With the onset of a global coronavirus pandemic in the early months of 2020, it became clear very quickly that this outbreak was going to be very different from ones we’ve seen in the recent past.
The COVID-19 virus is very contagious and seems to spreads very quickly within communities. To help stop the spread there have been global shutdowns on commerce, schools and even national borders.
In our area schools have shut down for weeks, and there is talk they won’t reopen again this year. Restaurants, bars and shopping malls have all been closed indefinitely. There are constant reminders to wash your hands and to put in place “social distancing”.
While the shutdown is probably necessary to help stunt the spread of the virus, it has hurt a lot of people financially.
Small and large businesses alike are struggling with cash flow. Regular people are having their hours cut or even losing jobs because businesses can no longer keep their doors open with no customers.
Leaders in Washington, D.C. knew that something had to be done to help.
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Coronavirus Relief Bills And Aid Packages
As the virus began to spread politicians decided to pass a series of aid and relief packages to provide funding for medical necessities like coronavirus testing, lower costs for some treatments and aid to affected workers.
Here’s the aid packages that have passed so far.
Coronavirus Aid Package – Phase 1
The first phase of the coronavirus legislation was a $8 billlion package of emergency spending that passed in early March 2020.
The package boosted funding for testing of the virus, money to help pay for vaccines for those who can’t pay (when a vaccine becomes available) and help to lower costs for medical expenses related to the virus.
Coronavirus Aid Package – Phase 2
The second phase of coronavirus aid, The Families First Coronavirus Response Act, was signed into law on 3/18/2020. It passed by a bipartisan vote of 90-8, and is estimated to cost just north of $100 billion.
The legislation provides paid sick and family leave for some U.S. workers impacted by the illness, free testing for many, expands on existing unemployment assistance, increases spending on health insurance and adds $1 billion in food aid.
Coronavirus Aid Package – Phase 3 – Stimulus Checks
The third phase of coronavirus aid, the Coronavirus Aid, Relief and Economic Security (CARES) Act, has now been signed into law by President Trump on 3/27/20. Here’s to hoping that the stimulus measure can finally help individuals and businesses devastated by the Pandemic.
Among the things included in the nearly $2.2 trillion phase 3 of coronavirus aid packages is stimulus checks, or direct payments to Americans:
- Individual taxpayers who earn $75,000 in adjusted gross income or less would get $1,200. Qualifying children (children 16 or under) would add an extra $500 each.
- Joint filers who earn $150,000 in adjusted gross income or less would get $2,400. Qualifying children would add an extra $500 each.
- Once the thresholds in income are reached for single and joint taxpayers, the stimulus amount would start phasing out by $5 for every additional $100 in income, until it reaches $99,000 (or $198,000 for couples). For example, if a single filer made $76,000 in adjusted gross income ($1,000 over the limit, but under the $99,000 phaseout limit), their stimulus would be $1,150, with a reduction of $50 ($1000/$100=10*$5=$50).
- Stimulus checks would completely phase out at $99,000 in adjusted gross income for single filers, or $198,000 for joint filers.
So the stimulus payments will be $1,200 per adult and $2,400 per couple in the U.S. and an additional $500 for each qualifying child.
Recent Labor Department data shows that the median weekly earnings for full-time workers was $936, so the individual payments would be just slightly more than an average week’s pay.
As mentioned above, some high income individuals will not receive a check based on the bill that was signed into law. The income cutoff starts at $75,000 ($150,000 per couple), and checks would be phased out completely for those who make $99,000 or more, or $198,000 per couple.
Initial reports are that those income numbers will be based on 2019 tax returns if you have filed one by the time checks go out. If you haven’t yet filed for 2019, however, the 2018 tax return will be used. Benefit checks will be sent to the address listed on your tax return.
In addition to stimulus checks, the final measure includes a big expansion of unemployment benefits, extending unemployment insurance by 13 weeks. There would also be a 4 month enhancement of unemployment benefits.
The IRS has published a page detailing some further details about the stimulus checks. Check it out for further details.
What Else Is In The Stimulus Package?
$500 billion in stimulus checks aren’t the only thing included in the stimulus package.
- $250 billion in expanded unemployment aid. Unemployment insurance is extended for 4 months, and given a bump in the maximum benefit by $600 weekly. Eligibility would be expanded to cover more workers as well.
- $500 billion to be used for loans and assistance to companies, including $50 billion for loans to U.S. airlines.
- $367 billion in aid for small businesses.
- $240 billion for hospitals and other health care providers for equipment and supplies among other things.
- $150 billion for state and local governments.
There are also transparency and restrictions put in place on the bill. Among the protections:
- Any company receiving a government loan would be subject to a ban on stock buybacks through the term of the loan plus one year. There would also be limits on executive bonuses and provisions to protect workers.
- The Treasury Department will have to disclose terms of loans and aid to companies, along with there being a new Treasury Inspector General to oversee the lending program.
- Language was included to bar any business owned by elected members of congress, heads of executive departments or the executive branch from getting loans from the Treasury.
What If I Don’t Typically File A Tax Return? Will I Get A Payment?
If you don’t file taxes typically, you can still get the stimulus payment. In order to get the payment you’ll likely need to file out a simple application on the IRS site so that they have your payment information. Do it here:
Non Filers Enter Your Payment Information Here
Who are people that typically wouldn’t need to file and that will need to fill out the IRS form?
- If you didn’t file in 2018 or 2019 because your gross income was under $12,200 ($24,400 for married couples). This includes people who had no income.
- Those who weren’t required to file a 2018 or 2019 federal income tax return for other reasons.
People who receive the following types of benefits will not need to fill out a form since the government already has their information:
- Social Security retirement benefits
- Social Security Disability Insurance benefits
- Railroad Retirement and Survivor Benefits
If, however, you receive those types of benefits and have a qualifying child under age 17, you can still fill out the form and get the $500 payment.
When Filling Out The Form, What Information Will I Need To Provide The IRS?
Information you will need handy in order to fill out the IRS “Non-filers” form to receive your payment.
- Full name, current mailing address and an email address
- Date of birth and valid Social Security number
- Bank account number, type and routing number, if you have one
- Identity Protection Personal Identification Number (IP PIN) you received from the IRS earlier this year, if you have one
- Driver’s license or state-issued ID, if you have one
- For each qualifying child: name, Social Security number or Adoption Taxpayer Identification Number and their relationship to you or your spouse
Is The Stimulus Check A One-Time Payment?
The bill does say the stimulus payment is a one time lump sum payment.
There is always the possibility that a second stimulus payment could be passed later in the year if things don’t get better. In 2008 a second stimulus check was talked about, but never passed.
At this point it’s one payment.
Check out our article that talks about the possibility of a second 2020 stimulus check.
What Should I Do If The IRS Doesn’t Have My Direct Deposit Information?
If you filed your taxes in 2018 or 2019 and you entered your bank account information to do a direct deposit of your refund, the IRS should have your information on file.
If your bank account information has changed, or you haven’t filed for those years yet, the IRS has released this guidance:
In the coming weeks, Treasury plans to develop a web-based portal for individuals to provide their banking information to the IRS online, so that individuals can receive payments immediately as opposed to checks in the mail.
The IRS’s web-based portal that you can enter your banking information online so you can receive your payment quicker is now live.
They are saying to use the “Get My Payment” application to check your payment status, confirm your payment type (direct deposit or check) and enter your bank account information for direct deposit if they don’t have any information on file and they haven’t sent your payment.
NOTE: If you owed taxes in 2018 or 2019 and entered your bank account information to pay taxes (you didn’t get a refund), that information cannot be used to deposit your stimulus payment. Here’s what the IRS said in their FAQ:
The account information used to make an electronic payment to the IRS cannot be used as the account information for the direct deposit of your payment. If we do not have bank account information for you and your payment has not been processed yet, Get My Payment will allow you to submit your bank account information once you have properly verified your identity so that you can get your EIP via direct deposit. Otherwise, we will mail your payment to address we have on file for you.
