skeramidas
Level 4

Just released from NATP: "As of last night, the U.S. Department of the Treasury and the IRS announced that Social Security beneficiaries who are not typically required to file tax returns will not need to file an abbreviated tax return to receive the economic impact payment. Instead, payments will be automatically deposited into their bank accounts. The IRS will use information from the Form SSA-1099 and Form RRB-1099, and receipients will receive these payments as a direct deposit or by paper check, just as they would normally receive their benefits. Please note, since the IRS would not have information regarding any dependents for these people unless they filed a tax return, each person would receive $1,200 per person, without the additional amount for any dependents. First timulus payments expected to go out week of April 13." The article goes on with lots more information that is very helpful, but I can't type the whole article (6 pages).