IRS releases more info on how to get coronavirus stimulus checks ASAP
Source: NBC
WASHINGTON New information from the IRS on Monday shines more light on what people can do to get the checks from the government as quickly as possible while many families worry about paying the bills and buying food during the coronavirus crisis that has cost millions of people their jobs.
For Americans eligible for stimulus cash under the new relief law, the fastest way to receive it is to make sure they've filed a tax return for 2019 or 2018 with bank information so the government can directly deposit the money.
The IRS says it will use a person's 2019 return to calculate eligibility and automatically send the money to those who qualify. If they haven't filed a 2019 return, it'll be based on the 2018 return.
Payments up to $1,200 per person, with an additional $500 per child under 17, will be made to U.S. residents with a Social Security number who earn under $75,000. The amount decreases by $5 per every $100 earned after that, zeroing out at $99,000. For married couples, the phaseout range is $150,000 to $198,000.
The IRS said Americans who weren't required to file taxes in the last two years will have to file a "simple tax return" with basic information like filing status, number of dependents and bank information so the government can send the money.
"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," the IRS said.
Treasury Secretary Steven Mnuchin said payments will go out "within three weeks" for people who have their direct deposit information on file with the IRS.
"We will create a web-based system for people where we don't have their direct deposit they can upload it, so that they can get the money immediately as opposed to checks in the mail," Mnuchin said Sunday on CBS' "Face the Nation."
Read more: https://www.nbcnews.com/politics/congress/irs-releases-more-info-how-get-coronavirus-stimulus-checks-asap-n1172676
rzemanfl
(29,556 posts)Fucking morons.
yaesu
(8,020 posts)first & go to SS records & other agency records after that to get people who they miss which would take more time, I think they are saying is if you want a quick check that throw us a bone by filling out a quick form through the IRS. Repukes have decimated the IRS and other agencies by pulling funds so they are too understaffed to handle this in the right way.
rzemanfl
(29,556 posts)Clusterfuck in progress.
yaesu
(8,020 posts)customerserviceguy
(25,183 posts)it will be computers processing the return data. Very little human intervention at this point.
Also, as the returns in question will have zero taxable income, there's no reason to turn on the "look for returns ripe for audit potential" function. That should speed things up.
However, there are fraud possibilities from this, too. If someone has the SSN for a person with diminished mental capacity, and access to their bank account, a return could be filed, and the money siphoned off.
Response to rzemanfl (Reply #1)
Sherman A1 This message was self-deleted by its author.
rzemanfl
(29,556 posts)can process it?" Forgive me, but I am fucking sick and tired of Trumpworld. Don't get me started on unemployment compensation; which is a clusterfuck on Viagra and steroids.
Response to rzemanfl (Reply #6)
Sherman A1 This message was self-deleted by its author.
yaesu
(8,020 posts)Last edited Tue Mar 31, 2020, 07:10 PM - Edit history (1)
rzemanfl
(29,556 posts)It is not "career civil servants" making these asinine decisions, it is people appointed by the GOP to run these agencies at the state and federal level. As one example I am sure an IT person could easily unlock all the frozen unemployment accounts or delete them and let people start over. Instead the powers that be tell people to call a phone line that never gets answered. It keeps the numbers down.
They are going to kill a lot of people with their incompetence, including career civil servants.
Response to rzemanfl (Reply #15)
Sherman A1 This message was self-deleted by its author.
rzemanfl
(29,556 posts)All we want for now is to open a U.C. case. The assholes have my wife locked out tell her to call a number nobody answers and have her email an address that gets no reply.
Igel
(35,293 posts)Take the IT assumption. The IRS uses outdated technology. Every few years somebody says, "I know! Let's budget a lot of money to upgrade and modernize, and do it right this time."
They spend the money. They double the amount. Triple the amount. Some things get upgraded. Then three things happen: it's deemed too expensive, outdated, and the systems don't all talk to each other. At which point they scratch their heads and somebody says, "I know! Let's start over, and budget a lot of money to upgrade and modernize, and do it right this time!"
In this case, there are state and federal systems, and they're not all on good terms with each other.
There are federal laws and regulations--we love them when they impede and block people we don't like and bitterly decry their breaking, but hate them when they're in our way and slow us down and then joyously applaud their breaking; there are also state laws and regs (ditto).