So make sure to enter your information via the “Get My Payment” portal if you owed taxes in 2018 or 2019 as they still need your bank routing number and account number.
NOTE: Originally the portal was not working for everyone, but the IRS has updated the Get My Payment portal with new data and it is working better now.
When Can You Expect Your Stimulus Check?
Households that qualify for a stimulus check (or direct deposit) should now be receiving their stimulus payments if they opted for the direct deposit. There were reports of the first people getting checks around 4/11/20, and most people started to see their deposits around 4/15/20.
If you’re not seeing your economic impact payment yet, there are a lot of reasons why your stimulus payment isn’t showing up.
Economic Impact Payment Release Schedule For Paper Checks
In 2008 when a stimulus check was sent out, it took almost 2 months for the government to start getting paper checks sent out. This time around it will probably take quite a while as well. The Washington Post talked about an internal memo where the IRS detailed how they’ll be sending checks out. They will send out 5 million checks a week, with lower income folks receiving checks first. The release schedule looks something like this:
- Earn $10,000 or less – April 24th
- Earn $20,000 or less – May 1st
- Earn $30,000 or less – May 8th
- Earn $40,000 or less – May 15th
- Earn $50,000 or less – May 22nd
- Earn $60,000 or less – May 29th
- Earn $70,000 or less – June 5th
- Earn $80,000 or less – June 12th
- Earn $90,000 or less – June 19th
- Earn $100,000 or less – June 26th
- Earn $110,000 or less – July 3rd
- Earn $120,000 or less – July 10th
- Earn $130,000 or less – July 17th
- Earn $140,000 or less – July 24th
- Earn $150,000 or less – July 31st
- Earn $160,000 or less -August 7th
- Earn $170,000 or less – August 14th
- Earn $180,000 or less – August 21st
- Earn $190,000 or less – August 28th
- Earn $198,000 or less – September 4th
If you want to make sure you get your money as fast as possible, it’s recommended to go with a direct deposit of your stimulus payment, versus waiting for a check in the mail. The IRS will probably use the same bank information that you used with your most recent tax filing, but as with everything with this stimulus, details will be finalized once it’s signed into law.
Make sure that you have filed your 2018 or 2019 taxes, as they will get your most recent deposit and address information, and calculate how much you receive, using those numbers.
The bill also allows the Treasury to use the information from your 2019 Form SSA-1099, Social Security Benefit Statement or Form RRB-1099, Social Security Equivalent Benefit Statement since those receiving SSI or SSDI are eligible for a check.
If you think that the IRS doesn’t have the correct address information on file for you, you may want to make sure to you either file taxes for 2019 with the correct information, or file a change of address form with the IRS.
Is The Stimulus Check Taxable?
The check is a refundable tax credit, which basically acts like a refund that you get in advance of doing 2020 taxes.
When you file your 2020 tax return the IRS will compare your income numbers to those from the 2019 or 2018 return. If your income was lower than expected and you should have gotten more than you did, you’ll get a additional refund. If the income numbers on your 2020 tax return are higher than expected, as written it doesn’t appear that the stimulus would be clawed back.
Since the check is a refundable tax credit and is not earned income it is not considered taxable income.
If I Claim My Child As A Dependent Will They Get A Stimulus Check?
Parents who claim their child as a dependent may or may not see an extra $500 added to their check for each child. It all depends on if their child is a qualified dependent child, using the same test as is used to receive the Child Tax Credit. That means the child must be 16 years of age or under at the end of the calendar year.
Children can still be claimed as dependents at 17 or older on taxes, but no stimulus check will be received for the child by the parent if they’re over 16.
By the same token, no one who is claimed as a dependent on someone else’s return can receive a stimulus check. So even if your 18 year old has a job and filed taxes, if you claimed them as a dependent on your return they will not receive a check.
Are Social Security Recipients Eligible For A Stimulus Check?
In the original bill it was proposed that some low income and Social Security recipients would receive only $600. That was modified in the final bill so that Social Security recipients and all others who qualify would receive the full $1,200 per individual.
If you receive Social Security benefits but didn’t file taxes in 2018 or 2019, you are still eligible to receive a stimulus check without a tax return based on the information available to the IRS from your Social Security benefits statement.
So if you have a Form SSA-1099 Social Security Benefit Statement or a Form RRB-1099 Social Security Equivalent Benefit Statement, you would not have to file a 2019 tax return to get a stimulus check. The stimulus will be sent to the same place you receive your benefits.
UPDATE 3/31/20: As of 3/31 it was announced by the IRS that some seniors and others who typically don’t file returns will need to submit a “simple tax return” to receive a stimulus payment. There has been a bit of an uproar about this, especially since it seemed like the language of the bill was saying that those who receive Social Security income wouldn’t have to file to get the stimulus. UPDATE 4/1/20: As initially thought, The U.S. Department of the Treasury and the Internal Revenue Service today announced that Social Security beneficiaries who are not typically required to file tax returns will not need to file an abbreviated tax return to receive an Economic Impact Payment. Instead, payments will be automatically deposited into their bank accounts. “Social Security recipients who are not typically required to file a tax return do not need to take an action, and will receive their payment directly to their bank account,” said Secretary Steven T. Mnuchin. The IRS will use the information on the Form SSA-1099 and Form RRB-1099 to generate $1,200 Economic Impact Payments to Social Security recipients who did not file tax returns in 2018 or 2019. Recipients will receive these payments as a direct deposit or by paper check, just as they would normally receive their benefits.
For those who do not receive Social Security benefits and who do not typically file taxes because their income is too low, they would need to file 2019 taxes in order to receive a stimulus check.
If you have low income and are worried about paying to file your taxes, there are various places that you can file your taxes for free through the IRS free file program.
What Do People Typically Do With Stimulus Checks?
So what do people typically do with stimulus checks or payments when they receive them?
In past downturns they found that wealthier Americans tended to save such payments, meaning any stimulus affect was blunted because the money wasn’t spent.
They found that lower-income Americans will typically use the payments to pay their bills, creating more of a stimulus.
According to studies done on the 2001 and 2008 stimulus payments, two-thirds of money received was spent within the first six months of the checks going out.
Due to the nature of the current crisis, I have a feeling even more people will be immediately spending their payments on things like rent, food and other essentials.
Be Aware Of Coronavirus-Related Scams
The IRS released an alert for taxpayers to be on the lookout for coronavirus and economic impact payment scams, as they are on the rise.
Among the scams are phishing attempts via email, text messages, social media and phone call. They attempt to get people to give up private information or to “verify financial information” in order to process economic impact payments, or process them faster. The IRS will not call you to ask you to verify information or provide your financial information.
The IRS is going to have a secure online portal available by mid-April for people to provide direct deposit information if they have filed but did not provide their direct deposit information in the past. If you decide not to provide your deposit information a check will be sent.
The IRS says that scammers may do the following things:
- Emphasize the words “Stimulus Check” or “Stimulus Payment.” The official term is economic impact payment.
- Ask the taxpayer to sign over their economic impact payment check to them.
- Ask by phone, email, text or social media for verification of personal and/or banking information saying that the information is needed to receive or speed up their economic impact payment.
- Suggest that they can get a tax refund or economic impact payment faster by working on the taxpayer’s behalf. This scam could be conducted by social media or even in person.
- Mail the taxpayer a bogus check, perhaps in an odd amount, then tell the taxpayer to call a number or verify information online in order to cash it.
When in doubt, please be sure to check the official guidance on the IRS site at https://www.irs.gov/coronavirus. If you fear that you may have been a victim of such a scam, you can report it via the IRS phishing report site.
Plan Ahead For A Lengthy Pandemic Shutdown
No matter how much the stimulus check is, I think it’s fair to say that experts are projecting that we could be in this coronavirus shutdown for the long haul.
With the first trials on a vaccine starting this week, they say it could be 12-18 months before a vaccine is ready for widespread public use. They’re also saying it could be many weeks to months before things calm down and start to get back to some semblance of normal.
