General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSocial Security recipients who don't usually file tax returns will automatically get $1,200 payments
The Treasury announced late Wednesday that Social Security beneficiaries who typically do not file a tax return will automatically get the $1,200 payment.
The announcement is a reversal from earlier in the week when the Internal Revenue Service said everyone would need to file some sort of tax return in order to qualify for the payments. Democrats and some Republicans criticized the IRS for requiring so many extra hurdles for this vulnerable population to get aid when the government already has their information on file.
The reversal came as the Trump administration tries to rapidly get stimulus payments out to Americans in the face of the quickest economic decline in modern history.
Social Security recipients who are not typically required to file a tax return need to take no action, and will receive their payment directly to their bank account, said Treasury Secretary Steven T. Mnuchin.
The $2.2 trillion aid legislation, passed in response to the coronavirus pandemic, directed the Treasury to look at Americans 2019 or 2018 tax returns to determine if they are eligible for a payment. But the law also said Treasury should look at Social Security data for seniors and the disabled.
https://www.washingtonpost.com/business/2020/04/01/bailout-checks-social-security/
mr_lebowski
(33,643 posts)Amazon is going to get even more slammed than they already are.
He's going to make a killing.
Not criticizing anyone, people need stuff ...
customerserviceguy
(25,183 posts)people could pay rent, utilities, etc. I won't shop on Amazon unless I absolutely need to, and I'll spend a fair amount of time looking to buy something from an alternate source.
BigMin28
(1,177 posts)But why are people on SS getting a check, and people who have been looking for a job for quite some time not getting anything?
RandySF
(58,929 posts)are workers earning more than $99k/year.
BigMin28
(1,177 posts)While caring for a sick parent. Have been looking for a job since the first of the year, and have been doing odd jobs to get by in the meantime. I was told if you didn't file a tax return, you get nothing. You can't file taxes on no income. Was I wrongly informed?
RandySF
(58,929 posts)Buns_of_Fire
(17,183 posts)That said, if they'd chosen to shift my portion to the "assistance" side, I'd have no problem with it -- so long as it was going to individuals and not corporations.
Rhiannon12866
(205,552 posts)BlueLucy
(1,609 posts)I know mine will be going to utilities.
Buns_of_Fire
(17,183 posts)Last edited Thu Apr 2, 2020, 04:57 AM - Edit history (1)
Yes. The IRS will use the information on the Form SSA-1099 or Form RRB-1099 to generate Economic Impact Payments to recipients of benefits reflected in the Form SSA-1099 or Form RRB-1099 who are not required to file a tax return and did not file a return for 2019 or 2019. This includes senior citizens, Social Security recipients and railroad retirees who are not otherwise required to file a tax return.
Since the IRS would not have information regarding any dependents for these people, each person would receive $1,200 per person, without the additional amount for any dependents at this time.
https://www.irs.gov/newsroom/economic-impact-payments-what-you-need-to-know