The IRS takes new steps to ensure people with children receive $500 Economic Impact Payments
Reading Time: 1 MinuteLast Updated: August 17, 2020
The IRS has extended its deadline to September 30, 2020 to provide information to the IRS using its IRS’ Non-Filer Tool if you:
- Receive Social Security retirement, survivors, or disability benefits, or SSI payments.
- Did not file a 2019 or 2018 tax return.
- Have a qualifying child under age 17.
- You did not already enter information in the IRS’ Non-Filer Tool for you and at least one child.
If you already entered information in the IRS’ Non-Filer Tool before and even after the IRS’ previously announced deadlines (April 22 if you receive Social Security; May 5 if you receive SSI), you do not need to do anything. The IRS will automatically make a payment in October based on the information you provided them.
Please read the IRS’ August 14 press release for more details.
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Tags: Economic Impact Payments, Social Security benefits
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Darlynda Bogle, Assistant Deputy Commissioner
Darlynda Bogle, Assistant Deputy Commissioner
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Arlene J.
I have a disability son and he get ssi can he get the 500 .00
Ann C.
Hi, Arlene. Please visit the Internal Revenue Service’s website here for all your Economic Income Payment-related questions. If you are unable to find the answer, call the IRS hotline at 1-800-919-9835. Thanks!
Richard E.
I have a child that was born on April 25, 2020, does she still qualify for the $500 stimulus for children?
Im on Social Security Disability for a permanent disability, does that still qualify my child for the $500 stimulus payment?
Ann C.
Hi, Richard. Please visit the Internal Revenue Service’s website here for all your Economic Income Payment-related questions. If you are unable to find the answer, call the IRS hotline at 1-800-919-9835. Thanks!
Anon
Yes, you claim her on your 2020 taxes to get the stimulus for her.
Brenda
This still doesn’t address those college-age students that were claimed on their parents tax return, and did not receive any stimulus benefits to help with their lost jobs, and rent payments. They are away from home, have apartment rental contracts and are still paying with only UI benefit checks. Being they are still required to file with us until the age of 26 if we are using their 529 college funds, this is not right and is age discrimination because they are not under 17 years of age. Where is their stimulus to help with bills?
Anon
The law that was passed in the first package stated the money for dependents was $500 for each under 17. That was their decision, no other dependent 17 or older qualified either.
Hospitals &.
Does $500 Hydrocortisone, Eucalyptus, Lavender or Peppermint (HELP) cure coronavirus? No. $500 is about one-fifth the cost of snot nosed child cremation during the 2020-2021 school year. Take the $500 and homeschool. The odds are that all children attending non-HELP schools will be chronically infected and about one percent of children could die from a germaphobic lack of official treatment for coronavirus. I am getting extremely angered by people, like you the author I am obligated to support, abusing their offices of public trust to manipulate the economy without prescribing HELP, taxing the rich and state employees to pay for COVID-19 disabled workers, end child poverty by 2024 and all poverty by 2030.
Sec. 2 of Deferring Certain Payroll Tax Obligations in Light of the Ongoing COVID-19 Disaster of August 8, 2020, is an unusual and uncodified Presidential Memorandum to the Treasury. The xenophobic blaming of China leads straight into a new form of germaphobia whereby COVID-19 is not necessary to justify relief. It directs the Secretary of the Treasury to use his authority pursuant to 26USC§7508A to defer the withholding, deposit, and payment of the payroll tax imposed by 26USC§3101(a), and so much of the tax imposed by 26USC§3201 as is attributable to the rate in effect under 26USC§3101(a), on wages or compensation, as applicable, paid during the period of September 1, 2020, through December 31, 2020. A business can defer the 6.2% employer portion of the Social Security tax component of FICA tax owed on the first $137,700 of an employee’s 2020 wages paid between 3/27/20 and 12/31/20. Self-employed workers can defer half of their liability for the 12.4% Social Security tax component of the self-employment (SE) tax for the deferral period. The business must then pay the deferred payroll tax amount in two installments: Half of the deferred amount must be paid in by 12/31/21. The remaining half must be paid in by 12/31/22. This payroll tax deferral deal is available to all employers, with no requirement to show any specific COVID-19-related impact.
