AARP worked to ensure that people who are collecting SS benefits for retirement, and disability will be eligible for the stimulus payments. AARP also fought to guarantee that low-income Social Security recipients will receive the full $1,200 check, not $600 as originally proposed. And they were successful in there fight
The amount of the check will be based on income for individuals who earned more than $75,000 based on their federal tax return for 2019 (or their 2018 return if they have not filed yet). The payment for individuals will shrink by $5 for every $100 earned above $75,000. For couples who ended up filing jointly, the reduction will start once they earn more than $150,000; for heads of household, at $112,500.
Individuals who earned more than $99,000 and couples who earned more than $198,000 jointly will not receive checks. The income cut-off for heads of households is $136,500.
Payments to Social Security beneficiaries will go out automatically
According to the International Revenue Services, Social Security recipients and railroad retirees who were not required to file federal tax returns for 2018 and/or 2019 will receive $1,200USD stimulus checks automatically based on info contained in their “1099” benefit statements. No additional paperwork is required, per the latest guidance from the IRS.
The IRS reversed an earlier decision and now says it will look at “1099” benefit statements (Form SSA-1099 and Form RRB-1099) to get the information it needs to send out the $1,200 payments automatically in the same manner monthly benefits are received. The vast majority of Social Security recipients receive monthly benefits by direct deposit.
“AARP fought tirelessly to ensure these checks would go to people who rely on Social Security and aren’t required to file taxes,” said Bill Sweeney, AARP’s senior VP for government affairs. “It was just wrong to ask them to fill out extra paperwork, especially in the middle of this crisis, to get the benefits they need. Most are very happy the IRS reversed course and agreed to work with Social Security to get these payments out automatically without extra paperwork or red tape.”
SSDI disability beneficiaries also to get payments automatically
Stimulus payments will also go out automatically to Social Security Disability Insurance (SSDI) recipients who were not required to file tax returns for 2018 or 2019. Like Social Security beneficiaries, SSDI beneficiaries also receive SSA-1099 benefits statements every January, which the IRS will use to send the payments.
IRS launches online registration for SSI, VA beneficiaries
For those who weren’t required to file 2018 or 2019 tax returns, and who are not Social Security recipients, SSDI recipients or railroad retirees, the IRS has created a free, online tool you can use to easily register to receive your stimulus payment if you don’t typically file a return due to your income level. individuals who may fall into this category include some low-income workers, recipients of SSI benefits and Veterans Affairs (VA) beneficiaries. Typically, SSI beneficiaries and VA beneficiaries do not receive 1099 tax forms (although some SSI beneficiaries who also get SSDI benefits would receive an SSA-1099).
The tool is readily available but only on IRS.gov. You can access the registration by clicking this link or going to the IRS website and looking for “Non-filers: Enter Payment Info Here.” The tool will ask you for some basic information including your name, address, Social Security number, and dependents. The IRS then will confirm your eligibility, calculate how much you should receive, and send a stimulus payment. If you enter your bank account information, the IRS will deposit your payment directly in your account. Otherwise, your payment will be mailed to you. Using the tool will not result in any taxes being owed.
The IRS says it will continue to look for ways to send stimulus checks automatically to SSI recipients and those who receive veterans disability compensation, pension or survivor benefits from the Department of Veterans Affairs and people who did not file a tax return for the 2018 or 2019. The agency says people in these groups can either use Non-Filers: Enter Payment Info option now or wait as the IRS explores possible automatic payment options for these groups.
AARP is urging the IRS to make automatic stimulus payments to SSI and VA beneficiaries without the burden of filing any additional paperwork.
If you receive Social Security retirement or disability benefits or are a railroad retirement beneficiary, you automatically will receive your $1,200 stimulus payment. You can, however, use the Non-Filers tool to claim the additional $500 you should receive for any eligible child dependents under the age of 17.
The IRS says it will start sending out stimulus payments to most Americans in April