Displaying 1 - 10 of 201 Forum Posts1 2 3 4 5 Next
  • May 12, 2020 02:12 PM
    Last: 6mo
    1k

    You are supposed to receive your payment tomorrow, on the 13th. This is straight from the SSA:

    SSI recipients who did not file a 2019 and 2018 return and who do not have a representative payee should receive their electronic payment from the IRS by May 13 by direct deposit or to their Direct Express card if they did not use the IRS’ Non-Filer Tool.

    If you used the IRS’ Non-Filer Tool, you will receive your payment by May 13 to the non-Direct Express bank account you may have provided. The IRS will begin mailing paper checks on May 15 to SSI recipients who receive their monthly SSI payment by paper check, and to SSI recipients who used the IRS’ Non-Filer Tool but left the bank account information empty.

    Doesn't seem like they will process the deposits until tomorrow, possibly early morning. I wouldn't worry about it and just check your account tomorrow. If it doesn't show by tomorrow evening, perhaps there is an issue. But even then I would recommend giving it until the end of the week. As it seems some deposits take a few days. I don't think it will be the case here, but you never know. Hope that helps.

  • May 11, 2020 07:50 PM
    Last: 6mo
    22k

    @JaredS

    The way I understand it, it doesn't force anyone to take the loan. Which is good. It just gives you the ability to. Really this is just an advance of $5k on your future SS benefits. Where you get it now as opposed to when you retire. And then when you retire, you just go without benefits for a few months until its 'paid back'.

    I mean, for everyone that has been paying into the system for years/decades already, especially if you fear SS might become insolvent before you get around to retirement age (I'm a good 40 years or so away from that, so that's a real fear of mine actually), I could see this appealing to a good portion of the population that is suffering in the here and now.

    We are supposed to get SS at some point anyways, it's a forced retirement account and our money, so getting it now vs later is really just a matter of circumstance, I think.

    So, I don't think its a terrible idea. Far from the best though and its certainly not helpful for those already on SS benefits or likely any other benefits for that matter. Which is a LOT of people. So for that reason alone, this is not a complete answer to say the least. But at least its budget/deficit conscious and in conjunction with an actual stimulus like we got with the CARES Act, I think might help a lot of people.

    This idea isn't that different from giving people mortgage forbearance or the ability to draw more on 401ks without penalties right now. Neither of those forgive anything either, they are just ways to free up thousands, with one pushing your mortgage payments down the road, and the other very similar to the SS idea where you can draw on retirement money early.

    I would be for this idea if it was paired with something more. Like another tax credit advance. $2000/month might be too expensive. The math gets crazy fast. But maybe $1000/month for 3-6 months is more doable. I do hope the Dems find a middle ground with the GOP and we get something that helps everyone, and not just subsections of the population.

  • Apr 09, 2020 08:49 PM
    Last: 3mo
    42k
    mark Wrote:

    Can you tell me anything about Nevadas 1099 self employed filings and when they might open it

    Most states are open and they still dont have guide lines

    also I receive SSI in the amount of a big 660. a month will this stop my claim I filed taxes for 10,000 for 2019 and have docs to such

    Like everyone in the US you spend all day calling Un E just to get a recording or hang up from there Q

    thank you for the help

    Unfortunately Nevada has been one of if not the worst state for implementing a PUA portal. Best update I can find is 'mid-May' is when it should be ready:

    Self-employed workers say Nevada is failing them

    Will Nevada be one of the last states to get benefits to gig workers?

    Both articles say basically the same thing. And on Nevada's website I came across an announcement saying to wait and monitor the site, and don't apply until it's ready.

    Coronavirus Aid, Relief, and Economic Security Act (CARES)

    At least the payments will be retroactive once it finally, finally is ready.

  • May 01, 2020 08:19 PM
    Last: 5mo
    25k

    That is very frustrating. Given that today, May 5th, is the last day to claim SSI/VA dependents on the portal, it seems only logical they will be doing SSI stimulus deposits this week or the following week at the latest.

    Again, that doesn't give you an exact date which would be most helpful. But honestly I don't think they are necessarily going to process everyone's SSI stimulus checks on the same exact dates, and different accounts will likely get them on slightly different days.

    I do know they are supposed to be following the schedule that if you process your IRS portal info by Tuesday, your payment should be available starting the following Saturday.

    If that logic holds up, that means SSI recipients should get their deposits between May 9th and May 15th.