So what can you do in the meantime?
- Listen to advice from CDC and the government: Make sure to listen to government guidance as to what to do to stay healthy and help slow the spread of COVID-19. Wash your hands often, use hand sanitizer, avoid touching your face, and avoid close contact with those who might be sick. Clean and disinfect dirty surfaces. Practice social distancing to help curtail the spread.
- Plan for contingencies: Start thinking about what you’ll do in situations brought on by the pandemic. For example, if you still need to work but have children, find out about what type of family leave policies your employer has in place. Make sure you have a well stocked pantry, and have basic medications in stock at your home.
- Start a budget: If you don’t already have a financial plan and a family budget, start one this week while you’re at home on lockdown using software like YNAB, Tiller Money or Empower Personal Dashboard.
- Save a large emergency fund: If you haven’t already, start saving as much cash as you can. If you’re still getting a paycheck, put aside as much as you can in preparation for a lengthy shutdown.
- Start earning money on the side: Even if you have a job already it might be a good time to start a side hustle, or start finding ways that you can make money online. Even just earning some money on the weekend can be key.
- Cut unnecessary expenses: Look at your expenses and see if you can cut costs in areas where the expenditures aren’t needed. Cancel unneeded services like cable TV and streaming services (especially if you have multiple). Look for lower cost or free alternatives, and maximize your money spent.
- Negotiate your bills: Work with your service providers to lower your monthly bills, either by asking for a discount, moving to a lower service level, or by dropping them all together. There are also quite a few bill negotiation services that can help you with this.
Find New Income Where You Can
While getting a stimulus might be nice, it might not be enough. It’s a good idea to try and find ways to create some extra income right now.
Here are some posts that we’ve written that talk about ways to make extra money.
- 21 Easy Ways To Earn Free Amazon Gift Cards
- 37 Easy Ways To Get Free Gift Cards
- 18 Websites To Make Extra Money Via Surveys
- 40 Easy Ways To Get Free Money Fast
- 50 Easy Ways To Save Money Every Month
- 50 Ways To Make Money And Increase Your Income
- How To Get Free Stock
- 21 Apps That Pay You Real Money Fast
- How To Sell Your Gift Cards For Cash Online
- 17 Easy Ways To Earn Free Walmart Gift Cards
- 15 Money Making Apps To Make Cash Fast
Stay Safe, Stay Home And Let’s Get Through This As Quickly As Possible!
While getting a stimulus check or direct payment from the government would be nice, truly the only thing that can turn things around is if we find a way to beat COVID-19 and get people back to work.
So let’s all make sure to stay home, practice social distancing, wash our hands and for heaven’s sake, stop touching your face!
The “In Case Of Emergency Binder” is over 90 pages of simple, printable worksheets to organize everything your family may need to know in the event of an emergency, like the current one. Learn More about the ICE Binder.
Frequently Asked Questions
We’ve received a lot of questions about the Coronavirus Aid, Relief and Economic Security (CARES) Act and how it relates to stimulus checks. We’ll do our best to answer some of the most common questions here.
How much will my stimulus check be?
The bill signed into law says that every adult individual will get a $1,200 refundable tax credit, with an additional $500 per child. The payment amount would start to phase out at $75,000 ($150,000 couple) in income, and be gone completely for those with an income of over $99,000 ($198,000 couple).
When will I get my CARES Act stimulus check?
The Treasury Department has stated that they will be trying to get them out as soon as possible, hopefully in April and May. Past stimulus checks have often taken 2-3 months, however.
Where will the government send my stimulus check?
The stimulus check will be sent to the address you used on your last filed tax return. You must have filed a return in 2018 or 2019 to receive the stimulus payment. The only caveat is if you’re receiving Social Security income or Social Security Disability Income, in which case the government will send it to the same place as your payments.
How many stimulus checks will I receive?
The stimulus check in the CARES Act is a one time lump sum payment. There is the possibility that if needed there will be additional legislation to provide further payments in the future.
Is the stimulus check subject to offset or garnishment?
The stimulus check is not subject to offset with the exception of those who owe past-due child support.
Will I get a stimulus payment for my dependent child?
If your child is a qualified dependent of age 16 or under, you will receive an additional $500 per child, similar to the Child Tax Credit. If they’re older than 16 you will not get a stimulus check for them. Also, if you have an older child who is a dependent, for example an 18 year old in college, they will not qualify for a stimulus check even if they have a job and paid taxes. No one claimed as a dependent will receive a stimulus check.
Will eligible unemployed people and veterans get a stimulus payment?
Yes on both.
Will U.S. Citizens living abroad receive a stimulus check?
Yes, as long as they are eligible based on income requirements, and have a Social Security Number.
Will I have to pay this refundable tax credit back if I make too much in 2020?
If your 2018 or 2019 income makes you eligible for the stimulus check, but you make more than the income limit in 2020, according to the Senate Finance Committee there is not a clawback provision and you will not have to repay the stimulus money. By the same token, if you see your income fall in 2020 and you become eligible, you can receive a tax credit when you file for 2020 taxes.
Is there somewhere that I can read the full text of the bill?
You can read the full text of the bill here: Coronavirus Aid, Relief and Economic Security (CARES) Act
Thanks for the helpful article. It’s good to see some clear details about the stimulus packages, and guidelines for dealing with the crisis financially. It’s much needed, considering what’s going on.
yes my grandmother who adopted me lives with me and I claimed her on my taxes as a dependent she draws social security does she get a check
No i do not think you will get one considering the bill reads that they must be 16 years of age and under to qualify for the dependent part of the stimulus.
The stimulus doesn’t mention the age limit. My mother is 86. Will she be receiving a check?
I would assume so, the only limitation I’ve heard thus far is the income limitation – $75k or less. Of course nothing has been passed quite yet, and it’s possible the final bill will be different from what is coming out now.
From text I read in another article today 3/25/20, “Seniors, veterans, the unemployed and low-income Americans would be eligible too,” Senate Finance Committee Chairman Chuck Grassley said Wednesday.
The bill text indicates those who receive social security can collect checks: For those not required to file 2018 or 2019 tax returns because of social security benefits, tax returns aren’t required to claim the money — the government can use information from a Form SSA-1099, Social Security Benefit Statement, or Form RRB-1099, Social Security Equivalent Benefit Statement.”
Previously there was a provision that some low income Americans wouldn’t receive the check, but that was dropped from the most recent version. Of course since it still hasn’t passed, the final bill is still up in the air.
So the middle class gets screwed again 75K threshold for single and 150K for family.
Another shaft in the Middle Class – thanks Dems
Umm actually if your single making 75000 u still get a check that’s pretty high. And 150000 u still get a check if married again thats over one quarter of a million in 1 year again pretty high. No one is complaining
The only group that should be complaining is the single people making above the $75K number. Once again they get screwed. They pay the highest percentage income taxes per income level, they use the least amount of government expenditures, they get no discount on school taxes despite no children, and now they get little to no stimulus, while their marred counterparts get $2,400. Consider this, a single person making $100K gets zero. OK, lets say that is fair. But, his coworker making $100K, plus his spouse making $48K per year both enjoy an upper middle class income of $148K per year. Now consider that the married couple also have no children. I would argue that the married couple making 148K is financially better off, and has a higher standard of living than the single person making $100K, yet the single person gets $0, and the married person sitting in the cube next to him gets $2,400 just for being married. Sure, that’s fair…not. By doubling the married allowance they effectively included huge swaths of married people getting a full payout that have equal or better standards of living than their single counterparts who get nothing. They should have called it the marriage bonus bill instead of the stimulus bill. And as far as $75K for single being “that’s pretty high”, consider that a typical blue collar factory worker in the US now pulls in $50-65K easily. Times have changed.
I‘m a retired American living in Germany. My pay is within the guidelines to get a check. Will I get one living in Germany?
This is what I want to know to.
I am a disabled veteran living in Germany, do I get the stimulus payment to.
