COVID-19 Updates from the Social Security Administration
The Social Security Administration today posted updated information on their webpage dedicated to the COVID-19 (https://www.ssa.gov/coronavirus) pandemic. Here are excerpts on two specific areas our AMAC Foundation Social Security Advisory Service has received a number of inquires about:
How do I get my COVID-19 economic impact payment?
Date: April 7, 2020
The Department of the Treasury (Treasury) announced on April 1 that Social Security retirement, disability, and survivors 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. The IRS will use SSA-1099 information they already have to automatically generate $1,200 economic impact payments to eligible Social Security beneficiaries who did not file tax returns in 2018 or 2019.
Treasury, not Social Security, will make automatic payments to Social Security beneficiaries. Beneficiaries will receive these payments by direct deposit or by paper check, just as they would normally receive their Social Security benefits.
For updates from the IRS, visit Coronavirus Tax Relief.
Note for Supplemental Security Income (SSI) Recipients:
SSI recipients are eligible to receive the economic impact payment. We are working closely with Treasury to address outstanding questions about our SSI recipients in an attempt to make the issuance of economic impact payments as quick and efficient as possible. We realize people are concerned, and the IRS will provide additional information at Coronavirus Tax Relief when available.