Tuesday, April 21, 2020

IRS says Social Security recipients with children must take action to ensure full coronavirus payment now

https://thehill.com/policy/finance/493779-irs-says-social-security-recipients-with-children-must-take-action-to-ensure

By Naomi Jagoda - 04/20/20 07:11 PM EDT


Recipients of Social Security and railroad retirement benefits who have children should act by Wednesday in order to quickly receive the full amount of their coronavirus relief payments, the IRS said Monday afternoon.

The announcement gives non-filers who receive certain federal benefits only a short amount of time to get the payments for their children added to their automatic payments.

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The agency is instructing Social Security and railroad retirement beneficiaries to use the IRS's "Non-filers: Enter Payment Info Here" web tool by Wednesday at noon EDT to provide the IRS with information about their children. The agency said that SSI and VA beneficiaries have some additional time beyond that deadline because their automatic payments will be made at a later date.

People who do not promptly provide the IRS with information about their eligible children will receive only $1,200 in the near future and would receive the additional amount amount of $500 per child upon filing a 2020 tax return next year, the agency said.

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