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Social Security and VA under Trump as usual Chaotic but I have researched and found about Stimulus

2 min read

I read one thing on IRS.gov that is still in a state of confusion and found even less on VA.gov but I did find this dated today from the Dept. of Treasury.

home.treasury.gov/…

WASHINGTON – 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.  

“We want to ensure that our senior citizens, individuals with disabilities, and low-income Americans receive Economic Impact Payments quickly and without undue burden,” said Secretary Steven T. Mnuchin. “Social Security recipients who are not typically required to file a tax return need to take no action, and will receive their payment directly to their bank account.”

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.

The confusion seems to be coming from Veterans receiving pension and there is a difference in pension and compensation for disability.  The confusion also seems to be coming from SSI receipents and SSD or Social Security Retirement.

Stay tuned…Same chaos…..different day.  Good Luck.   

This is all I know.

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