Stimulus payment: deadline fast approaching for SSI and Veterans Affairs recipients
Supplemental Security Income and Veterans Affairs benefits recipients with dependent children need to apply before 5 May to receive the full coronavirus pandemic stimulus amount.
Since mid-April the Internal Revenue Service (IRS) has been sending non-taxable stimulus payments to those Americans who need economic help throughout this pandemic. On Friday the IRS said they had issued 88 million payments which included amounts paid to Social Security survivors and disability recipients, who were paid via direct deposit by Wednesday.
Yet another 82 million checks need to be sent however, according to the IRS and many of those people have until 5 May to apply for their $1,200 payment to ensure they get the full amount they are entitled to.
Who needs to apply for their stimulus payment through the IRS website? Those who receive Supplemental Security Income or those receiving benefits from the Department of Veterans Affairs and who didn’t file a 2018 or 2019 tax return have until Tuesday to use the non-filer tool on the IRS website to receive the payment of $500 for dependent children younger than 17.
What happens if those people miss the deadline?
If they miss the deadline then they will still get the payment of $1,200 but they won’t receive the extra $500 per child until next year when a 2020 tax return is filed. For others still waiting on their payment, the IRS recommends making sure the agency has your bank account information.
If you file your claim on this website before noon Tuesday, your payment date will be available on the following Saturday or later, according to the IRS. If the noon Tuesday deadline is missed, recipients will have to wait another week to get a payment date. If a paper check was processed before bank account information was entered, it could take two weeks to be received.
The U.S. Department of the Treasury sent the first batch of paper checks on 20 April, but it has not provided an update during the last 10 days. About 5 million checks are expected to be printed and distributed each week.