One requirement is that you have a Social Security Number. If you have one of those, I would assume you’d get a check as long as you met other criteria. In the past when stimulus checks were sent out, U.S. citizens living abroad did receive them.
My daughter is a stay at home mom, her ex husband was hurt an unable to work or pay child support… will her an kids get stimulus money since she has not paid taxes for a few years
My understanding is that if taxes have not been filed for 2019 or 2018, that she would have to file for 2019. From one article:
“The Senate bill as written would require these people to file 2019 returns to get their coronavirus checks. ”
If her income is low, it’s likely she qualifies for free-file tax filing options.
Will my grandson get a stimulus check I am his payee for disability
I have been wondering the same thing. I am the payee for my son and wondered if he would get more for this months payment, but the normal amount was deposited into my account today.
Will people on Disability receive a stimulus check?
That’s such a great question. Raymond! My parents are in that category and so is my disabled son…I hope they won’t be left out because they don’t work/pay taxes since these are some of the people that need it the most. Take care!
It appears that low income seniors, people on disability and others with low or no income will be eligible. From another article:
“Seniors, veterans, the unemployed and low-income Americans would be eligible too,” Senate Finance Committee Chairman Chuck Grassley said Wednesday. The bill text indicates those who receive social security can collect checks: For those not required to file 2018 or 2019 tax returns because of social security benefits, tax returns aren’t required to claim the money — the government can use information from a Form SSA-1099, Social Security Benefit Statement, or Form RRB-1099, Social Security Equivalent Benefit Statement.“
Hello!
I remember the stimulus checks that were previously given by other administrations and if I recall these payments had to be repaid the next tax season out of your refund or owing more if you owed taxes…do you think this would be the case with these stimulus payments? Thanks and stay safe!!! :)
I believe the bill that passed has the payments as direct cash payments, a refundable tax credit, that doesn’t need to be repaid.
Hi, have you heard reports of stimulus checks paid to people are going to have to be paid back from future tax refunds? i saw a report from Electionopinions.com Not sure how credible it is ? Thanks for any help & for an excellent article.
I don’t believe stimulus checks will need to be repaid from future tax refunds, they are a refundable tax credit above and beyond your normal taxes.
My income for 2018 was too high for the stimulus check but my income for my 2019 return would fall under the guidelines. Why not use the 2019 tax filing as some people’s income may have decreased in 2019? (I was laid of in 2017 but got a severance package that ran into a portion of 2018 that pushed me over the limits).
My income in 2019 was substantially smaller than 2018. I have already filed my taxes for 2019. I feel like I am being losing out on something I deserve.
They will base your check on your 2019 tax filing if you have filed it. Not to worry.
Your 2019 taxes should be used to calculate your check. You should be good to go.
I want to see a break down on everything that is getting money from this. Early lists showed museums and Planned Parenthood getting money from this. Plus anyone thinking this is free money is wrong. It will be coming out of the middle class in taxes. Eventually there will be no middle class.
I may see if I can share the final bill’s breakdown of benefits, although I think the Planned Parenthood measure was in the House’s version of a stimulus bill, which did not pass. The Senate’s modified version was passed by both sides of Congress and signed by President Trump. To be sure there were some questionable measures included, and in the end I think the bill was not loved by everyone, but passed nonetheless. I guess it’s hard for politicians to pass up such an opportunity to ram through some of their own priorities when they have leverage.
What about 17 and 18 year olds who are still in high school and still dependents? My senior in high school has been more expensive than ever but see they are not counted.
From several articles I’ve read on the topic, the language of the bill is that “parents would see $500 for each child under age 17”. So 17 and 18 year olds would not be eligible.
Wouldn’t an 18 year old get their own $1200 check?
I would assume so, as long as they aren’t a dependent on someone else’s taxes?
Please help me understand why a 17 year old is not applicable here. They are not legally considered an adult. We as the parents are responsible for them. Most children that age have vehicles, auto insurance and cell phone bills. They should NOT be written off. They are important and have lives that matter too! My 17 year old worked last year, paid his taxes and filled a tax return and is being shunned. Really rubs me the wrong way.
It uses the same definition as is used for the child tax credit, which you also only get for kids under 17. I don’t know why that particular age is used. They can still be claimed as dependents at 17, but no child tax credit or stimulus check if claimed as a dependent.
It’s a complete oversight and it’s pathetic. At a MINIMUM those claimed dependents should be getting $500 sent to the parents. Attaching Child Tax Credit standards to this stimulus package makes zero sense. And truly, a working dependent child who has lost their job and filed taxes previously should get the $1200. This is not the time or place for the government to be finding places to “save a dime” at the expense of working teens and early twenty year olds.
I worked part time so I was claimed as a dependent on last years taxes. And because of circumstances last year I will receive nothing to help me during this pandemic this year. How is that fair. No $1200 or even $500 because I am an older adult. I am not able to work and I do not have enough hours for unemployment. This rule of how you filed last year has nothing to do with my circumstances this year!
Did you get any other clarification on this as to why? They are still dependents and children, why wouldn’t parents get credit for them if they are still in high school and being taken care of?
I can’t find anything that explains the age cutoff for the Child Tax Credit and the stimulus checks.
Will the stimulus checks to individuals have to be paid back and will they be taxable?
I think they are seen as a refundable tax credit, and are not taxable, according to latest reports. I would double check the final bill though.
Finally someone who defined “income”. I could not find that definition until you said “Adjusted Gross Income. Thank you.
Keep in mind that’s what I’m reading from news reports that aren’t confirmed yet by reading the text of the bill. Everything in this article is subject to change pending release of the text of the finalized bill.
I have been displaced before the lockdown when things started to get bad for the economy. No one was hiring and now the lock down is in place I am out of a job and not able to locate work. I lost my car insurance, defaulted on a credit card I maxed out to replace my septic system last year, and my light bill is way overdue. The reason why I was displaced was my past employer was stealing money from my paycheck instead of paying the IRS. Its my responsibility to spend 10’s of thousands of dollars in lawyer fees to sue him even though I reported him to the IRS and his crooked accountant. I need this stimulus money to pay my energy bill, get clean clothes to find work and a hair cut, stock up on food, and possibly buy materials for a side hustle I’ve been working on for a couple of months. I also need to get my car insurance reinstated so I can actually get back on track to a decent paying job.
Taxpayers aren’t the only ones suffering from this virus. Just cuz I don’t work enough to claim. Taxes and many others out there who don’t do taxes this stimulus package should include everyone older than 21 years old many who are disabled and some who are trying for disability do odd jobs to make money an with this state lockdowns we can’t get out to earn money to pay for what we need to survive so this stimulus package is a waste of funds when it only helps select people not all
The stimulus package should give the money to everyone who earns under $75,000 in income as a single filer, and folks with a low income should be eligible. It’s only people who earn more than the cutoff that would see their benefit reduced or removed. The only caveat I think is that you need to have filed taxes in 2018 or 2019, or have some other type of income (SSI, SSDI) where your information is already tracked. So if you haven’t filed taxes in the past couple years, you may want to.
If you are delinquent on a student loan –is the stimulus going to go back to the government on a recapture.
I believe the language of the bill was that offsets for overdue child support would still be in effect, but other offsets for student loans and other debts would not.
What about somebody that couldn’t work but is not on ssi? We were practically homeless and are finally in a home but there were literally no jobs. We have been signed up through workforce since 2016, Are working now but started the beginning of 2020. I was signed up for ssi until 2017 because of severe liver problems I was sick all the time but I am now able to work some and I do have a 9 year old son do you know if my family is eligible? What do I need to do
Does anyone know? IAM 54 years old just moved two months back ,and two years ago broke my right ankle was out of work for 1 year so already struggling .so I only have w2 s for last year the IRS has my old address and my old direct deposit info so unless I can some how send the my new info I will probably miss out on this money I sure don’t want to do that .does anyone know how I can get to them my new info like direct deposit info also my new address ?
