Coronavirus Stimulus Package, Questions Answered: Your Complete Guide Part 2
Posted on: 20 April 2020
By: Daniela Bucay
This is a follow up to Your Complete Guide on the Coronavirus Stimulus Package
This week, many people received the Economic Impact Payments (aka stimulus checks) that formed the part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act that would directly benefit most Americans.
Deposit of the now-infamous stimulus checks has been spotty, misinformation has caught like wildfire, and we got a flood of comments on our original post on Facebook. We hear you, and we are here to answer the most frequently asked questions including:
- Will I Get a Check if I’m on SSI or Disability?
- What if I Don’t File a Tax Return?
- What if I Haven’t Filed My 2019 Taxes?
- What If I’m A Dependent?
- What if I Owe Child Support?
- What if None of the Above Apply to Me, but I Still Haven’t Gotten My Check?
Will I Get a Check if I’m on SSI or Disability?
Dozens of people have asked us if they were eligible to receive funds if their income came from SSI, as opposed to employment income or some other source. Yes! Per the Social Security Administration’s (SSA) blog, “SSI recipients with no qualifying children" will receive automatic stimulus payments no later than early May, in the form that they typically receive their SSI benefits.
The SSA adds that those who receive Social Security retirement benefits, survivors, and disability beneficiaries will also receive the automatic payments, starting near the end of April. The IRS will use whatever information you provided on Form SSA-1099 and Form RRB-1099 for sending payments.
For SSI recipients who have children who qualify for the additional $500 per child, the SSA advises entering your information into the IRS’ Non-Filers Enter Payment Info Here tool.
For more information on stimulus payments if you already receive government benefits, we recommend this article by Time.
What if I Don’t File a Tax Return?
If you do not regularly file taxes for some reason, but you are eligible to receive some stimulus money (i.e., you have not been claimed as a dependent), please visit the IRS’ Non-Filers page for more information and to enter the information the IRS will need from you to give you your payment, should you qualify.
What if I Haven’t Filed My 2019 Taxes?
That’s ok! The IRS will use the information from your 2018 tax return. If you made less in 2019 than you did in 2018, however, we strongly encourage you to file your taxes ASAP so that you may receive a larger stimulus check!
What If I’m A Dependent?
If you did not file a tax return in 2018 or 2019, and somebody claimed you as a dependent either of those years, it will depend on the latest tax return of the person who claimed you as a dependent. If you appear as a dependent on their most recent tax return, you will not receive a stimulus check. For more complete information on who is NOT eligible for a stimulus payment, please read this Business Insider piece.
What if I Owe Child Support?
Another frequently asked question concerns stimulus checks in the case of delinquent child support payments. Anyone owing child support will have their stimulus checks reduced by however much they owe. From what we have read, however, it doesn’t seem like the withheld stimulus money will go to the parent to whom the child support is owed.
What if None of the Above Apply to Me, but I Still Haven’t Gotten My Check?
First order of business is to visit the IRS’ Get My Payment site to find out the status of your payment. This site will have the most reliable information about the status and type of your payment, and it will also let you know if the IRS needs any more information from you.
Also, be aware that millions of people who used popular tax-filing software services like TurboTax and H&R Block have not yet received their payments. The Washington Post and other outlets report that glitches have delayed payments and caused errors, like not giving the $500 per qualifying child or having checks sent to the wrong address for a lot of people who filed their taxes that way. The IRS says it’s working to resolve the delay, but it still does not have a date on when this will be fixed.
A Final Note on Taxes
I know it’s a bit early to think about your 2020 taxes, given that many of us still have not filed for 2019, however, my mom told me this fact that I wanted to share: the expanded unemployment benefits that we covered in our first CARES guide will be taxed like regular income for 2020 tax returns, but the stimulus checks will not. That’s right, you will not have to include the Economic Impact Payments in your income tax return for 2020.
Thanks for your interest in our Coronavirus (COVID-19) related blog posts! Please keep commenting, asking questions, and letting us know what you want to read about next. You can find us at firstname.lastname@example.org, Facebook, Twitter.