Quote:
Posted by Tom53
The check will be based on your income, a good number of people here will receive nothing, as it should be. Last I read, the income would be based on your 2018 returns, don't know it that changed.
|
Quote:
Originally Posted by Kerry Azz
Guessing you never read the details
That’s just not how it’s going to work, if you are on SS and retired you will get a $1200. Stimulus check
|
Right from the mouth of the IRS
Economic impact payments: What you need to know | Internal Revenue Service
Quote:
Who is eligible for the economic impact payment?
Tax filers with adjusted gross income up to $75,000 for individuals and up to $150,000 for married couples filing joint returns will receive the full payment. For filers with income above those amounts, the payment amount is reduced by $5 for each $100 above the $75,000/$150,000 thresholds.
|
Quote:
I am not typically required to file a tax return. Can I still receive my payment?
Yes. People who typically do not file a tax return will need to file a simple tax return to receive an economic impact payment.
|
So you need to have filed in 2018 or 2019 and there are income limits. It is simply not true that anyone receiving Soc Sec is getting a check. Being retired or not retired plays no role in the process.