Monday, May 20, 2024

Social Security recipients will automatically get $1,200 payments, even if you don’t file taxes


The United States Treasury announced Wednesday that Social Security beneficiaries who typically do not file a tax return will automatically get the $1,200 payment.

Earlier in the week, the Internal Revenue Service said everyone would need to file some sort of tax return in order to qualify for the payments. Democrats and Republicans criticized the IRS for requiring so many extra hurdles for this vulnerable population to get aid when the government already has their information on file.

The reversal decision came as the Trump administration tries to rapidly get stimulus payments out to the Americans in the face of the quickest economic decline in modern history, reports say.

Social Security recipients who are not typically required to file a tax return need to take no action, and we will receive their payment directly to their back account, Treasury Secretary Steven T. Mnuchin said.

More than 15 million Americans on Social Security do not file an annual tax return because their incomes are so low, according to the Center on Budget and Policy Priorities

Gerald Jackson
Gerald Jackson
Hi, my name is Gerald Jackson and I am 28-years-old. I was born and raised in Troy, Alabama. I currently reside in North Carolina. I am a Journalist, Influencer, Content Creator, and a Man of Faith! I don't shy away from the truth, always speak my mind, and before I take anything back, I'll add more to it. Follow me on my social media below to keep up with my personal life. LOL!

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