Posted on 04/21/2020 12:19:18 PM PDT by max americana
It didn’t matter. I would have paid it through the year or at the end of the year.
Oh. Bummer. Thanks so much for responding.
Maybe he’s trying to say it’s a scam. I don’t much care for the number of people wanting their free money here on FR. It seems dirty to me. We’re against give me dats until we are part of the givemedats. It’s a little odd. This never should have been free Money. It should have been only for those affected. JMHO.
Hang on "cabbieguy"... If I'm not mistaken checks to Social Security recipients with a direct deposit account began going out right after May 1st.
You should receive a $1200.00 stimulus deposit to your account sometime after Friday, May 1st.
Hope your right. thanks
It's all accurate EXCEPT the part that is repeated quite often "AARP fought hard to ensure these payments would go to people who rely on Social Security and aren't required to file taxes,”
It's my opinion that AARP is nothing more than an "insurance broker" preying on the elderly. The info in their article is accurate... how they portray themselves is a fabrication.
According to the IRS, Social Security recipients and railroad retirees who weren’t required to file federal tax returns for 2018 or 2019 will receive $1,200 stimulus payments automatically based on information contained in their “1099” benefit statements. No additional paperwork is required, per the latest guidance from the IRS.
The IRS reversed an earlier decision and now says it will look at “1099” benefit statements (Form SSA-1099 and Form RRB-1099) to get the information it needs to send out the $1,200 payments automatically in the same manner monthly benefits are received. The vast majority of Social Security recipients receive monthly benefits by direct deposit.
"AARP fought hard to ensure these payments would go to people who rely on Social Security and aren't required to file taxes,” said Bill Sweeney, AARP's senior vice president for government affairs. “It was just wrong to ask them to fill out extra paperwork, especially in the middle of this crisis, to get the benefits they need. We are very thankful the IRS reversed course and agreed to work with Social Security to get these checks out automatically without extra paperwork or red tape."
Stimulus payments will also go out automatically to Social Security Disability Insurance (SSDI) recipients who were not required to file tax returns for 2018 or 2019. Like Social Security beneficiaries, SSDI beneficiaries also receive SSA-1099 benefits statements every January, which the IRS will use to send the payments.
On April 15, the Social Security Administration announced that SSI recipients without dependent children will receive their stimulus payments automatically without having to file any additional forms. The stimulus payment will be sent to these SSI recipients the same way they get their normal benefits, either through direct deposit, Direct Express debit card, or paper check. The Treasury Department says it expects payments for SSI recipients to go out no later than early May.
The IRS also has announced that people who receive Compensation and Pensions (C&P) benefits from the Department of Veterans Affairs will receive their stimulus payments automatically even if they have not filed tax returns for 2018 or 2019. The IRS, which made the announcement on April 17, did not say when the stimulus payments would be sent to VA beneficiaries.
People who receive VA benefits, Social Security retirement, SSDI or SSI benefits, and railroad retirement benefits who also have dependent children under the age of 17 who qualify for stimulus money should complete the IRS online form for non-filers in order to get the additional $500 per child payments for these dependents. Beneficiaries in these group who do not provide this information to the IRS soon will have to wait until later to receive the payments for dependents.
For those who weren’t required to file 2018 or 2019 tax returns, and who are not Social Security recipients, SSDI recipients, VA beneficiaries, or railroad retirees, the IRS has created a free, online tool you can use to quickly register to receive your stimulus payment if you don’t typically file a tax return due to your income level. People who may fall into this category include some low-income workers.
The tool is available only on IRS.gov. You can access the registration by clicking this link or going to the IRS website and looking for “Non-filers: Enter Payment Info Here.” The tool will ask you for some basic information including your name, address, Social Security number, and dependents. The IRS then will confirm your eligibility, calculate how much you should receive, and send a stimulus payment. If you enter your bank account information, the IRS will deposit your payment directly in your account. Otherwise, your payment will be mailed to you. Using the tool will not result in any taxes being owed.
The IRS says it will continue looking for ways to send stimulus payments automatically to people who did not file a tax return in 2018 or 2019. The agency says people in this group can either use Non-Filers: Enter Payment Info option now or wait as the IRS explores possible automatic payment options for these groups.
AARP urged the IRS to make automatic stimulus payments to SSI and VA beneficiaries without the burden of filing any additional paperwork.
The IRS started sending out stimulus payments in mid-April. You may check on the status of your stimulus payment by using this IRS website.
https://www.aarp.org/politics-society/advocacy/info-2020/coronavirus-stimulus-checks.html
max americana wrote: “The IRS happily takes money away but direct deposit? Zilch. They already surrendered to accepting the stimulus paper check..”
Basically, the IRS is saying we can’t make a direct deposit unless you’ve told us too. Very legalistic.
BTW, your friends can go to IRS.Gov and use the Get My Payment to provide their direct deposit information. I did that and the IRS is now saying they will do a direct deposit. Very much faster than waiting on a paper check which may take until the summer to get here.
SS has your account numbers, the IRS does not.
The SS office normally deposits your SS checks.
The IRS is depositing the “stimulus” money so-o-o ... the IRS has to wait for the SS office to send them the banking information before they can deposit your money.
The IRS has made direct deposits into my bank account before. Why can't they do this now? I have the same bank account.
And I have never received anything from SSA. I'm 56 and I've never had any interaction with the SSA.
It’s understandable if you understand computers, programmers and most especially .. Government programmers.
All I can say is that even small changes within how monies are dispersed will throw everything or everyone in the different government departments into a panic!
Things get rearranged, get lost or just plain get overlooked.
I can’t really give you a straight answer because that isn’t how the government operates, 8)
I just read what I relayed to you on some government site .. somewhere.8-(
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