(Updated: April 26, 2020) Are you receiving Social Security retirement or disability benefits (SSDI), Supplemental Security Income (SSI), Railroad Retirement benefits, or VA benefits? If you are and you are generally not required to file a tax return, and you have children, you need to be aware of a new deadline. The Internal Revenue Service (IRS) previously announced that folks in…
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The Internal Revenue Service (IRS) has confirmed that recipients of VA benefits will automatically receive Economic Impact Payments (that’s the official name, although most taxpayers refer to them as stimulus checks). That means that veterans and their beneficiaries who receive Compensation and Pension (C&P) benefit payments from VA will receive a $1,200 Economic Impact Payment with no…
Yesterday, the Internal Revenue Service (IRS) launched its second tool, Get My Payment, to assist taxpayers with their stimulus checks. According to the IRS, as of mid-day yesterday, more than 6.2 million taxpayers successfully received their payment status, and almost 1.1 million taxpayers have successfully provided banking information. But many taxpayers reported difficulty accessing the site,…
There’s still a lot of confusion about how to register for and track stimulus checks on the Internal Revenue Service (IRS) website. There are two tools, the non-filer tool and the Get My Payment tool, available on the website. The IRS has issued some additional guidance which clarifies how the tools can be used. Here’s how to…
(Update: On April 17, 2020, the IRS confirmed that vets would also receive their checks automatically.) The Internal Revenue Service (IRS) has confirmed that recipients of Supplemental Security Income (SSI) will automatically receive automatic Economic Impact Payments (that’s the official name, although most taxpayers refer to them as stimulus checks). The move required coordination among the Social…
As COVID-19 continues to impact the United States, the federal government is taking action to ease the burden on taxpayers. Most recently, as part of the CARES Act, the Treasury Department is sending out stimulus checks to most (but not all) Americans. Those stimulus checks are starting to hit bank accounts now, which is offering relief…
(Updated with new information: April 15, 2020, in the afternoon). The Treasury Department and the Internal Revenue Service (IRS) have released a new web tool that will allow taxpayers to update their direct deposit information to receive their stimulus checks (Economic Impact Payments) more quickly. This tool, which is now available, is available to those taxpayers who…
(Updated April 15, 2020: The new tool is up. More info in this story here.) Okay, I get it. I’m not brief. I’m a wordy girl. I like to be thorough. I’m a middle child and a lawyer: you do the math. I recently posted about a new web tool from the Treasury and the Internal Revenue Service (IRS) that…
Finally. Taxpayers who don’t usually file a tax return have been waiting to see how the Treasury Department and the Internal Revenue Service (IRS) would allow them to get their stimulus checks (Economic Impact Payments). Today, the IRS announced a new web tool to make that happen. If you’ve been hearing rumors about TurboTax or other companies implementing portals,…