Social Security Recipients Will Automatically Receive Economic Impact Payments

DO YOU QUALITY FOR THE STIMULUS CHECK_

Social Security Recipients Will Automatically Receive Economic Impact Payments

The Treasury Department and IRS have reversed course and recipients of a Form SSA-1099 or RRB-1099 do not need to file a tax return in order to receive their Economic Impact Payment . Treasury announced last night that it has determined that it will follow the guidelines in the law and use its authority to issue the checks based on the information that Social Security and the Railroad Retirement Board provide. https://home.treasury.gov/news/press-releases/sm967

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.

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: