Everything You (And Your Clients) Need to Know About The Economic Impact Payment
Who is eligible for the Economic Impact Payment?
U.S. citizens or resident aliens who:
- Have a valid Social Security number,
- Could not be claimed as a dependent of another taxpayer, and
- Had adjusted gross income under certain limits.
Who will receive the Economic Impact Payment automatically without taking additional steps?
Most eligible U.S. taxpayers will automatically receive their Economic Impact Payments including:
- Individuals who filed a federal income tax for 2018 or 2019
- Individuals who receive Social Security retirement, disability (SSDI), or survivor benefits
- Individuals who receive Railroad Retirement benefits
WHAT IF I DON’T FILE TAXES?
The Treasury Department and the Internal Revenue Service launched a new web tool allowing quick registration for Economic Impact Payments for those who don’t normally file a tax return. The non-filer tool, developed in partnership between the IRS and the Free File Alliance, provides a free and easy option designed for people who don't have a return filing obligation, including those with too little income to file. The feature is available only on IRS.gov, and users should look for Non-filers: Enter Payment Info Here to take them directly to the tool.
Who should use the Non-Filers tool?
- Lower income: Those who haven't filed a 2018 or 2019 return because they are under the normal income limits for filing a tax return. This may include single filers who made under $12,200 and married couples making less than $24,400 in 2019.
- Veterans beneficiaries and Supplemental Security Income (SSI) recipients: The IRS continues to explore ways to see if Economic Impact Payments can be made automatically to SSI recipients and those who receive veterans disability compensation, pension or survivor benefits from the Department of Veterans Affairs and who did not file a tax return for the 2018 or 2019 tax years. People in these groups can either use Non-Filers: Enter Payment Info option now or wait as the IRS continues to review automatic payment options to simplify delivery for these groups.
- Social Security, SSDI and Railroad Retirement beneficiaries with qualifying dependents: These groups will automatically receive $1,200 Economic Impact Payments. People in this group who have qualifying children under age 17 may use Non-Filers: Enter Payment Info to claim the $500 payment per child.
- Students and others: If someone else claimed you on their tax return, you will not be eligible for the Economic Impact Payment or using the Non-Filer tool.
Information You will Need to Provide
- Full name, current mailing address and an email address
- Date of birth and valid Social Security number
- Bank account number, type and routing number, if you have one
- Identity Protection Personal Identification Number (IP PIN) you received from the IRS earlier this year, if you have one
- Driver’s license or state-issued ID, if you have one
- For each qualifying child: name, Social Security number or Adoption Taxpayer Identification Number and their relationship to you or your spouse
What to Expect
Clicking “Non-Filers: Enter Payment Info Here” will take you from the IRS site to Free File Fillable Forms, a certified IRS partner. This site is safe and secure.
Follow these steps in order to provide your information:
- Create an account by providing your email address and phone number; and establishing a user ID and password.
- You will be directed to a screen where you will input your filing status (Single or Married filing jointly) and personal information.
- Note: Make sure you have a valid Social Security number for you (and your spouse if you were married at the end of 2019) unless you are filing “Married Filing Jointly” with a 2019 member of the military. Make sure you have a valid Social Security number or Adoption Taxpayer Identification Number for each dependent you want to claim for the Economic Impact Payment.
- Check the “box” if someone can claim you as a dependent or your spouse as a dependent.
- Complete your bank information (otherwise we will send you a check).
- You will be directed to another screen where you will enter personal information to verify yourself. Simply follow the instructions. You will need your driver’s license (or state-issued ID) information. If you don’t have one, leave it blank.
You will receive an e-mail from Customer Service at Free File Fillable Forms that either acknowledges you have successfully submitted your information, or that tells you there is a problem and how to correct it. Free File Fillable forms will use the information to automatically complete a Form 1040 and transmit it to the IRS to compute and send you a payment.
To help everyone check on the status of their payments, the IRS has released a second new tool, Get My Payment, that will provide people with the status of their payment, including the date their payment is scheduled to be deposited into their bank account or mailed to them. An additional feature on Get My Payment allows eligible people a chance to provide their bank account information so they can receive their payment more quickly rather than waiting for a paper check. This feature will be unavailable if the Economic Impact Payment has already been scheduled for delivery.
More Information on Economic Impact Payments, The IRS will post additional updates on IRS.gov/coronavirus on these and other issues
|
|
People Mover transitioned to demand-based service on April 8, 2020
People Mover will temporarily suspend ALL fixed-route service. A limited number of essential rides will be provided by AnchorRIDES to the general public for critical trips only. The expanded demand-based service will begin on Wednesday, April 8. Fixed route bus service will continue through 11:59 p.m. on April 8, at which time it will be suspended until further notice.
The new guidelines include the following:
- Trips may only be scheduled for travel to medical appointments, pharmacies, grocery stores, and/or critical jobs.
- Riders must enroll and schedule trips 1 to 7 days in advance online (link here) or by calling (907) 343-6543.
- Same-day service will not be available.
- Following CDC's social distancing recommendations, passengers will be limited to one (1) person onboard at any time. Personal Care Attendants (PCA) will be allowed, if necessary.
These changes will remain in effect until further notice. For more information, please visit https://tinyurl.com/trkx3d2.
|
|
ACEH HAS A NEW EMPLOYMENT OPPORTUNITY!
|
|
|
|
