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Trusted Contributor
Posts: 1,787
Registered: ‎03-09-2010

If someone is on Social Security Disability.....

will they need to fill out a 1040 form in order to receive the 2020 stimulus check?   If so, can that be done online?   How would you actually submit the form if you fill it out online?  Thank you.

Respected Contributor
Posts: 3,129
Registered: ‎03-14-2010

Re: If someone is on Social Security Disability.....

You can go to the IRS dot Gov website and fill out one of their FREE filing options and then submit it on line.  Free.

Super Contributor
Posts: 250
Registered: ‎08-02-2010

Re: If someone is on Social Security Disability.....

Looks like they are working on how you can file. 

 

https://www.irs.gov/newsroom/economic-impact-payments-what-you-need-to-know

 

 

Hope this helps.

 

Mint

Contributor
Posts: 58
Registered: ‎12-25-2014

Re: If someone is on Social Security Disability.....

My understanding is this.  I am assumming that your cheques are direct deposit.  The govt has the information and money will be deposited into our account.  

Respected Contributor
Posts: 3,458
Registered: ‎06-10-2015

Re: If someone is on Social Security Disability.....

They seem to be making it up as they go along. I don't trust them not to claw this back in 2021. I won't be filing. 

Honored Contributor
Posts: 11,708
Registered: ‎02-07-2011

Re: If someone is on Social Security Disability.....

[ Edited ]

@noodleann  I read somewhere in the NY Times that this is a "loan" and not a gift and the amount will have to be reported on next year's income tax.  Have seen no confirmation of this anywhere.  

 

You don't have to "file" anything.  The payment will be automatic.

Esteemed Contributor
Posts: 5,520
Registered: ‎03-12-2010

Re: If someone is on Social Security Disability.....


@kaydee50 wrote:

@noodleann  I read somewhere in the NY Times that this is a "loan" and not a gift and the amount will have to be reported on next year's income tax.  Have seen no confirmation of this anywhere.  


I heard the exact opposite.  That the amount is non-taxable.  And that, if you weren't eligible last year, but become eligible this year, it may be a credit on your next years tax return.  This was from the finance reporter on my morning news, responding to viewers' questions.

Respected Contributor
Posts: 3,458
Registered: ‎06-10-2015

Re: If someone is on Social Security Disability.....


@kaydee50 wrote:

@noodleann  I read somewhere in the NY Times that this is a "loan" and not a gift and the amount will have to be reported on next year's income tax.  Have seen no confirmation of this anywhere.  

 

You don't have to "file" anything.  The payment will be automatic.


No, I'd have to file, according to what's in the link to the IRS website, meaning I won't get it if I don't submit something. So will anyone else on SS or SSDI who didn't file taxes for 2018 or 2019, from what I read. Not doing that so no problem for me, now or down the road, at least with respect to that.

Honored Contributor
Posts: 8,743
Registered: ‎03-09-2010

Re: If someone is on Social Security Disability.....

[ Edited ]

@kaydee50 wrote:

@noodleann  I read somewhere in the NY Times that this is a "loan" and not a gift and the amount will have to be reported on next year's income tax.  Have seen no confirmation of this anywhere.  

 

You don't have to "file" anything.  The payment will be automatic.


@kaydee50,  one of our U.S. senators said that the checks are exempt from both federal and state income taxes.  Governor has verified no there will be no state income tax on the funds.

What is good for the goose today will also be good for the gander tomorrow.
Trusted Contributor
Posts: 1,705
Registered: ‎03-09-2010

Re: If someone is on Social Security Disability.....


@newjersey wrote:

will they need to fill out a 1040 form in order to receive the 2020 stimulus check?   If so, can that be done online?   How would you actually submit the form if you fill it out online?  Thank you.


According to https://www.irs.gov/newsroom/economic-impact-payments-what-you-need-to-know , the form is not yet availble. Check the IRS site for updates so you can get correct information directly from the source.