You need more baskets.
rzemanfl
(29,556 posts)State of Florida. Every purchase had a code, there were lots of them, I asked Finance for a list. I got about 12 closely spaced pages back. They were organized, not alphabetically by description, e.g., "paper" and "postage" under "P"-but numerically by code number with no rhyme or reason to them. I called it "job security for the finance folks." Fortunately I only had to learn a couple of dozen to do my job.
getagrip_already
(14,674 posts)For example, the MA UI site has a posting saying that all CARES act benefits are on hold until the feds instruct the states on eligibility, criteria, and payment info. So nobody with a 1099 can apply, and nobody will get the $600 bonus/week, and the term of benefits is unchanged.
So far, the states have zip. So no added benefits will be possible until the trump admin does something remotely competent.
Which they aren't capable of it seems.
Response to getagrip_already (Reply #37)
Sherman A1 This message was self-deleted by its author.
getagrip_already
(14,674 posts)The state can't move without fed input.
The state cannot provide the benefits passed by Congress and signed into law without info from the feds on what the rules are.
So what if states manage ui? It doesn't matter until and unless the trump administration acts.
This is NOT a state issue.
Response to getagrip_already (Reply #49)
Sherman A1 This message was self-deleted by its author.
getagrip_already
(14,674 posts)No disrespect, but the state cannot do anything until the feds provide their guidelines for how to administer it.
Mass has done a great job implementing it's system and rules. There are no crashed sites or overloaded phone lines. Sign up is quick and easy.
They even expanded the rules to the extent they didn't need anything from the feds.
But they simply cannot act until the feds act. It is NOT a state issue.
Response to getagrip_already (Reply #88)
Sherman A1 This message was self-deleted by its author.
getagrip_already
(14,674 posts)Sorry, nothing personal, but you aren't even trying to listen.
Response to getagrip_already (Reply #93)
Sherman A1 This message was self-deleted by its author.
getagrip_already
(14,674 posts)The states ui systems work fine. They can't implement federal benefits through them until the feds act. The feds are sitting on their thumbs.
The money is flowing to corporations. It isn't flowing to states to pass out through UI.
It doesn't matter that the states administer ui. I ack'd they do.
It's still a federal problem.
Response to getagrip_already (Reply #96)
Post removed
getagrip_already
(14,674 posts)So the federal gov't is running smooth as silk and all we have to do is wait, what, years?
And yes, corporations are apparently getting loans already. Google can be your friend.
And no, I'm not personally attacking you nor calling you a republican, it's just a very pro administration argument.
former9thward
(31,961 posts)I know how government works in every administration. Call it what you want...
getagrip_already
(14,674 posts)And will apologize if you are correct.
It's just that this is not every administration. It is a collection of incompetent superiors interfering in normal operations to the point where the civil service cannot work.
But I'm willing to wait and see. Mostly because I have no choice.
How long do you expect this would take under, say, the obama admin?
radical noodle
(8,000 posts)Employers pay a federal unemployment tax which is meant to help subsidize the state programs. The state runs the programs and makes the rules about eligibility, etc.
However, in this case, the new stimulus package had increased benefits for many workers and also for some who would not normally be eligible. These rules will override the state rules. This means the states will have to get the info from the feds about the stimulus rules and how they work before they can start covering people the way the stimulus package provides.
The snafus about the overworked state systems at the moment are just part of the story and like everything else, are a result of a pandemic of unexpected proportions overworking everyone and everything.
getagrip_already
(14,674 posts)The state system is neither overworked nor fouled up. They are doing a very, very good job with what they have control of.
You can sign up on day 1, and receive a statement of eligibility on day 2. My state UI checks have been paid within 24 hours of pushing the buttons on the web site, which has been available 24/7.
They did put up a notice on their main page saying that none of the new benefits under the CARES act can be implemented until they get guidance from the feds. None has been provided.
From what state pol's are saying, it is not a priority for the feds at the moment.
radical noodle
(8,000 posts)in my second paragraph, perhaps poorly. There seem to be several issues with this stimulus that need to be ironed out and as long as they don't get it to the states, the states won't be providing it.
I was trying to explain to Sherman A1 the exact same thing you were trying to explain. I'm not sure either of us succeeded. Now that he's deleted several of his posts, the explanation doesn't make as much sense as it once did anyway.
MichMan
(11,899 posts)They had plenty of time to expect this was going to be an issue, yet just decided last week that they might need to hire more staff. Of course, had they been more proactive, they would have hired a few weeks ago and already had them trained and ready.
I need to sign up this week and at this point am going to set my alarm for 3AM and hopefully it will be working correctly then
rzemanfl
(29,556 posts)Igel
(35,293 posts)Remember all those Trump "initiatives" blocked by courts for not following the right process?
