My Authors
Read all threads
‼️SUPER IMPORTANT:
IRS posted a notice on its website on Monday instructing Social Security recipients to file a ‘simple’ tax return in order to receive a stimulus check. The form for this will be on the IRS site 'soon'. #WednesdayWisdom
washingtonpost.com/business/2020/…
2-"Many lawmakers and advocates for the poor say filing a tax return shouldn’t be necessary for people on Social Security because the government already knows how to send this population monthly checks. The $2.2 trillion aid legislation, passed in response to the coronavirus
3-"pandemic, said that if someone has not filed a 2019 or 2018 tax return, the U.S. Treasury should get their information from Social Security, if applicable. But, the Internal Revenue Service posted a notice on its website on Monday
4-"instructing Social Security recipients who do not normally send in a return to file a “simple” tax return, which will be available soon. “People who typically do not file a tax return will need to file a simple tax return to receive an economic impact payment," the IRS said.
5-"“Low-income taxpayers, senior citizens, Social Security recipients, some veterans and individuals with disabilities who are otherwise not required to file a tax return will not owe tax.” A request to IRS and the Treasury Department for comment about the discrepancy was not
6-"returned. Democrats and some Republicans are upset that the Trump administration isn’t doing more to help ensure that as many Americans as possible get these payments during this national health emergency.
7-"Thirty-four Democratic senators sent the White House a letter Wednesday asking why the Trump administration is placing this “significant burden” on senior citizens and the disabled. GOP Sen. Josh Hawley of Missouri called it “ridiculous."
8-"More than 15 million Americans on Social Security do not file an annual tax return because their income is so low, according to the left-leaning Center on Budget and Policy Priorities. During the last recession, when the U.S. government sent most Americans a stimulus check
9-"and required a filed tax return to get it, 3.5 million Social Security recipients were left out because they never sent a return, according to a 2008 Treasury Department analysis." ~WaPo
10-"..Mnuchin said direct deposits should begin by April 17, followed by checks in the mail. About 60 percent of tax filers gave the IRS direct-deposit information in recent years, said Nicole Kaeding of the National Taxpayers Union Foundation.
11-"The IRS said there would soon be a web-based portal for people to update their direct-deposit information."
Missing some Tweet in this thread? You can try to force a refresh.

Enjoying this thread?

Keep Current with Mona

Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!