Let me ask a question that probably won’t get answered here. Let’s say a disabled person has a Title II Social Security disability claim approved next month. He hasn’t already gotten an economic stimulus payment previously because he didn't file a tax return in the last two years. Will he get an stimulus payment once he gets on Social Security benefits? The question is whether the Treasury Department will just look once for Title II beneficiaries eligible to receive economic stimulus payments or whether it will continue to pay attention to those newly entitled. I'm guessing the Treasury won't pay attention to those newly entitled to Social Security benefits but we'll see. I'll bet that no one at Treasury has even though about this issue. It's going to affect thousands of disabled people each month and some non-disabled people filing for retirement and survivors benefits as well.
6 comments:
I guess you are assuming that nobody on disability is married, has a 401k, LTD payments or other 1099 generating activity. I also guess you dont think they will take a few minutes on line for free money after waiting 2 years for SSDI checks. But I guess it is more dramatic your way.
New Guidance about COVID-19 Economic Impact Payments for Social Security and Supplemental Security Income (SSI) Beneficiaries from Social Security Commissioner Andrew Saul
“The Treasury Department launched a new web tool allowing quick registration for Economic Impact Payments for eligible individuals who do not normally file a tax return, and also announced that it would begin making automatic payments. However, for some people receiving benefits from the Social Security Administration--specifically those who have dependent children under the age of 17--it is to their advantage to go to this portal to ensure they also get the $500 per dependent Economic Impact Payment. I encourage them to do this as soon as possible, and want to provide the following details:
People who receive Social Security retirement, survivors, or disability insurance benefits and who did not file a tax return for 2018 or 2019 and who have qualifying children under age 17 should now go to the IRS’s webpage at www.irs.gov/coronavirus/economic-impact-payments to enter their information instead of waiting for their automatic $1,200 Economic Impact Payment. By taking proactive steps to enter information on the IRS website about them and their qualifying children, they will also receive the $500 per dependent child payment in addition to their $1,200 individual payment. If Social Security beneficiaries in this group do not provide their information to the IRS soon, they will have to wait to receive their $500 per qualifying child.
The same new guidance also applies to SSI recipients, especially those who have qualifying children under age 17. To receive the full amount of the Economic Impact Payments you and your family are eligible for, go to the IRS’s Non-Filers: Enter Payment Info page at www.irs.gov/coronavirus/economic-impact-payments and provide information about yourself and your qualifying children.
Additionally, any new beneficiaries since January 1, 2020, of either Social Security or SSI benefits, who did not file a tax return for 2018 or 2019, will also need to go to the IRS’s Non-Filers website to enter their information.
Lastly, for Social Security retirement, survivors, or disability beneficiaries who do not have qualifying children under age 17, you do not need to take any action with the IRS. You will automatically receive your $1,200 economic impact payment directly from the IRS as long as you received an SSA-1099 for 2019.
For SSI recipients who do not have qualifying children under age 17, we continue to work closely with Treasury in our efforts to make these payments automatically. Please note that we will not consider Economic Impact Payments as income for SSI recipients, and the payments are excluded from resources for 12 months.
The eligibility requirements and other information about the Economic Impact Payments can be found here: www.irs.gov/coronavirus/economic-impact-payment-information-center. In addition, please continue to visit the IRS at www.irs.gov/coronavirus for the latest information.
We will continue to update Social Security’s COVID-19 web page at www.socialsecurity.gov/coronavirus/ as further details become available.”
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To get more Social Security news, follow the Press Office on Twitter @SSAPress.
I think the question got answered, they will havhe to bring themselves to the attention of Treasury if, as was stated, they absolutely fell past all the other triggering issues that could have caught them before and brought them to Treasury's attention.
But I do find it mean to assume that no one thought of the situation. In looking at the problem, it was obvious when analyzing it; you look at how to identify people requires dealing with past, present and future when designing solutions. If only to avoid obvious problems, such analysis and contingencies are simply expected.
You may not like how the solution is handled (making folks file versus being automatically identified) but for something as complex as this with zero planning and implementation time, the solution works and doesn't box you in for doing better if needed down the road.
I still want to know what happens to dual eligible LTC patients with state Medicaid LTC assistance. The facility gets the SSA check directly, will they get the stimulus check too, will they count it as income for the month, add it to the patient responsibility and reduce billing to Medicaid by the amount of the check?
Also consider that the Economic Stimulus Payment is a tax credit, so anyone who doesn't get the check in 2020 can file a tax return for 2020 (due date 4/15/2021) and will get the money based on that tax return.
As I understand it, folks who get the money in 2020 will list it as Income on their 2020 tax return, but also list a tax credit in an equal amount-- so it'll be a wash.
Yes, that will defeat the purpose of getting the money out ASAP, but it's something.
Maybe if you check my social security and they have your SSDI payment listed for next month you’d be good- otherwise I don’t see it happening until YOU take action next month
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