“The IRS changed the tax filing rule for Social Security recipients — why that’s a good thing”
April 3, 2020
“The rebate checks are part of the $2 trillion stimulus package President Donald Trump signed into law last week, intended to provide financial relief to Americans in the wake of the coronavirus pandemic. People can receive a rebate check up to $1,200 per person. To be eligible, recipients cannot be nonresident alien individuals or a dependent for someone else. Anyone who earns less than $75,000 will receive the full $1,200, and that amount will decrease until the cap at $99,000. Taxpayers who are married filing jointly will receive $2,400 if they earn $150,000 or less, with the phase out range up to $198,000. Individuals can receive $500 per child under 17 years old.
The government said it would use 2019 tax returns to determine eligibility…
But there are people who are eligible and do not file tax returns. Over the weekend, experts said the government could use Social Security statements for those who claim any type of benefit, such as retirement or disability, but the IRS said in a FAQ on its site on Monday that people who do not normally file a tax return will need to do so this year to receive the check…”