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To apply for these benefits, you should immediately go to the IRS’s webpage and visit the Non-Filers: Enter Your Information section to provide your information. Here is the link: https://www.irs.gov/coronavirus/non-filers-enter-payment-info-her

You must apply by May 5, 2020, even if you have not received your stimulus check. From the Social Security Administration:

“People receiving SSI benefits who did not file 2018 or 2019 taxes, and have qualifying children under age 17, however, should not wait for their automatic $1,200 individual payment. They should immediately go to the IRS’s webpage and visit the Non-Filers: Enter Your Information section to provide their information. SSI recipients who have dependent children and did not file 2018 or 2019 taxes need to act by Tuesday, May 5, in order to receive additional payments for their eligible children quickly.”

stockfresh_10257434_threat-of-coronavirus-for-family_sizeM-300x200For more information, please click here: https://blog.ssa.gov/supplemental-security-income-recipients-act-now-go-to-irs-gov-a-message-from-social-security-commissioner-andrew-saul/?utm_medium=email&utm_source=govdeliver DEADLINE Is May 5.

A Reminder About The $1,200 Economic Impact Payments

People who receive Social Security Disability Insurance Benefits or Social Security Retirement Benefits are eligible to receive $1,200.00 as long as their total adjusted gross income under a certain limit. If all the income you have is your Social Security disability or retirement benefit, you do not need to worry about the other qualifications.

If you have other investment income, you should know that you are still eligible for payments if your adjusted gross income is $75,000.00 or less for Continue Reading

Who is Eligible?

Most people who receive Social Security Benefits will be eligible to receive the $1,200.00 Economic Impact Payment as part of the CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY (CARES) ACT. That means that persons receiving Social Security Disability Insurance benefits (SSDIB), Supplemental Security Income (SSI) benefits, and even people receiving Social Security Retirement benefits may be eligible to receive a direct deposit or check from the United States Treasury Department.

Coronavirus-300x169Economic Impact Payments will be made through the Internal Revenue Service (irs.gov). Do not contact the Social Security Administration with questions about economic impact payments. The Social Security Administration has enough extra work trying to process claims, take applications, etc., online and by telephone, without allowing persons to come into the field offices, which are all closed to the public because of the COVID-19 Pandemic.

Persons receiving Social Security Disability Insurance Benefits or Social Security Retirement Benefits will be eligible to receive $1,200.00 as long as their total adjusted gross income under a certain limit. If all the income you have is your Social Security disability or retirement benefit, you do not need to worry about the other qualifications.

If you have other investment income, you should know that you are still eligible for payments if your adjusted gross income is $75,000.00 or less for individuals or $150,000.00 or less for married couples filing joint returns. The payments will be reduced from $1,200.00 by $5 for each $100 above the $75,000.00/$150,000.00 limits. Once an individual’s adjusted gross income exceeds $99,000.00, or a married couple’s adjusted gross income exceeds $198,000.00, they will not be eligible for any Economic Impact Payment.

People who receive Supplemental Security Income will be eligible for the full $1,200.00 payment.

How Do You Receive Your Payment?

There has been a lot of confusion about how the IRS will get your payment to you. Some of the information initially said that you must file a tax return for 2018 or 2019 in order to receive the Economic Impact Statements. For a few days, even the IRS was saying that a “simple tax return” would be required.

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