Public Law 111- 312, the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, Public Law 112-78, the Temporary Payroll Tax Cut Continuation Act of 2011, and Public Law 112-96, the Middle-Class Tax Relief and Job Creation Act of 2012 specified General Fund reimbursement for temporary reductions in employee and self-employment payroll taxes for earnings in 2011 and 2012. These acts specified General Fund reimbursement for temporary reductions in employee and self-employment payroll taxes for earnings in 2011 and 2012 in order to “replicate to the extent possible” revenue that would have been received if the combined employee/employer payroll tax rates had remained at 12.4 percent for OASDI. The General Fund is still paying SSA back $11 million in 2019 for this unwise payroll tax relief. The deferral and forgiveness are going to have the effect of postponing and prolonging market failure as payrolls are temporarily overextended and then they have to either pay back an unusual payroll tax loan, all at once, or possibly be forgiven at the expense of the General Fund, federal deficit and ultimately stock exchange, after it has been stabilized by devaluation. Because social security benefit costs are incurred by economic depressions it is counterintuitive to take away their revenues, and the General Fund must pay compensation. It is a shame that the President argues for employer side-payroll liquidity to circumvent the prevailing logic that payroll tax relief is a wrong, because money for social security benefits is necessary in times of economic downturn, and most of all people paying payroll tax are by definition employed and are critically unqualified for this form of disaster relief for a purely economic depression, without any COVID-19 to report, under 26USC§7508A. It is a crime that the President conceals the obligation for the General Fund to reimburse the OASDI trust funds in his memorandum and he is obviously as mentally ill, probably addicted to speed (ephedrine) as senile federal politicians before him, and exhibiting xenophobia, germaphobia and social phobia without mentioning prior compensation payments for this unlawful for of social security robbery. The General Fund must immediately reimburse the Trust Funds for any social security payroll taxes misappropriated by this memorandum, at the time they were due, not late, if they do not merely overrule this Presidential attempt to evade and defeat the payroll tax under 26USC§7201 or the General Fund will be charged a usurious >6% rate of interest pursuant Sec. 201(l) of the Social Security Act under 42USC401(l).
Reynaldo G.
I have been living and retired in the Philippines, a US citizen, living on Social Security Pension. I receive my pension thru direct deposit to our local bank here. I have not received my stimulus package yet, why ? Please help, that money will help me a lot, thanks.
Ann C.
Hi, Reynaldo. Please visit the Internal Revenue Service’s website here for all your Economic Income Payment-related questions. We hope this helps.
John W.
Hello, I have not received my STIMULUS check, can you please help .? Thank you.
John W.
I have ” not ” received my STIMULUS check . Can you help ?
Ann C.
Hi, John. Please visit the Internal Revenue Service’s website here for all your Economic Income Payment-related questions. If you are unable to find the answer, call the IRS hotline at 1-800-919-9835. Thanks!
Susan M.
My daughter was born with congenital birth defects and was originally on SSI from about 3 years of age until her father was severely disabled and lost both legs and could no longer work. She then received benefits under SSDI on her father’s claim. When he later died she received survivors benefits. She is totally bedridden. She is not expected to ever recover or thrive. If parents claim their children and get a stimulus check for each dependent and I am allowed to claim her as my dependent then how is it she does not qualify for stimulus dependent money just because she is of adult age when she is totally unable to care for herself and I have to do this? Very odd way of excluding her just because of age.
Ann C.
Hi, Susan. We are sorry to hear about your daughter’s condition. Please visit the Internal Revenue Service’s website here for all your Economic Income Payment-related questions. If you are unable to find the answer, call the IRS hotline at 1-800-919-9835. Thanks!
Erlene L.
Thank you I have read the colms & I really need the extra money myself & my daughter rent have went up to $950. Starting sep 1s 2020.
Michael A.
We never got the 2,400.00 stimulus package. I am disabled and my wife is too.no one has any type of permission to claim us on there taxes as a dependent ,if some has claimed us they committed fraud..please update us on this matter.
Ann C.
Hi, Michael. Please visit the Internal Revenue Service’s website here for all your Economic Income Payment-related questions and concerns. If you are unable to find the answer, call the IRS hotline at 1-800-919-9835. Thanks!