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left-of-center2012

(34,195 posts)
Thu Apr 2, 2020, 04:53 PM Apr 2020

Social Security recipients to get relief payments directly to bank account without filing tax return

Bowing to pressure, the Internal Revenue Service has announced that Social Security beneficiaries will automatically receive their $1,200 emergency assistance payments without having to file a tax return.

“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,” Treasury Secretary Steven Mnuchin announced Wednesday eveing

This announcement came after a bi-partisan group of 41 senators wrote a letter to Mnuchin on Wednesday saying they were alarmed that the “Internal Revenue Service (IRS) released contradictory guidance earlier this week stating that Social Security beneficiaries would need to file tax returns in order to receive direct payments.”

The senators called for direct payments to be processed without the requirement of filing tax returns.

https://abcnews.go.com/Politics/social-security-recipients-relief-payments-directly-bank-account/story?id=69938029&cid=clicksource_4380645_12_heads_posts_card_hed

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Social Security recipients to get relief payments directly to bank account without filing tax return (Original Post) left-of-center2012 Apr 2020 OP
And... Newest Reality Apr 2020 #1
I used free Turbotax left-of-center2012 Apr 2020 #3
Even multi - millionaire S.S. recipients? marybourg Apr 2020 #2
"Social Security recipients who are not typically required to file a tax return ..." left-of-center2012 Apr 2020 #5
Read the headline. That's all most people read marybourg Apr 2020 #7
Then they are poorly informed left-of-center2012 Apr 2020 #8
Why should SS recipients get anything more than their usual checks? elias7 Apr 2020 #4
Because it's a stimulus package. Turin_C3PO Apr 2020 #6

Newest Reality

(12,712 posts)
1. And...
Thu Apr 2, 2020, 04:58 PM
Apr 2020

For those elders who are not receiving any income or Social Security, if you try to file online just to make sure you get a check, the free, easy form sites, (even the one that links from the IRS) will tell you--after you fill everything out--that, based on your information you don't need to file a tax return and have a nice day. So, they won't let you file.

So, that route does not work. The Post Office no longer has forms, so the only places you can get them are from the IRS offices or a Public Library. I guess we have to do it the old-fashioned way and I wonder how long it will take before they even see our form?

Considering how, if you don't have a bank account you could wait up to five months to get a check now, that's real help for those in need.

left-of-center2012

(34,195 posts)
3. I used free Turbotax
Thu Apr 2, 2020, 05:36 PM
Apr 2020

It was very easy, just let them guide me through it.
At the end, it said they could not eFile my returns, but they gave me a pdf file to download and print to mail in.

I'm getting zero back from the IRS,
but $75 from the state of New Mexico.

marybourg

(12,631 posts)
2. Even multi - millionaire S.S. recipients?
Thu Apr 2, 2020, 05:02 PM
Apr 2020

I suspect it’s more nuanced than the news article is reporting. I think it means that *those S.S. recipients* who didn’t file either a 2018 or a 2019 return will get their check anyway, through their S.S. direct deposit bank.


left-of-center2012

(34,195 posts)
5. "Social Security recipients who are not typically required to file a tax return ..."
Thu Apr 2, 2020, 05:38 PM
Apr 2020

That would be low income,
not 'multi - millionaire S.S. recipients'.

elias7

(3,998 posts)
4. Why should SS recipients get anything more than their usual checks?
Thu Apr 2, 2020, 05:37 PM
Apr 2020

It is the people who have been fired or furloughed who need the money

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