I think you can go to the IRS online and enter your new address and account information to update it. A lot of people move and other information changes from year to year so I think you can update information this way. Do it as soon as possible.
The IRS has a page that details what to do to change your address here:
Change your address
Will this stimulus check be taxed? Or have to be paid back?
It is not taxable, it is a refundable tax credit that won’t need to be paid back.
Do people already drawing unemployment insurance receive the increase from the stimulus package? What about the unemployment extended period of time?
I believe they would. We will see in the final bill though.
Will anyone that has a TIN # and no Social Security number but file taxes every year qualify for the check?
I believe it is a requirement to have a Social Security Number, and several articles I’ve read have said that those with only a Taxpayer Identification Number would not qualify.
I was wondering and cant seem to find the answer, are active Military included in this Stimulus Check? Hopefully?
I believe so, yes.
Peter,
My concern is, they are using 2019 tax returns for checks. My ex husband got to claim my daughter for 2019 taxes but I have custody! I claimed her in 2018 & I have not filed for 2019 yet which I will just be single with no dependens for 2019. My concern is he will get the $500 extra for child on his stimulus check— then I will have to take him to court to try and get this money for my daughter. What time is your advice on how to keep him from getting this extra money for a child he does not even pay support on because he’s retired.
I honestly don’t know what would happen in your situation. I’d consult someone with familiarity in these types of family law, parental support situations. Sorry I can’t be more helpful. Good luck.
My 17 yr old worked last year, but was claimed as a dependent by dad. Would my son receive a check?
If he was claimed as a dependent, I don’t think he would get the stimulus check. Here’s the wording I found on another explainer article:
“If an individual is claimed as a dependent on someone else’s tax return, that individual is not eligible for a rebate check. For example, if a college student’s parent claims him or her as a dependent, the student will not receive a check. “
Will the parents get more than 1200.if children want receive a check?
If their child is 16 or under they would be able to get the $500 additional credit per child.
I was laid off in April of last year and received a 12 month severance payout which inflated my full year 2019 earnings. I have not been employed since and did not receive any unemployment payments last year or this. According to the information being published about the stimulus checks, my full year 2019 income would make my wife and I ineligible for receiving the $2400 for married couple even though I have been effectively unemployed since April 2019. Is there any process in these stimulus payouts that provides a mechanism for my wife and I getting our checks?
Since the checks are based on 2019 taxes if you’ve filed them, and you say you made too much in 2019, you likely wouldn’t get one. If, however, you make less than the income cutoff in 2020, it sounds like you would be able to claim it on your 2020 taxes and get the credit then. As always, verify with your accountant.
Thank you…
What about people who don’t make enough to even file a tax return?
They paid for decades and now on social security by direct deposit?
They need it worse than anyone!
If you have have some type of income like SSI, SSDI, where your information is already tracked, you will get a stimulus check. Those not receiving the stimulus are the higher income folks.
For those who haven’t filed taxes and don’t get SSI or SSDI, you could still file your taxes for free through one of the free file tax services.
My aunt claimed my daughter in 2019 because I was in the hospital. I claimed all my kids in 2018. Will I get the stimulus for my kids?
I can’t say for sure, It sounds like if you claim your children as dependents for 2020, but didn’t in 2019, you may not get the stimulus check now since they weren’t claimed as dependents in 2019. But you could likely file for the stimulus at tax time in 2020. There may also be a way to get it straightened out before then, but that’s unclear at this time.
i owe child support rears but i pay rears every week and they garnish my taxes every year will i get stimulus im married and we filed jointly.
The stimulus check is not subject to offset with the exception of those who owe past-due child support. So if your child support is past due, the check may be garnished.
My husband and i file jointly. He owes back child support will the garish mine and oir depends amounts also or just his?
It’s unclear at this point, I think if you filed as injured spouse you might get 50% of the stimulus, if it works how it did in 2008. They haven’t made that very clear yet, however.
So how do we find out if ours “may be garnished”?
If it gets garnished does it go to the arrears or just back to the IRS?
I called a number to check my husband’s offsets and they applied his, mine and my three kids to his back child support and we file injured spouse every year. So I guess the short answer is, your family will not see any of it ?
https://www.treasury.gov/services/report-fwa/Pages/treasury_offset_program.aspx
My husband and i file jointly. He owes back child support. Will they garnish mine and or depends amounts also or just his?
I want to know the SAME THING. seems like second spouses are forgotten in this time of need
I haven’t been able to find any guidance on that. If it works how it did in 2008 you might be able to file as an injured spouse and retain 50% of the stimulus. But they haven’t made that clear yet.
I’m pretty sure it will come down to how you filed your last tax return. Did you file with an Injured Spouse Allocation? If not, your whole stimulus check including that of the injured spouse and any dependents will be garnished. If you filed an Injured Spouse Allocation I can only assume it works the same way as the injured spouse would get their share of the refund/stimulus (meaning you had income and taxes withheld).
My child turns 17 in May 2020 does he still get a check or does it go buy 2019 tax return?
To get a stimulus payment of $500 the dependent child would need to be 16 or under by the end of 2020, since it uses the same framework as the child tax credit. So if they’re 17 in May, my assumption is that there wouldn’t be a credit for the 17 year old.
Why didn’t he pay his obligation to his first family if he’s had years to do so? He’ll do the same to your children if he decides to leave, you know?
I am responding to you bc I am also married to someone who has 5 kids ..none with me and has decided to not work right after we got married so I am the sole income so I am trying to understand the stimulus payment…so fine don’t send him 1200 he didn’t earn any money anyway but I earned , pay taxes and want my portion but since I pay taxes didn’t have the option to do injured spouse( in advance his kids live out of state , the mom lets him have no contact, I have nothing to do with it, I take care of and raised my children ) and again he had no income so not my problem
I called a number to check my husband’s offsets and they applied his, mine and my three kids to his back child support and we file injured spouse every year. So I guess the short answer is, your family will not see any of it ?
https://www.treasury.gov/services/report-fwa/Pages/treasury_offset_program.aspx
Doesn’t make much sense that they’d exclude 17 year olds. I don’t know why they decided to go by the Child tax credit standards. They’re at the priciest age- eat the most, rack up utility bills most, etc. I’d think it’s the families with kids under three or over 15 that need the most help.
So my son who was 18 in 2019 and turned 19 this year who works and files a tax return but I claim him as a dependent because he is in school and lives at home doesn’t qualify for any type of stimulus payment? That’s a huge group of young people who are being totally overlooked and left out of this. They dont qualify for their own payment and they dont qualify for the $500 to the parents that claim them.
Have you read anything about a college aged child who is claimed as a dependent on 2018-2019 taxes but will claim themselves (graduated and has a job in 2020)? Will they be eligible for the 2020 “tax credit / true up” based in their 2020 filing status?
My guess is that they’ll be able to claim in on their 2020 taxes, but probably won’t get one now since the check is sent out based on the filing of 2018 or 2019 taxes?
Thank you. That’s what I am hoping. Definitely won’t get one now but hope to get the credit when filing for 2020.
Working freelance contract jobs due to struggles with untreated anxiety and depression so despite making payments, I am behind on child support which immediately makes me ineligible for any of the stimulus assistance. I already have my driver’s license suspended and now it appears I’ll be homeless soon. People behind in child support are still people and our children are being claimed by the parent with custody…people with past due taxes and government debt are being given support. Being a veteran who has had difficulty even starting to find out my eligibility for VA assistance while struggling with mental health issues, and haven’t been able to work in my field because of those concerns, and the everyday worthlessness I feel that I have fallen behind in those payments despite knowing my ex remarried well, my child is healthy and happy along with her siblings from that marriage. I’m scared and maybe I don’t deserve to make it through this coronavirus pandemic. My anxiety turned me into an isolated recluse but what the hell can people like us do now?
Nothing. We have to sit here and suffer through it without help because we’re “dead beats “. Most ridiculous thing I’ve ever seen.
