[NFBF-L] FW: Revised Information from the IRS about the Stimulus Check

[PLipovsky]

Hi all..

Forwarding the.
revised info regarding the stimulus checks.
 
I'm forwarding the entire chain so you can follow the path if you want.

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.

 
-------------- next part --------------
An embedded and charset-unspecified text was scrubbed...
Name: Untitled attachment 00047.txt
URL: <http://nfbnet.org/pipermail/nfbf-l_nfbnet.org/attachments/20200402/240b09aa/attachment.txt>
-------------- next part --------------
An embedded and charset-unspecified text was scrubbed...
Name: Untitled attachment 00018.txt
URL: <http://nfbnet.org/pipermail/nfbf-l_nfbnet.org/attachments/20200402/240b09aa/attachment-0001.txt>