What do you need to know about the Stimulus check?

>Stimulus Check
Stimulus Check2020-04-16T10:28:57+00:00

Who is eligible:

U.S. citizens or resident aliens who:

  • Have a valid Social Security number,
  • Could not be claimed as a dependent of another taxpayer
  • Had adjusted gross income under certain limits:

 Tax filers with adjusted gross income up to $75,000 for individuals and up to $150,000 for married couples filing joint returns will receive the full payment.

For tax filers with income above those amounts, the payment amount is reduced by $5 for each $100 above the $75,000/$150,000 thresholds. Single filers with income exceeding $99,000 and $198,000 for joint filers with no children are not eligible. 

 

Who will receive stimulus check:

Eligible U.S. taxpayers will automatically receive their Economic Impact Payments including:

  • Individuals who filed a federal income tax for 2018 or 2019
  • Individuals who receive Social Security retirement, disability, or survivor benefits
  • Individuals who receive Railroad Retirement benefits

How to qualify for stimulus check if you are not required to file:

You can provide the necessary information to the IRS easily through Non-Filers section on their website.

 

If you haven’t filed the necessary tax returns to qualify for the stimulus check.  Please contact us at 888-557-4020 to find out how we can get your delinquent tax returns filed quickly.  So you can receive your stimulus check.