I feel your pain on this…. as I too owe back support and my license are also suspended because of it. I don’t know how they expect you to ever get ahead, or even have the ability to catch it up when they know not having a license puts a great burden on getting to and from a job! My husband generally files injured spouse so he at least gets the refund he is owed. However, doesn’t look like that’s going to be the case with the stimulus check. Very depressing during already depressing times.
I am a retired woman who collects $i225/mo am the legal guardian of my17 yr old grandson in high school… My 45 yr old son is disabled for over 2 years and filed for SSI 2 years ago and his case is pending… Therefore I am supporting the 3 of us on just the $1225. It seems that my grandson nor my son will get anything.. I barely cover the rent for my 2 bdrm apartment and never enough money for groceries or expenses for grandson’s school expenses.. I appreciate getting the $1200 but feel that my son should be eligible but he has not had any income and has not had any earned income for 3 years so no tax returns filed… Technically he is considered homeless..
I don’t think there has to be earned income. He can still file for taxes and get the stimulus I believe. If there is no earned income he may qualify for one of the free file program’s free tax filing software. Something to look into.
If you got direct deposit on a emerald card from your taxes in 2019 will the check from the government go on my emerald card or will I have to wait for a check
From what I’m reading in different places you will likely get a check if you got a refund on a prepaid card. The government will send a notification out after the payment is sent letting you know where it went.
I have a question what if your child support is being taken out of your taxes do you get the check then
Nope you’re in the same boat as me. Was in the military years ago when I was 18 feel behind because simply put military pay isn’t much so flash forward with interest and I am in this boat and have been for over 20 years. I gave up on my rights since you have none when you fall behind and everyone labels you as a deadbeat even though I have and continue to pay on adult children and look forward every year to getting my taxes and bonus checks taken. Welcome to the life of a constant payer the state needs you to get them hefty kickbacks. Want to own a car or a home? Think again. Also they will falsely report to credit bureaus that you haven’t paid for many months on end thus messing up your credit as well and when you show proof to the credit bureaus of documentation of payments they will do nothing because its the state. The rabbit hole goes further and further the years that pass by. Ill be dead before I am ever free of these chains called child support. GL and hope you have a stash sitting someplace during this time of need. Shoot even those who owe debts for credit cards, student loans, and even back taxes get a check. You and I though are dirt..
If you are on good terms with the person that it is being paid to. You could ask them to cancel the support and wipe the slate clean.
Believe you might be confused including so much information regarding SSI. I read through the legal thing posted on the congress site, the only thing it mentions is same stuff that is has been vague all week. It truly sounds like those on SSI and SSDI are out of luck. In that document it references SSA-1099 form, which SSI does not have that form available.
The “Social Security Equivalent Benefits” is talking about Railroad retirees who file the RBR-1099 form. The only two listed is Social Security and Railroad. As stated on the SSA Gov Fact Sheet:
SSI is “The program is paid for by general tax revenues — not from the
Social Security trust funds” it’s welfare and non-taxable income and not to be confused with “Social Secuurity Equivalent Benefits (SSEB). It’s likely people who collect this each month are SOL.
There is no reason; if what you say is true, that the SSI recipient cannot file 2019 tax forms and therefore not be SOL. Am I correct? you are right so vague.
I would think that the IRS could and may (this year only) require the SSA to “send over” an internal SSA-1099 for each SSI Recipient who is also an American Citizen. This would reduce filing costs and delays. I don’t think Anyone on SSI makes over $75,000.
My nephew is claimed as a dependent on his Dad’s income taxes and he’s 23. However, he draws SSI Disability. Will he be receiving a stimulus check?
I don’t believe so if he’s claimed as a dependent.
I have two toddlers and my ex doesn’t pay child support or help with things when they are with me in anyway but he has claims the kids every year but the kids live with me who would get the help? Would he get it or would I get it.
I would talk to a family law specialist about a situation like that. I would assume if the kids live with you, you should be able to claim them on your taxes? Sorry I can’t be more helpful.
My sister was going threw the same thing she had to call the irs and prove that the kids where with her for more the 6 months. Wish you luck.
I am a veteran and caring for his my during school. Can I get unemployment. I am not paying child care which I cannot afford.
I’m not clear on what the question was, but there was an extension of unemployment insurance and benefits passed as a part of the stimulus measure. I would check with your local agency to see if you now can get benefits.
I disagree with the decision that college students that parents claim are not eligible for the stimulus check, but they work and file there own taxes, they’re just living at home. Will They Quality For The 500.
If the child is under 17 they can claim the stimulus check. If they’re over that and claimed as a dependent, neither the parents or the college student would be able to receive a stimulus check. If the parents don’t claim them as a dependent, and they don’t qualify as one under the law (full-time student under age 24, live with you for more than half the year, you provide more than half their support, etc), I believe they would be able to claim the stimulus.
While I understand the response to the 17 year olds and college kids at home and it is clear no check for the above individuals of which I have two. It is a serious flaw that should and could be remedied. We all need to address our local congress for change through contacting them thank you. We are in quarantine of sorts so can find the time make some calls.
Not sure you’re right about this. I have a 19 year old and a 21 year old both of whom earn money. Nevertheless, since I CAN claim them as dependents I believe they are disqualified even if I don’t ACTUALLY do so. The IRS states:
“Taxpayers likely won’t qualify for an Economic Impact Payment if any of the following apply…. You can be claimed as a dependent on someone else’s return. For example, this would include a child, student or older dependent who can be claimed on a parent’s return.”
The operative term being, “can be.” I would love to get them a check, however as an Orthodox Jew I believe it’s not in keeping with the letter of the law, not to mention its spirit. Your thoughts?
I’m sorry if my wording up above isn’t the best. I believe you’re right. If someone is eligible to be claimed as a dependent by someone, I don’t believe they would be eligible to receive an economic impact payment.
Whether they are qualified to be claimed as a dependent would depend on the tax law criteria stated by the IRS like age, whether they’re a student, whether you provide more than half their support, etc. See the link in my above comment for details on that.
Hi I filed jointly with my husband on our taxes this year and found out he owed back child support to his ex wife , the irs took that money and I believe he still owes more ! Would I still get a stimulous check for me and my children even if they take his portion ?
They haven’t really said how this would work yet, but in 2008 if you filed as an injured spouse you would be able to keep 50% of the stimulus. Not sure if that’s going to be the case for the 2020 stimulus, but we’ll see.
I am a disabled veteran I do not work and I only get VA disability. I haven’t done my taxes in a few years. Will I need to do my taxes to get a stimulus check.
My guess is that you’ll need to file taxes. Here’s the IRS guidance that they released on 3/30.
Veterans on disability only don’t have earned income. There is no tax form that they can fill out.
The current guidance as of 4/7/20 is that you do have to file a simple tax return to get a check if you do not receive a Form 1099-SSA or RRB equivalent, regardless of income. Hopefully they will get that sorted out soon and the simple tax return will no longer be a requirement, similar to those who get Social Security Income.
My ex owes child support so he won’t be receiving his stimulus check. Will I receive it it instead?
I’m married and stay at home my spouse works , I owe back childsupport. We have one dependent together. Will my spouse and dependent still receive their part of the stimulus?
What if your husband owes backed child support that was acquired before you got married and you file injured spouse every year with your taxes? I am the only one with income, will I still get my portion and the portion for my dependents?
I really wish someone had an answer to this. I am in the exact same boat. My husband just started working again last month after 7 years of me being the sole provider. I filed the injured spouse form with our joint return for last year since I was the only one with income. I know they will intercept his $1200.00 but it would be very unfair if they took the $1700.00 belonging to me and my 11 year old.
My husband owes back child support- will just his portion be taken for his offset? Will I receive my portion and our childrens portion?
I don’t know the answer to that yet, if it works like it did in 2008, you could file as an injured spouse and keep 50% of the stimulus, but I don’t think they’ve release clear guidance on this yet.
