![]() ![]() ![]() The stimulus funds are a credit similar to the earned income tax credit or the additional child tax credit. Will the stimulus funds I receive affect my 2020 federal tax return? They may only enter non-DirectExpress bank account information for direct deposit or leave bank information empty to receive a paper check by mail. Please note that DirectExpress account holders may use the IRS’s Non-Filer tool, but they cannot receive their and their children’s payment on their DirectExpress card. They should go to the IRS’s webpage for non-filers here. People receiving SSI benefits who did not file 2018 or 2019 taxes, and have qualifying children under age 17, however, need to act by Tuesday, May 5, in order to receive additional payments for their eligible children quickly. Supplemental Security Income (SSI) recipients who don’t file tax returns will start receiving their automatic Economic Impact Payments directly from the Treasury Department in early May. What Action is Needed for People Receiving SSI to Receive $500 Per Child Payment? A volunteer from the EITC will call to follow up. To request services, send an email to with name, phone number and what assistance is needed. The Cuyahoga Earned Income Tax Credit Coalition will help non-filers register for their stimulus payments. Anyone who receives IRS Form SSA-1099 or RRB-1099 or SSI but also has dependents who qualify for stimulus payments.Ĭlick here to go to the IRS non-filer tool.Ĭlick here to see step-by-step instructions for the non-filer tool.Anyone who has earned income under $12,200 if single or $24,400 if married during the 2019 tax year or.Anyone who receives veterans disability compensation, pension or survivor benefits from the Department of Veterans Affairs and did not file a tax return for the 2018 or 2019 tax years or.Those group include the following people: Some non-filers must use a new tool created by the IRS to get their stimulus payments. Who should use the new IRS non-filer tool to get their stimulus payments? Each person will receive $1,200 per person automatically, but no additional money for any dependents unless you register with the new IRS non-filer tool. If you receive Supplemental Security Income (SSI) the IRS will use the information on file with the Social Security Administration in place of a tax return. ![]() The IRS will use the information on IRS Form SSA-1099 or RRB-1099 in place of a federal tax return if you do not typically have to file a tax return. Some non-filers will get individual stimulus payments automatically based on other information. Non-filers do not have to file a tax return to get a stimulus payment. For example, an individual who reports gross income of $80,000 would get $950 instead of $1200 (50 X 5 = $250 $1200 - $250 = $950).ĭo I have to file a tax return to receive the stimulus payment? The payment amount is reduced by $5 for each $100 above the $75,000/$150,000 thresholds. Parents or caregivers may receive up to $500 for each qualifying child claimed as a dependent.Married couples who earn up to $150,000 and file a joint tax return will receive a payment of $2,400.Individuals who report adjusted gross income up to $75,000 on their tax returns will receive $1,200.Who is eligible for the economic impact payment?Īny individual in the United States is eligible for the payment except someone who is a nonresident alien or a person who can be claimed as someone else’s dependent. The government also wants to boost spending power and spur economic activity. The reason for the payment is to help people financially who face economic hardships caused by the coronavirus pandemic. This law created a one-time payment to many people in the United States from the federal government. On March 27, 2020, the Coronavirus Aid, Relief and Economic Stimulus “CARES” Act became law. What is the purpose of the economic impact payment, also knows as a “stimulus check”? Anyone who earned income under $12,200 if single or $24,400 if married during the 2019 tax year.Anyone who receive veterans disability compensation, pension or survivor benefits from the Department of Veterans Affairs and did not file a tax return for the 2018 or 2019 tax years.Anyone whose only income is Supplemental Security Income (SSI).Anyone who receives Form RRB-1099 (railroad retirees).Anyone who receives IRS Form SSA-1099 (social security recipients).“Non-filers” include all of the following groups of people: Who does NOT regularly have to file taxes and is considered a “non-filer” for purposes of the stimulus payments? ![]()
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