Social Security Recipients Will Start Getting Stimulus Checks This Week
The IRS is using information from the Social Security Administration to process stimulus payments for people who didn't file a 2018 or 2019 tax return.
Good news for seniors and the disabled: Automatic $1,200 stimulus payments for people receiving Social Security retirement, survivors or disability insurance benefits (SSDI), or Railroad Retirement Board (RRB) benefits, are scheduled to begin arriving this week. Unless you filed a tax return for 2018 or 2019, the IRS will use information from the Social Security Administration (or RRB) to generate a payment to you. (Social Security recipients will receive a stimulus check automatically if they did not file a tax return for one of the past two years.) You'll receive the payment by direct deposit, debit card or paper check—whichever way you normally receive your benefits.
For Social Security and RRB beneficiaries who don't normally file a tax return, have a dependent child 16 years old or younger, and registered using the IRS's "Non-Filers: Enter Your Payment Info Here" tool by the April 22 deadline, additional $500 per child payments are scheduled to start arriving this week, too.
If you're a Social Security or RRB benefits recipient with a qualified dependent child, but you didn't register using the non-filers tool by April 22, you'll still receive a $1,200 payment. However, you won't receive the extra $500 per child amount at this time. You can claim the additional amount when you file your 2020 tax return next year, though.
Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
(Note that you are not eligible to receive a stimulus payment if you can be claimed as a dependent on someone else's tax return.)
["6 Money-Smart Ways to Spend Your Stimulus Check","Is a Second Round of Stimulus Checks for $2,000 Each Month in Our Future?"]
Get Kiplinger Today newsletter — free
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.
Rocky Mengle was a Senior Tax Editor for Kiplinger from October 2018 to January 2023 with more than 20 years of experience covering federal and state tax developments. Before coming to Kiplinger, Rocky worked for Wolters Kluwer Tax & Accounting, and Kleinrock Publishing, where he provided breaking news and guidance for CPAs, tax attorneys, and other tax professionals. He has also been quoted as an expert by USA Today, Forbes, U.S. News & World Report, Reuters, Accounting Today, and other media outlets. Rocky holds a law degree from the University of Connecticut and a B.A. in History from Salisbury University.
-
Got $1,000? Here Are 20 Ways We'd Spend It This Year
Whether you're investing in your future or helping others, $1,000 can be put to a lot of good use. We've rounded up some ways to save, donate or spend it.
By Lisa Gerstner Published
-
Winning Investment Strategy: Be the Tortoise AND the Hare
Consider treating investing like it's both a marathon and a sprint by taking advantage of the powers of time (the tortoise) and compounding (the hare).
By Andrew Rosen, CFP®, CEP Published
-
FSA Contribution Limits Are Higher for 2025
FSA A flexible spending account allows you to build tax-free savings for certain medical expenses.
By Gabriella Cruz-Martínez Published
-
Florida Tax Deadline Extension: What You Need to Know
Tax Relief The IRS extended federal tax return file time due to severe storms.
By Kate Schubel Published
-
IRS: Here’s How to Recover Your Tax Records After a Natural Disaster
Tax Records Your tax documents can help you get federal relief faster, the IRS says.
By Gabriella Cruz-Martínez Published
-
Voters Approve New Veteran Property Tax Relief
Tax Relief Thanks to the election, some Veterans will soon see expanded property tax exemptions.
By Kate Schubel Last updated
-
Nevada Approves Diaper Tax Relief Amid Childcare Crisis
Tax Relief Nevada voters have expanded sales tax relief to diapers. But are prices still too high?
By Kate Schubel Published
-
Earned Income Tax Credit (EITC) 2024: How Much Will You Get?
Tax Credits The refundable amount for workers with or without children is slightly higher this year. Here’s what you need to know.
By Gabriella Cruz-Martínez Last updated
-
Two Consequential Tax Cases You May Not Have Heard About
The Supreme Court's decisions in these cases create uncertainty about challenging IRS regulations and guidance. Expect more litigation to follow.
By John M. Goralka Published
-
Five Cities With the Lowest Property Tax in the U.S.
Property Tax Property taxes are ultra-low in these popular metro areas, but is housing affordable?
By Gabriella Cruz-Martínez Last updated