I have child support arrears only. Being retired, I give 60% ($1452) a month from my S/S benefits towards those arrears . Who would I contact by mail or fax to find out if I can get my stimulus check and not diverted to child support collections. Your answer would be of great help. Please email me. Thanks
No-One
I am wondering….what if I changed my checking account that my refund went to. Will there be a place to change that information? Will they automatically send to a check to my address?
There are companies that have stated that they will deduct the amount of your stimulus check from your regular pay, in order to ease the burden on their payroll. Is this allowed?
That sounds sketchy, it sounds like the company is on thin ice financially and is grasping at straws to get out of paying payroll.
I already filed my 2019 and had to file injured spouse. Will I still get a stimlus check?
Maybe? See below where I talk about how for those who filed injured spouse with the 2008 stimulus, they received 50% of the stimulus. Not sure if that’s how it will work with this one.
What about injured spouse when filing.The stimulus check being offset due to child support by husband past due child support payments???
I can’t find details about this yet, but if it works like the 2008 stimulus payments the injured spouse would be able to claim 50% of the stimulus payment. It remains to be seen if the 2020 check will work that way as well.
Hi there! I have a quick question on the stimulus checks – I file married jointly, but do an injured spouse form to protect my portion of my federal refund from being taken for my husbands prior back child support. Will I have an opportunity to submit something like an injured spouse form to protect my portion of the stimulus relief? Thank you. Sending continued health your way!
I still don’t know how this will work for those who are married filing jointly with one spouse owing back child support. The stimulus check for those who owe back child support will apparently be offset, but it isn’t clear if their spouse can file as an injured spouse and keep their portion. With the 2008 stimulus payments they calculated it that the injured spouse would keep 50%.
It remains to be seen if that is how it will work this time as well. Here’s a link to where they discuss it.
If ur ex owes thousands in child support will u get the 1200 they were getting or no
I have a few questions that I cannot find the answers to anywhere. I pay child support arrears and not current since my now 17 year old son moved in with me on July 2019. I receive both ssi and ssdi. They garnish 125 from my ssdi which leaves me with 438 I also get 241 from ssi. I have two daughters ages 12 and 8. My 12 yr old gets ssi as well. I receive form Ssa 1099 every beginning of the year. I also have my spouse who can’t physically or mentally work and got denied disability even though he was on it before ( terminated 2015). My question is will they garnish all the stimulus to pay back the child support arrears or will my 2 daughters and spouse get their share. I wouldn’t mind if they take my portion and sons but how can they take it away from my spouse and daughters to give to someone else. I mean can’t something be don? How is this fair for them? Please let me know if you have more information in regards to these questions. Your help would greatly be appreciated.
Hi. I’ve been reading down through the comments…my husband and I file jointly and in 2017 and 2018 we filed the injured spouse bc he owes back support but somehow this year we missed it with our accountant. We received the letter that the IRS had taken our refund so I quickly had them file the injured spouse form. This was mailed to them on 3/25/20. Do you think this will make it in time for them to see we have filed the injured spouse ? Should I call? It’s not fair for me and my children to pay his back support. How can they take ours too if they do??
What about those that owe back child support? Will it go towards them or there child support? I have heard many different things.
I’m sole provider and have a fiancé that is a stay at home mom. Was under the 75,000 for last year. Was able to claim head of household and her at a dependent plus my other two kids. Would I be getting a check for her? Or would she have to file something else? And how would I go about my newborn that was born in feb??
Who is considered to be eligible unemployed?
How do you track whether or not you got it in direct deposit? I’m disabled so there’s that dynamic to it. And obviously would like some idea how fast or slow it went in. It said it goes in automatically for those on disability, does that mean almost right away or the within three weeks time frame? Thank you.
The wording on the IRS site is, “The distribution of economic impact payments will begin in the next three weeks and will be distributed automatically, with no action required for most people.” It sounds like they are working to ramp things up right now, and they should start going out within the next 3 weeks. But it is kind of vague as to an exact date, or which payments to which people. I don’t know if those on disability or Social Security will get them soon, or if there is more work involved for those. I would just keep your eye on your checking account balance if you’re expecting a direct deposit. If you’re expecting a check, it will likely take quite a bit longer.
If you owe back court fees and fines will you still be eligible for the stimulus payment
I believe you will. The only offsets still in place are for past due child support.
You know this is some bs My 20 year old is a full time college student who I aid financially so I get nothing I have one 18 who still lives at home I get nothing I have one 17 who lives at home and works but I still claim again I get nothing then my 2 grandchildren I also support so out of 5 children I care for in my home my husband as the sole provider who Is laid off I MIGHT get credit for 2 of them so that’s 3 adult individuals in my house getting no stimulus so where’s all that money going??
My daughter has not filed income taxes because she has a child with a medical issue and collects disability. She also has a son age 16. Does she qualify for the stimulus check?
Very important!! My mom is disabled and receives disability. We reside in the same household and I’ve claimed her since 2003 until present. She doesn’t receive any taxable income but once she learned of the stimulus check she is in fear that she will not receive it and is threatening to contact the irs but I provide half of her support. Will she still receive the check through her ssi or will I receive it for her since i claimed her as a dependent or did i mess her up by claiming her this year bc of the check? It’s very stressful and need some answers please
My daughter did the same with me. Will I get a check? I collect SSD and my daughter has claimed me in her taxes for 2 years. Will someone please answer if we will get a check or not. Thank you
My granddaughter just turned 21 last year. She has been a student for last 3 1/2 years in a state university. She is now waiting to apply to medical school and is working for a dr office pending fall acceptance. She is claimed on her parents taxes since they help her with tuition. She told me her parents will not get a check for her due to her age, and she will not qualify because she is claimed on her parent’s taxes.
She really could use the money as she is paying hundreds for application fees to various medical schools.
What can she do to be a beneficiary of this stimulus?
If she’s claimed by her parents on their taxes, and she’s over 16, then she is out of luck unfortunately. The only way would have been for them to not claim her on their taxes, and then have her claim the stimulus herself, but it sounds like that ship has sailed.
Will i get the stimulus check for my kids that have been living with me since last year in july but i didn’t claim them on my taxes last year?
My understanding is if you didn’t claim then on your 2019 taxes, that it’s likely you wouldn’t get the stimulus payment now. When you file in 2020, however, if you claim them then, I believe you would get it then, as long as they meet the criteria (16 and under as of 12/31/2020).
So my 17 year old son that has a social security number will not get the check is that right
It uses the same criteria as the child tax credit, which is 16 and under to receive the credit by the end of the 2020 tax year. So if they’re 17 already, they would not get the stimulus.
Hello! I am 17 years old, and filed taxes for the year of 2019. I live with my disabled grandparents, and since they don’t have income, they don’t file taxes, and didn’t claim me as a dependent. Will I still receive the check for my family, or will the bill leave me out?
I’m not sure if this question has a solid answer.If you’re above 16 and claimed as a dependent, you definitely would not get a stimulus check.
The question is whether you are legally a dependent, even if you aren’t claimed as a dependent. If you have provided for less than half of your own support for the year (if they pay health care/food/housing/etc) then it’s possible you might still be legally a dependent. If you have provided at least half of your own income/support and not claimed as a dependent, then you might be able to claim a stimulus payment. I think the IRS and Congress still need to clarify this point. More of a discussion on this here.
My son is 22 and lives at home with us but is full time employed. He has filed his own taxes since he was 18. Since he lives at our home will he still qualify for the stimulus check?
It depends on if he’s claimed or qualifies as a dependent. If you didn’t claim him as a dependent he may qualify for the stimulus. If you did claim him he wouldn’t get a check.
In regards to the stimulus check and back child support, what happens if you receive Social Security Disability but filed jointly with your wife and she claimed the injured spouse form 2018-2019 tax season?
I noticed that they’ve completely stopped talking about Veterans on VA disability that receive non taxable income and live well below the poverty line. Have they become ineligible?
No, they are eligible for the economic impact payment. The questions is, how do they receive it. Currently it appears that Veterans on VA disability or those on SSI may have to file a simple tax return. From an article on the topic.
