ADMIN

IRS | Accounting TodayThe IRS has reversed course to eliminate a controversial requirement on Social Security recipients seeking stimulus checks as part of the government's coronavirus response package.

After initially saying that Social Security recipients would have to file a "simple" tax return for 2019 -- which they ordinarily would not do -- the IRS now says the payment will be automatic without it.

"Social Security recipients who are not typically required to file a tax return ... will receive their payment directly to their bank account,” Treasury Secretary Steve Mnuchin announced Wednesday evening, noting that they will not have to take any action.

The change follows pressure from lawmakers who urged the IRS to drop the condition.

read more:

https://www.foxnews.com/politics/treasury-reverses-social-security-recipients-can-automatically-get-stimulus-check-without-filing-return

You need to be a member of Tea Party Command Center to add comments!

Join Tea Party Command Center

Email me when people reply –