Monday, April 13, 2020

New guidance for COVID-19 economic impact payments for Social Security

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 it would begin making automatic payments, according to a press release. 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. Read More