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progree

(10,907 posts)
3. Surprise / Shock! The stimulus checks are tax free
Mon Mar 30, 2020, 08:11 PM
Mar 2020
https://www.marketwatch.com/story/im-retired-and-claim-social-security-do-i-still-get-the-1200-stimulus-check-2020-03-27
I’m retired and claim Social Security — do I still get the $1,200 stimulus check?, MarketWatch 3/29/20

... The checks, which are nontaxable, will be based on 2019 tax returns if they’ve already been filed (though the deadline has been delayed to July 15), and for those who have yet to send in their returns, 2018 figures. The checks are based on all income, which means retirees, Social Security and those who claim other benefits, such as Supplemental Security Income, are eligible. The government can use a beneficiary’s Social Security statements to calculate the check amount if a person did not file taxes — and send the check based on the information on file, according to AARP. ...
Latest Discussions»Culture Forums»Personal Finance and Investing»No promises on when coron...»Reply #3