There are a group of Senators, however, sending a request to the Treasury to have a similar process available to VA and SSI recipients to be able to just receive the benefits without filing a simple tax return. Stay tuned for updates on that.
I filed my 2019 taxes on 1/28/20. I had to file a 1040X Amended Tax Return on 3/3/20 because of an error. I was told to allow up to 16 weeks for it to process which is sometime in June. Will the IRS go off of my 2018 tax return or my 2019 tax return? Both times I signed up for direct deposit.
I have 2 children ages 10 and 16. My daughter receives SSI. Will we qualify for the stimulus check?
As long as your child is 16 through 12/31/2020, I believe they should get the $500 credit.
Can my payee who is often abusive and makes me live off of very little… can she withhold from me my stimulus money… it is supposed to be coming and I am very worried on her holding it back .. I do not think she should be able to because I also got already the money to pay the bills that after all my bills are paid.. leaves me only 100 a month to live off of… anyways she received that money and utilized it already … What are my rights..? about his.. I am sure many like me will want to know the rules about payees controlling or not controlling the stimulus check… What is she allowed to do and not allowed to do… I really need to know my rights and I have googled everywhere for info asking these questions and have found no answers … Thank You for Your time and attention…
Can you add a newborn baby to this stimulus package?
If someone else carried your child how do you stop them
Can I go by the 2018 tax table where I carry light for my kids
My daughter turns 17 in 2020 does she qualify for a check?
They need to be 16 or younger to get the $500 credit, same as for the child tax credit. So I don’t believe they would get it.
I have a question, would my 20-year old son who has never had a job but is not claimed as a dependent be eligible for the stimulus check?
I think there is some question as to whether adult children could still legally be defined as a dependent, if they meet the legal definition, even if the parent doesn’t claim them as a dependent.
Someone could be legally a dependent if they’re a “full time student under the age of 24 is also your dependent, even if they live mostly at college—-if you provide more than half their support and they aren’t married and filing a joint return.”
In that case they would not get a stimulus check. If they’re not a full time student, and you don’t provide half their support, they may be able to get a check.
My son in law claimed me on his taxes even though I was only there 6 months out of the year, will I get a stimulus check I’m on SSI and ssd
I am homeless.. My sister claimed me cause she buys all the thi vs I need it would be nice to stay at a friend’s house and give them money so I have somewhere to stay and my sister can not help me anymore cause she has her own problems..so would I be able to get a check cause I’m homeless and trying to get on as I due to my back history..plzz someone help me out send me in the right direction…thank you
My fiance claimed me as a dependent on his 2018 taxes, but not his 2019. I’m on SSi – will I receive the stimulus check?
So from what I have read, people could owe thousands of dollars to the state or IRS but if I owe money on back child support, my stimulus will go to my ex. I have filed and paid taxes all my life. I have been affected by this virus pandemic that I did not ask for but I wont see a stimulus check because I owe back support on a child that is not my biological child. Wow !!! Thanks !!!
I’d like to know if i can get a stimulus check sent to me every week because I only work one day a week some weeks and i have a six month old.
I’m 17, live on my own, and got laid off. Will I receive a stimulus check?
I turn 18 this year and I filed taxes for 2019
For the past 3 years, I have been claiming my husband & file married filing jointly. He is a disabled veteran, receive benefits from his retirement, SSDI & VA benefits. Will he receive a stimulas check in his own bank account.
my wife and son moved out our tax was file jointly and direct deposit who do i call if she decides not to give me my portion of the 2020 stimulus check which total is 2900 which 1200 i she refuses to give me my part of it.
I’m 18, did my 2019 taxes and work a full time job. I also pay bills and live on my own. Will I get a stimulus check? I was laid off for 4 weeks and think I’m just as eligible to get one as any one else who qualifies.
For the past 3 years, I have been claiming my husband & file married filing jointly. He is a disabled veteran, receive benefits from his retirement, SSDI & VA benefits. Will he receive a stimulas check in his own bank account.
My husband and I file joint returns even though he had not been working. He owes past due child support. For that reason I have always filed the innocent spouse form with our return. I know they will intercept his $1200 but will they also take mine and the $500 for my 11 year old?
I understand that people who get SSDI get the benefit but what about my Step son who lives with me and receives SSI benefits, since he’s disabled and never worked its a different payment then if he has worked and then become disabled… Do they qualify, they are not being claimed as a dependent..
(The main difference between Social Security Disability (SSDI) and Supplemental Security Income (SSI) is the fact that SSDI is available to workers who have accumulated a sufficient number of work credits, while SSI disability benefits are available to low-income individuals who have either never worked or who haven’t earned enough work credits to qualify for SSDI.)
Forgot to mention he’s 25 and has not filed taxes… Should he fill out the non-filer at the IRS.gov site
In 2019 I received a pension pay out of $65,000 from my current employer because they decided they would no longer continue to provide a pension plan to their employee’s.
That additional pension income was taxed heavily because I am 54 years old and it was reported on my 2019 tax return. Because of that additional one time pension payment, my AGI for 2019 exceeds the married couples threshold for the stimulus payment. My annual income in 2020 and all other previous years (other than 2019) is well within the range to receive a stimulus check. Why isn’t there exceptions for these type of situations included? In 2020, I am not making anywhere near the same salary as I reported in 2019.
Thank you,
Dee
My question is that my 18 year old daughter is not my dependent and recives eso she turned 18 in Feb 2020. Does she get her own stimulus payment since she’s not my dependent and has her own income from ssi???
I am a divorced single mother and my 16 year old daughter lives with her father, I am owner if I still can get the $500 stimulus money for her
My husband is unemployed ( nothing to due with COVID-19) hasn’t filed taxes he has no income however I filed married but file separately will he qualify for a stimulus check?
I receive SSI my husband is unemployed. Is his share going to be on my direct Express card ? I went to the portal and filed married jointly to make sure they know I’m married. I used a different account due the fact direct Express card has no routing number. Will he get his in that account ? Will we both get it in the other account now? Does he need to file separately or WTH? I’m not finding any info on this kind of situation at all. Also when I got SSI I got a form to child support saying I’m permanently disabled so they couldn’t take my back pay. Can I still get garnished ? I think they closed my child support case. Cuz I’m permanently disabled.
Why are dependents over 16 not eligible for any payment, whether through parents who are eligible and take care of the child, or the child herself? If I have claimed my child as a dependent, I am having to make ends meet supporting that child. This is a whole population left out of the relief, but still needing help. College age children are still part of the family who needs support to provide for them as well.
2019 my company laid me off with severance. This income puts me over the $75k as a single person. I filed my 2019 taxes before the stimulus payoff. 2018 my income was below the 75k and 2020 will be below $75k as well. Will i have to wait to file 2020 taxes to receive any benefits? I really could use the stimulus since my new job pay will be under $40k. Any ideas?
If your 2019 taxes shows you over the limit, but you’re still below the 99k limit, you would get a reduced stimulus benefit. If your 2020 income puts you back below 75k, you would likely get the rest of your $1,200 when you file taxes in 2021.
i filled a 2019 taxes but its not complete and there’s no way you can…so im wondering if im going to get the stimulus check or not…i have been Google about this over and over and cant find no info on if your tax return your not or going to get the money…also they dont got no app where you can go to complete it cant call the Irs to speak with some one…i had got an identity letter from the Irs but wasnt able to do it due to this virus so my tax return isnt finish and cant finish due to this so i dont know whats going on…i tryes using the check status for the stimulus check it keep say we not able to let you know if your eligible and it been saying that for 2 weeks but they dont give you no more information they haven’t sent me no letter to let me know whats going on am i eligible or not or what i have to do…they not saying nothing about people who are going thru the same as me incomplete tax form…when will we know or hear something…i just need to know something
I am one who will not receive a stimulus check and I don’t feel that is fair. Reason being, i had to take out of my IRA and between that and my regular earnings, it put me over the threshold. I guess this is where I trust in the Lord to provide my every need.