Did you think, "Damn, we need to streamline things so decision can be made and implemented quickly"?
Lawyers have to look over and give guidance. Bureaucrats have to come up with rules and processes on how to deal with it all. Lawyers have to look things over, and some systems guru has to make sure that they didn't just allow people to triple dip or block 20% of those the law extends aid to. Accounting systems have to be set up to pass audit. The system has to be checked for authority and integrity--can somebody on the side add a few hundred John A. Jones, John B. Jones, John C. Jones ... and have the money diverted to some personal account? Mechanisms for bounced amounts have to be worked out--fine, you had direct deposit in 2018 to this account ... which was closed, and Bill got his direct deposit in 2018, but, you know, he died.
This doesn't take 20 minutes to work out. And if they get it wrong, you know people will be calling for their heads and saying how corrupt they were--not that they were under pressure and hurried and made mistakes like any human, no, they'd be deemed incompetent corrupt cretins. (Typically by people who couldn't do their jobs.)
left-of-center2012
(34,195 posts)... that those of us on SS and have not filed a tax form due to low income
will still get the money based upon our SS address, etc.
rzemanfl
(29,556 posts)regime.
yaesu
(8,020 posts)are using the IRS & the IRS will be using their records first, find out who they missed by comparing notes with SS & send checks to those they missed.
rzemanfl
(29,556 posts)In almost 43 years of marriage my wife and I have never had a joint account and don't have one now. Will they deposit her money to an account in my name or my money in an account in hers? I doubt it based on our experience with that Dubyah check years ago. The bank teller insisted my wife appear in the bank to endorse the check she'd already signed. I mentally said "fuck you" and put the check in the ATM. That was the last I heard about it, the money appeared in my account.
I am willing to wait rather than open an account in both our names.
klook
(12,153 posts)When we've gotten checks made out to both of us, we both endorse and list one account number, and it gets deposited there. Should work the same in this situation.
rzemanfl
(29,556 posts)via their proposed website, which I am sure will be even worse than the Florida Unemployment Compensation website.
left-of-center2012
(34,195 posts)asiliveandbreathe
(8,203 posts)What about people on Social Security?
People on Social Security are eligible to receive the coronavirus relief payment as long as their total income does not exceed the limit. Low-income Americans on Social Security do not need to file a tax return. As long as they received an SSA-1099 form (the Social Security benefit statement), the federal government will be able to send them a payment via the usual way they get their Social Security payment. Retirees and people on disability are both eligible for the special payment.
https://www.washingtonpost.com/graphics/business/coronavirus-stimulus-check-calculator/?itid=hp_hp-top-table-main_calculator-130am%3Ahomepage%2Fstory-ans
rzemanfl
(29,556 posts)left-of-center2012
(34,195 posts)sheshe2
(83,708 posts)asiliveandbreathe
(8,203 posts)asiliveandbreathe
(8,203 posts)I guess we all have to file to recv stimulus...when they get around to making the IRS form available..they have our info..this is nuts..
https://www.irs.gov/newsroom/economic-impact-payments-what-you-need-to-know
sheshe2
(83,708 posts)Dayum, none of us need the additional stress right now.
stopbush
(24,393 posts)There are 143-million taxpayers in the USA. Thats 89% of taxpayers who do not have their info on file thru SS.
rzemanfl
(29,556 posts)What about people who don't get refunds or borrowed against their refund? There is no leadership being shown here, just the usual GOP pull it out of their ass responses. I guarantee you there are people working right now on how to get Drumpf's signature on the checks who should be working on getting money to people.
stopbush
(24,393 posts)of Americans, rather than the 11%.
And no doubt a good % of that 11% also filed tax returns in 2018 and/or 2019. I know I did.
rzemanfl
(29,556 posts)the government already has is a waste of effort, mistakes will be inevitable, also there is the possibility of fraud. I fail to see how having millions of people provide information the government already has is anything other than stupid and detracts from the goal of getting the money into the economy quickly. If I am wrong, please tell me why.
Sapient Donkey
(1,568 posts)If for some reason a person opted for a paper check before, but wants this as a direct deposit, or if their bank account information changed since they filed last
yaesu
(8,020 posts)Sapient Donkey
(1,568 posts)and they either pay for the services using the refund or get a loan based on their tax refund. Wouldn't that mean the IRS has whatever bank the service uses instead of the tax filer's bank account?
rzemanfl
(29,556 posts)These people could fuck up a wet dream.
