Social Security recipients who have dependant children living with them need to file

[totodeinhere]

a simplified income tax form in order to get paid $500 for each child living with them. This would apply to a lot of grandparents who have grandchildren living with them. If you are on SS and do not have dependents living with you then you probably don't have to do anything to get your payment.

[Cha]

1. "..probably.."? I hope not.. cause I haven't done

anything.

Thanks for the PSA.

[Celerity]

6. here is the IRS non-filers link

https://www.irs.gov/coronavirus/non-filers-enter-payment-info-here

[Cha]

12. Great.. no further steps for me. It's a definite..

Mahalo, Celerity~StaySafe!

https://www.irs.gov/coronavirus/non-filers-enter-payment-info-here

[Celerity]

14. you too!

[at140]

2. Keep in mind all these stimulus checks are taxable income for tax year 2020

so plan accordingly for filing taxes in 2021 for tax year 2020.

[totodeinhere]

3. That is incorrect.

This money will not be taxable.

https://www.forbes.com/sites/kellyphillipserb/2020/03/25/all-you-wanted-to-know-about-those-tax-stimulus-checks-but-were-afraid-to-ask/#571410cc1f9c

[at140]

5. WOW It was taxable last time we got stimulus money.

Thanks for the link...I will read it now.

[Control-Z]

7. When did you get stimulus money in the past?

I don't remember that ever happening before now.

[2naSalit]

9. I think that was the

puny little pittance of a tax break W gave us once upon a time, all that was taxable. Seemed like everything that you touched was taxable with that regime.

Was there some kind of check when Obama administered the Stimulus? I don't even remember back that far.

[at140]

10. That's it...it was many moons ago, I spent it all, then found out it was taxable!

[Cha]

13. Nope.. don't have to keep it in mind.. it's "free money".

[at140]

16. Yeah just found that out. Last stimulus check was taxable! (Bush? been a while)

I am going to spend it all and stock up my liquor cabinet haha.

[Quackers]

4. Here's my situation

I receive SSDI. My wife and two of our kids receive a SSDI stipend payment because of my disability. All four payments are direct deposited. We have no other income. I know I don’t need to do anything. Does my wife need to file taxes? Do we file on the kids?

[at140]

8. Might clear things up by filing an information return

IRS portal for non-filers: https://www.irs.gov/coronavirus/non-filers-enter-payment-info-here

[stopbush]

15. Age 17 and under only qualify for the $500.