Checks will be issued until the end of the year.
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$ 1,200 payment if no 2018 tax return filed ?
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IR-2020-61, March 30, 2020 — The Treasury Department and the Internal Revenue Service today announced that distribution of economic impact payments will begin in the next three weeks and will be distributed automatically, with no action required for most people. Updated with new information for seniors, retirees on April 1, 2020.
"payments will begin in the next three weeks"
I really can't see how people can expect to see a check in their hands in 3 weeks. At some point in time they have to cutoff the date when they check 2018 vs. 2019 returns that were accepted.Taxes after all are the dues that we pay for the privileges of membership in an organized society. - FDR
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The IRS website Q&A page on stimulus payment requirements is clear as mud to me.
As I read it, it looks as if someone on social security only & not filing a tax return will still need to file a "simple" return to get their $ 1,200.
I had thought my original post's question had been answered through the default process explained earlier in the replies.
What am I missing ?
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Originally posted by RWG1950 View PostThe IRS website Q&A page on stimulus payment requirements is clear as mud to me.
As I read it, it looks as if someone on social security only & not filing a tax return will still need to file a "simple" return to get their $ 1,200.
I had thought my original post's question had been answered through the default process explained earlier in the replies.
What am I missing ?
The Q&A is clearly contrary to what the law says. That law specifically says that if a 2019 or 2018 tax return has not been filed, they will use the SSA-1099 (and RRB-1099).
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Originally posted by rbynaker View Post
Interesting. I agree with everything except "Social Security recipients" which was very specifically carved out in the law.
Not sure if I've mentioned it yet on this board, but I'm pretty convinced that in 200 years historians will look back and call this the Misinformation Era.
Rick
Chris
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Originally posted by ATSMAN View Posthttps://www.irs.gov/newsroom/economi...u-need-to-know At some point in time they have to cutoff the date when they check 2018 vs. 2019 returns that were accepted.
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For folks getting Soc. Security they already have their DD info so it makes no sense for them to file the Simple Return. And I guess it does not matter if you took your mother as other dependent on your tax return.Taxes after all are the dues that we pay for the privileges of membership in an organized society. - FDR
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