file a tax return will need to file a simple tax return to receive an economic impact payment," the IRS said. Low-income taxpayers, senior citizens, Social Security recipients, some veterans and individuals with disabilities who are otherwise not required to file a tax return will not owe tax.
A request to the Treasury Department for comment about the discrepancy was not returned. Democrats are upset that the Trump administration isnt doing more to help ensure that as many Americans as possible get these payments during this national health emergency.
https://www.msn.com/en-us/money/markets/the-list-of-those-who-wont-get-a-dollar1200-aid-check-is-growing-and-includes-some-surprising-groups/ar-BB121Kx7?li=BBnbfcL
highplainsdem
(49,004 posts)Social Security Recipients Will Automatically Receive Economic Impact Payments
April 1, 2020
WASHINGTON The U.S. Department of the Treasury and the Internal Revenue Service today announced that Social Security beneficiaries who are not typically required to file tax returns will not need to file an abbreviated tax return to receive an Economic Impact Payment. Instead, payments will be automatically deposited into their bank accounts.
Social Security recipients who are not typically required to file a tax return do not to need take an action, and will receive their payment directly to their bank account, said Secretary Steven T. Mnuchin.
The IRS will use the information on the Form SSA-1099 and Form RRB-1099 to generate $1,200 Economic Impact Payments to Social Security recipients who did not file tax returns in 2018 or 2019. Recipients will receive these payments as a direct deposit or by paper check, just as they would normally receive their benefits.
####
TruckFump
(5,812 posts)...look at IRS Form 1040-SR. Its a short form for Seniors.