Sapient Donkey
(1,568 posts)bank information. It would suck if people didn't get their check because the IRS didn't have their information, or they had outdated/incorrect account information.
rzemanfl
(29,556 posts)I would feel more confident.
iluvtennis
(19,843 posts)since IRS is separate organization from Social Security admin and I can't imagine that the agencies talk to each other.
rzemanfl
(29,556 posts)ripcord
(5,311 posts)If you didn't file a tax return in 2018 or 2019 you aren't getting a stimulus check.
rzemanfl
(29,556 posts)I believe everyone is supposed to get a check according to Mnuchin and the other asshats.
ripcord
(5,311 posts)That was your choice.
rzemanfl
(29,556 posts)Right....
jberryhill
(62,444 posts)rzemanfl
(29,556 posts)jberryhill
(62,444 posts)rzemanfl
(29,556 posts)Did you read the post I was responding to, that said it was my choice last year to get a paper stimulus check in 2020?
jberryhill
(62,444 posts)ripcord
(5,311 posts)They are telling seniors on Social Security they have to file to get the checks so just files your now electronically and include your direct deposit information.
sheshe2
(83,708 posts)I haven't filed taxes for the past three years. However my records are on file.
Butterflylady
(3,539 posts)SS recipients will receive stimulus checks thru their direct deposit info. Please don't give people misinformation.
rzemanfl
(29,556 posts)ripcord
(5,311 posts)But they need to file a tax return, no tax return no stimulus check. You doesn't matter if you don't owe money or have to pay it but you do have to file if you want your check.
sheshe2
(83,708 posts)My direct deposit info is on file with SS. That is how I get my check.
yellowcanine
(35,698 posts)Some people have their SS checks deposited into an individual account and their tax refunds deposited into a joint account.
rzemanfl
(29,556 posts)percentage of people who do that is quite small.
Newest Reality
(12,712 posts)I am not clear about homeless elders with no SS and no work for a couple of years, plus no bank account.
SOL?
yaesu
(8,020 posts)shelters using the shelters address in the homeless persons name, cash it out at the shelter, hope they don't get robbed or worse.
Newest Reality
(12,712 posts)I will check into it. There is no form yet to send to the IRS, which might be the only way I can get a check then. Was hoping I might be able to get a new tent and tarps before the rain picks up since it leaks.
This situation makes it much more difficult now to be homeless in many, many ways.
yaesu
(8,020 posts)other tax filing websites just inputting the info needed (name, address, SS #,like filing status, # of dependents.
Newest Reality
(12,712 posts)I will give that a shot. Wouldn't hurt to try.
yaesu
(8,020 posts)in the future, its going to take a while to restart whatever economy is left over once this mess is behind us.
getagrip_already
(14,674 posts)Technically, you should file a return every year anyway. Even if you have no income.
lark
(23,078 posts)My son didn't have a bank account for years, he gets paper checks and so didn't provide direct deposit information. What is the timeframe for getting out checks to those who weren't getting refunds so didn't provide this information?
rzemanfl
(29,556 posts)small. Mark my words, this will turn into another scandal.
lark
(23,078 posts)Paper checks are one that will hurt, but it is small potatoes compared to what drumpf will do with a 500 billion personal slush fund.
yaesu
(8,020 posts)simple form just to record the direct deposit info with the IRS.
lark
(23,078 posts)yaesu
(8,020 posts)lark
(23,078 posts)getagrip_already
(14,674 posts)Dems can wait until hell freezes over. They will find a way to test this for supporters to get priority.
SheltieLover
(57,073 posts)dalton99a
(81,426 posts)KewlKat
(5,624 posts)I hope they come up with a website to add bank info.
yaesu
(8,020 posts)update online that everyone can use to get the correct account info for those who need to.
Roland99
(53,342 posts)klook
(12,153 posts)Seismogram of the 2011 Tōhoku earthquake
-- just so you know
BumRushDaShow
(128,699 posts)bucolic_frolic
(43,111 posts)they agreed to pay everyone's salary until the crisis is over, directly to companies, so the money keeps flowing. They figure it will make for an easy restart of the economy when the time comes. The article likened it to a freeze.
roamer65
(36,745 posts)The Danish Krone is tied to the EUs Exchange Rate Mechanism. It must operate within a tight exchange rate band. They may have to abandon the mechanism and that will bring currency volatility to the EU.
https://ec.europa.eu/info/business-economy-euro/euro-area/introducing-euro/adoption-fixed-euro-conversion-rate/erm-ii-eus-exchange-rate-mechanism_en
happybird
(4,599 posts)Thats the option I chose for my 2019 refund because Im not thrilled with the idea of giving the IRS my bank account info (I know they can easily get it if they wanted to, but it was the principle of the matter...)
