Your Stim Check

This is info for those Social Security recipients like myself…..good news is that your check is in the mail (or will soon be)…..

One of the biggest challenges the Treasury Department has in getting Americans their checks from the $2.2 trillion coronavirus stimulus package is tracking down people who don’t file tax returns. Now, at least one key group of nonfilers will see that process expedited. The official word, delivered from Treasury Secretary Steven Mnuchin in a statement late Wednesday, per NBC News: “We want to ensure that our senior citizens, individuals with disabilities, and low-income Americans receive economic impact payments quickly and without undue burden. 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.” Those who don’t have direct deposit info on file with the IRS will receive a paper check.

The move is a reversal of the original IRS wording, which noted seniors and those with low incomes would have to file a “simple” tax return to get the money. Americans can expect to receive an amount that starts out at $1,200 per individual and $500 per child; it starts phasing out for anyone who makes $75,000 or more per year and disappears altogether at $99,000 (double that for married couples), per recent tax returns. Meanwhile, NBC notes that people who owe back taxes or who have delinquent student loan payments won’t be penalized and will receive their stimulus payment in full. Who won’t be getting the funds, or at least not the full amount: anyone who owes child support. Mnuchin has said direct deposits will begin showing up on April 17, with paper checks sent in the mail to follow, per the Washington Post. CNN notes the payments won’t be taxed, according to the IRS.

Remember all those sanctimonious d/bags that hate those that look for free stuff from the government….how many do you think will send their free money back because they do not want “free stuff” from the government?

One more thing my wife took a picture of me while I wait for my check…..

Image

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21 thoughts on “Your Stim Check

  1. My Federal and State tax refunds took days to process. I would think that having filed electronically for years, they have my information (bank account information), and that would assure a timely transaction to make feel pleased and $1200 richer. (I think I should check my account daily just to see if I’m crazy or not thinking this should be a snap.) Fortunately, my SS, IRA, and retirement money are adequate, but the $1200 will still be welcome.

      1. Yes, and I was surprised I qualified for it. It won’t change my vote, but I do give credit to Congress for taking its collective out of their you-know-what long enough to pass the legislation necessary.

  2. I should think all those people who agreed they would never vote for Trump on your previous post should voluntarily return their checks. Talk about a turn-around in their attitudes, eh?

      1. You’re so quick handing out complaints, I thought you’d be quick to bite the hand trying to help you

      2. I am fine without his damn help….I was getting by before and will after……we will survive because we are prepared and that is the key…stim money is just a pay off for votes in November. chuq

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