The US Treasury Department has begun to issue economic
impact stimulus payments for eligible individuals. Those with
adjusted gross income up to $75,000 for single filers, $112,500
for head of household filers, and $150,000 for married filing
jointly will receive the full stimulus payment amount of $1,200
for individuals and $2,400 for married filing jointly. Eligible
individuals will receive an additional $500 for each qualifying
child under the age of 17. Those with higher adjusted gross
income may be eligible for a reduced payment.
Individuals who receive Supplemental Security Income (SSI)
benefits, Railroad Retirement/Survivor benefits or Social
Security Retirement, Survivors, or Disability benefits who do
not have qualifying children under age 17 and who are not
claimed as a dependent on another person’s tax returns will
automatically receive the $1,200 stimulus payment directly
from the IRS. These individuals do not need to register or take
any action with the IRS.
If you or your loved one receives SSI, Social Security
Retirement, Survivors, or Disability insurance benefits and have
qualifying child(ren) under age 17, you will receive your $1,200
payment automatically but will need to register to receive the
additional payment for your dependent child(ren). go to:
https:// www.irs.gov/coronavirus/non-filers-enter-paymentinfo-here and enter your information in order to avoid a delay
in payments for your dependents.
It is important to note that for those who receive SSI, the
stimulus payment will not be counted as income in the month
received or as a countable asset for the following 12 months in
determining continued SSI eligibility.
For more information about the economic impact payments in
general, please visit the following website: https://www.irs.gov/
coronavirus-tax-relief-and-economic-impact-payments