Stimulus Payments and Social Security

The IRS has announced that Social Security recipients will automatically receive economic impact payments.

Those receiving Social Security benefits who do not typically file a tax return will not need to file an abbreviated (simple) tax return to receive the stimulus payment. The IRS will use information from the SSA-1099 and RRB-1099 to generate payments for those individuals. The payment will be sent as a direct deposit or check, however they normally receive their benefits.

Social Security recipients who are not typically required to file a tax return need to take no action.

The IRS still plans to offer an online portal for the purpose of collecting deposit information from taxpayers who haven’t provided it on a 2018 or 2019 tax return.

Providing account information is not required to receive a stimulus payment.

Checks will be mailed if deposit information is not available. 

At the time of this posting, no guidance has been received regarding low-income taxpayers who are not required to file a tax return and do not receive Social Security benefits.