Post by Drifter on Apr 1, 2020 16:08:47 GMT -5
The list of those who won’t get a $1,200 stimulus check is growing — and includes some surprising groups
Americans on Social Security now have to file a tax return to receive a stimulus check. Most high school seniors and college students won’t get any money at all.
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 shouldn’t 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 who do not normally send in a return 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.”
Read more HERE
Americans on Social Security now have to file a tax return to receive a stimulus check. Most high school seniors and college students won’t get any money at all.
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 shouldn’t 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 who do not normally send in a return 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.”
Read more HERE
