For the last few weeks, millions of Americans have been receiving their stimulus checks.
Under the CARES Act, individuals making below $75,000 and married couples earning under $150,000 are eligible for the one-time $1,200 or $2,400 payment. In addition, individuals and couples are entitled to $500 for each child under the age of 17.
But there have been reports of many people receiving their checks without the additional $500 for qualifying children.
The discrepancy is being mostly seen by individuals who don’t typically file income taxes and are receiving government benefits such as Social Security, Supplemental Security Income (SSI) or veterans benefits, reported CNBC.
The Internal Revenue Service can easily track who has dependent children for those who have filed 2018 and/or 2019 income taxes. But for non-filers, who are still entitled to the child benefits, it gets more tricky.
To help streamline the process, the IRS created the NonFiler Tool so that Americans who do not normally file taxes can input all their updated information.
The IRS also established short-term deadlines for getting this information so as to be able to send out the stimulus checks as soon as possible.
Those receiving Social Security retirement or disability benefits (SSDI), or Railroad Retirement benefits had until April 22 to submit information on their qualifying dependents. Those that missed the deadline were sent out stimulus checks without the $500 child benefit. They will now have to wait to file 2020 taxes to get the benefit. Advocates argue this is problematic as these individuals do not normally file taxes and that is why they got into this mess in the first place.
Individuals and couples who receive Supplemental Security Income (SSI) or VA benefits have until May 5, 2020, to add their qualifying children. The IRS claims they should see their stimulus checks with the $500 child benefits by the middle of the month.
But all hope is not lost for those that missed out on the child benefit.
According to Forbes, The National Taxpayer Advocate is working to get the IRS to “evaluate the possibility of making a separate payment of EIP child benefits to qualifying individuals this year.”
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