  • May 01, 2020 01:31 PM
    Last: 6mo
    10k

    I started a thread that could help anyone with a mortgage --

    Mortgage Forbearance - How to Delay Payments

    Mortgage Forbearance won't help renters. But if you are a homeowner and are having trouble paying your mortgage, then there are options to delay your mortgage payments, for up to 1 year.

  • Apr 19, 2020 06:09 AM
    Last: 6mo
    33k
    renato guanzon Wrote: I have one depentent, but i did'nt get the $500 stimulus for the child

    Did you already receive your stimulus? If you did, you can still get the $500, but you have to wait until you file your 2020 taxes next year. Far as I know, that's how the IRS is handling issues like this.

    If they made an error and didn't send you everything you should have got for the stimulus, then it can be corrected but only when you file 2020 tax return because this stimulus is technically an advance on a tax credit for 2020 filers. And its my understanding they aren't sending multiple checks to anyone.

    But they are also sending out letters 15 days after you receive your check and will provide a phone number you can call to attempt to clear up any issues. So maybe they are working on a way to fix errors before then. I'm sure that # will be swamped, but I would attempt to call them and see your options.

  • Apr 08, 2020 08:45 PM
    Last: 5mo
    741k
    AbbyandSadiesMom Wrote:

    Apparently, this timetable is not true. I've received direct deposit social security retirement for the past two years and not required to file a tax return (Massachusetts non-taxable income). I'm under the taxable threshold. I keep checking where the stimulus payment is - first the site says 'unavailable' then it says 'information unavailable' now it says 'information doesn't match' what they have on file! What gives? I moved in February and my address was changed with social security and everyone else. I just checked again - Medicare, Social Security, Gap Insurance - everyone has my address. I also have my 2019 Form SSA-1099. Suggestions?

    Good point. I just updated the initial post as things have changed since I started this thread. Thanks for reminding me that information is not currently accurate. Here's what I changed it to:

    2) Social Security recipients are scheduled to get stimulus checks by end of April. Or the first week of May at the latest. This includes those receiving Social Security, either through retirement or disability, and RRB recipients. Your check will be direct deposited automatically if you get your benefits through direct deposit, with no need to do anything. If you get benefit checks in the mail, your check will come in the mail.

    So do you normally get SS checks direct deposited or through the mail? The IRS is working with SSA and using SSA-1099 form information to send checks.

  • Apr 10, 2020 01:55 PM
    Last: 5mo
    332k
    Zano Wrote: So I have a question hoping I can get some clarity: so what if you filed your 2018 taxes in 2020 of Feb. will that count as far as the qualifications go? or does it not matter when you filed if they have it on file they'll use your information. Because I tried entering in my information for my 2018 tax return since I haven't filed my 2019 yet and it says that my information doesn't match what they have on file. Can anyone help?

    Did you provide direct deposit bank info on your 2018 tax return? If you have filed for 2018 and provided bank info on your return, the IRS should deposit your stimulus in your account once its fully processed. Which can take up to 4 weeks. Being that you did it Feb means it should have already been fully processed though.

    You have to be real exact when you enter the info into the portal. So try to enter your address exactly how your 2018 tax return has it.

    If you didn't provide DD or the info you gave them didn't work for whatever reason, they will mail you check based on this timetable, depending on your income:

    Stimulus Checks Are On The Way -- Here's The Timetable

  • Apr 21, 2020 08:45 PM
    Last: 6mo
    60k
    JaredS Wrote:
    bryce28 Wrote:

    Good news here is that means the IRS is processing stimulus payments for everyone you listed right on time, with no delays. You can see the timetable for SS, SSDI, SSI, RRB and VA recipients here, along with anyone that hasn't gotten a stimulus check yet and wants to know when there's will come in the mail:

    Stimulus Checks Are On The Way -- Here's The Timetable

    That's good to know. So this is just so the people who fall into this group who have dependents that may qualify for the additional $500, right?

    They will get the additional $500 per dependent no matter what, but if they don't update their info by later today then they will have to wait until next year to get the additional $500. Am I understanding that correctly?

    Yeah, if you get any of these benefits and didn't report your qualifying dependents by the deadline, you can still get the extra stimulus, you just have to wait until you file your 2020 taxes.
  • Apr 21, 2020 08:45 PM
    Last: 6mo
    60k

    Good news here is that means the IRS is processing stimulus payments for everyone you listed right on time, with no delays. You can see the timetable for SS, SSDI, SSI, RRB and VA recipients here, along with anyone that hasn't gotten a stimulus check yet and wants to know when there's will come in the mail:

    Stimulus Checks Are On The Way -- Here's The Timetable