TUCSON (KVOA) - On Tuesday, the Internal Revenue Service (IRS) announced it extended the deadline for people with children to receive economic impact payments.
The IRS’ extended its Sept. 30 deadline for Social Security and SSI recipients to enter their child’s information in the IRS’ Non-Filer Tool to receive a $500 Economic Impact Payment (EIP) this year.
The extended deadline is fast approaching and applies to people who:
- Receive Social Security retirement, survivors, or disability benefits, or SSI payments
- Did not file a 2019 or 2018 tax return
- Have a qualifying child under age 17
- Who did not already enter information in the IRS’ Non-Filer Tool for themselves and at least one child
In a news release, the IRS said those who already entered information in the IRS’ Non-Filer Tool do not need to do anything to the information they entered regarding their children. However, they may need to file a tax return next year. The IRS will automatically make a payment in October based on the information provided.
The IRS said that most adult Social Security and SSI beneficiaries should already have received their $1,200 individual EIPs. Beneficiaries who do not usually file taxes can use the Non-Filer tool but they must act by October 15, 2020 to get their payment this year.
The IRS said it plans to issue electronic EIPs on November 4, 2020 and to issue paper check EIPs on November 6, 2020 to Social Security and SSI beneficiaries who started receiving their monthly benefits on or after January 1, 2020. If, however, those who used the IRS’ Non-Filer Tool and have not received their EIP yet, it will likely receive it in in October.
The IRS said that Direct Express cardholders who use the IRS’ Non-Filer tool will not receive their $1,200 payment on their Direct Express card. They will receive both their $1,200 payment and each child’s $500 payment on a non-Direct Express bank account they provide the IRS, or by mail if they leave bank information empty. Those who do not use the Non-Filer tool will receive their $1,200 payment on their Direct Express card.
For more information, visit the IRS' website.