[NFB-Idaho] FW: Revised Information from the IRS about the Stimulus Check

[sandy streeter]

Hello, we are trying to get the best information out to all of our members.
Susan came across this information last night. 

 

Stay safe.

 

Sandy Streeter, 1st vice-president

NFB of Idaho 

From: Susan Bradley <craftisue at hotmail.com> 
Sent: Wednesday, April 1, 2020 8:43 PM
To: Sandy Streeter <streeter.sandy at gmail.com>; Mary Ellen Halverson
<raynme68 at gmail.com>
Subject: Revised Information from the IRS about the Stimulus Check

 

Mary Ellen and Sandy

Please note the revised information from the IRS about the Stimulus Checks.
This information came out today and was on the NBC website for here in
southwest Idaho.  

Susan Bradley, President

NFB Treasure Valley Chapter

 

In a reversal Wednesday, the Treasury Department and the IRS announced that
those who receive Social Security benefits and are not typically required to
file tax returns will not need to file a "simple tax return" to receive an
economic impact payment. 

 

Instead, payments will be automatically deposited into their bank accounts.


"We want to ensure that our senior citizens, individuals with disabilities,
and low-income Americans receive Economic Impact Payments quickly and
without undue burden," said Treasury Secretary Steven Mnuchin
<https://home.treasury.gov/news/press-releases/sm967> in a statement.
"Social Security recipients who are not typically required to file a tax
return need to take no action, and will receive their payment directly to
their bank account."

 

The IRS will use the information on the Form SSA-1099 and Form RRB-1099 to
generate $1,200 payments to Social Security recipients who did not file tax
returns in 2018 or 2019. They will receive these payments as a direct
deposit or by paper check.

 

Before the announcement, the IRS posted guidance
<https://www.irs.gov/newsroom/economic-impact-payments-what-you-need-to-know
> on its website that said low-income taxpayers, senior citizens, Social
Security recipients, some veterans and individuals with disabilities would
need to file a "simple tax return" to receive an economic impact payment.