SSA Recipients and Economic Stimulus Information

According to the newest information, all SSA recipients — including those who receive SSA retirement, SSDI, Disabled Adult Child beneficiaries, and SSI — who qualify for the economic stimulus based on their income will automatically receive their full stimulus amount without having to do anything. The stimulus check will either be direct deposited or sent by paper check depending on the IRS’ own information and/or the information they receive through SSA.

This amount will include the extra $500 allocated for each dependent child under the age of 17 for all of these SSA recipients except for one group — SSI recipients who have dependent children under the age of 17.

This group, SSI recipients who have dependent children under the age of 17, will automatically receive their $1200 amount, but in order to receive the extra $500 per qualified dependent child, they must use the IRS tool titled Non-Filers: Enter Payment Info Here.

This link will take them to a tool located on the IRS website that allows them to enter information about dependent children under the age of 17 that will ensure that the extra $500 per qualifying child is received in their stimulus check. Furthermore, the deadline for this group to provide this information is today – Tuesday, May 5th, 2020.

 It is important to understand that the above group, SSI recipients who have dependent children under the age of 17 will automatically receive their payment of $1200 without doing anything extra, but in order to ensure that they receive the $500 amount per qualifying dependent child under the age of 17, they must enter their information in the IRS tool. All of the other SSA groups with qualifying children under the age of 17 will receive this extra $500 without needing to use the IRS tool.

Background

After the CARES act was passed into law in late March, there was conflicting information about which group receiving SSA benefits would qualify for the stimulus. Information was fluid throughout early and mid-April, leading to further confusion about how and which SSA recipients would receive their stimulus money. 

The latest information from the IRS website updated 4/26/2020 confirms that all SSA recipients (Retirement, SSDI, and SSI beneficiaries) who qualify for the stimulus payment based on their income will automatically receive their stimulus money without needing to contact IRS or add information into any IRS tool.

The only group that does need to add information are SSI recipients who have dependent children under the age of 17. This group needs to use the above named IRS tool in order to ensure that they receive the extra $500 amount per qualifying dependent child, though if they do not add this information, they will still receive their $1200 amount automatically.

Other SSA recipients, including SSA retirement beneficiaries and those receiving SSDI do not need to add any information in the IRS tool to ensure that they receive the extra $500 per qualifying child. The IRS, through SSA, will already have this information and will include the extra $500 per child amount in the stimulus payment.

To get all of the information about the economic stimulus payments for all filers, non-filers, and SSA recipients, check out this page on the IRS website: https://www.irs.gov/coronavirus/economic-impact-payment-information-center

 

Source: https://www.irs.gov/

Article by: Micheal Rodus