Anyhow, I asked if the stimulus check would be deposited to that same TurboTax prepaid Visa card. She thinks not. She didnt sound terribly sure and directed me to the IRS site. It looks like those of us who chose the debit card option for refunds will have to enter bank account info on the IRS site (when its up and running) to get an electronic stimulus check.
Guess I will be giving my bank info to The Man after all.
yaesu
(8,020 posts)rzemanfl
(29,556 posts)I bet the payday lenders are drooling over this one as a huge potential score.
More_Cowbell
(2,190 posts)"However, some seniors and others who typically do not file returns will need to submit a simple tax return to receive the stimulus payment."
https://www.irs.gov/coronavirus
Of course there's no telling what will happen by the end; I expect that lobbyists like the AARP will have something to say about requiring seniors on Social Security to submit even a simple return. But right now I'd trust the IRS site over anything Mnuchin says on TV.
rzemanfl
(29,556 posts)"We will create a web-based system for people where we don't have their direct deposit they can upload it, so that they can get the money immediately as opposed to checks in the mail," Mnuchin said Sunday on CBS' "Face the Nation."
at140
(6,110 posts)and your AGI determines amount of stimulus money you can get.
OriginalGeek
(12,132 posts)or filed a tax return. She depends on us for 100% of her support. (she's 29yo)
If I am reading this right she may be able to file this simple return and get a check too? She REALLY wants to upgrade her computer and that would help.
Grasswire2
(13,565 posts)Anyone who is now getting monthly benefits and gets a yearly summary of benefits is in the system to receive the check.
OriginalGeek
(12,132 posts)But they started denying it before she was even a teen. We didn't know then you could appeal a decision like that. She got therapy at United Cerebral Palsy every day when she was very young and horse riding therapy when she got older but we didn't know about advocates and all that. No telling what we missed out on.
Grasswire2
(13,565 posts)My daughter was denied disability as a teenager, but we appealed and finally received approval twelve years later after the intervention of our U.S. Senator. Keeping her health care coverage was our primary impetus.
OriginalGeek
(12,132 posts)I guess we just gave up a while back and figured now she's almost 30 there is nothing that can be done. I pay her healthcare out of pocket but it worries me that I won't always be able to do that..
Grasswire2
(13,565 posts)There's one other factor to consider. If you applied for her and were denied disability, and then are eventually granted the disability, payment of benefits from the time of the original denial are now paid to her in a lump sum. That is a very hefty amount that could be a life-saver for her later as you both age. (A spend-down may be required at some point; I'm not sure)
at140
(6,110 posts)I was going to wait until July 15 to file my tax return but did it yesterday, just so IRS has my current address, in case I am getting a paper check.
I owe tax as usual for 2019 but won't pay until 2nd week of July as is legally allowed this year without penalty. So IRS will not have my bank account info from 2019 tax return, but hopefully they will use my bank info from 2018 return.
yaesu
(8,020 posts)returns for direct deposit info but its good that you filed just in case. Hopefully they will have an EZ type form available soon for everyone to use if needed.
at140
(6,110 posts)You will need to file that simple form, so that IRS can determine if your income qualifies or not to receive the stimulus check.
From IRS web site:
I am not typically required to file a tax return. Can I still receive my payment?
Yes. People who typically do not file a tax return will need to file a simple tax return to receive an economic impact payment. 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.
Marcuse
(7,463 posts)Ollie Garkie
(186 posts)You filed 2018 taxes but haven't gotten a refund since 2015? Would they just use bank info from five years ago?
yaesu
(8,020 posts)option very soon to input your bank info, hopefully.
Grasswire2
(13,565 posts)If you get a statement from SS in the mail every year regarding your benefits for the year, you will also automatically get the check.
sheshe2
(83,708 posts)I have no time or patience to go through all that S*IT! I do mom care 24/7 and have no time for bullshit. I paid my dues.
rzemanfl
(29,556 posts)Scroll down in this thread to near the end.
https://www.democraticunderground.com/11835092
Grasswire2
(13,565 posts)rzemanfl
(29,556 posts)flying around as they make this into a world class clusterfuck.
GeorgiaPeanut
(360 posts)This was sorely needed
yaesu
(8,020 posts)they will get their payment automatically but still no word about those not on SS who don't file.