Second Stimulus Check nonfilers on SS/VA Benefits

[DerekJ]

Do those of us on SS/VA benefits still have to do the nonfiler for the second stimulus check? 

 

We did it for the last stimulus payment but I don’t know if it was necessary. 
 

I think this should actually be in General Topics because we all received the first stimulus package and the next one is apparently coming in Mid August. They say Faster than last time for those of us nonfilers on SS/VA Benefits. 

[rodknock]

i still have not received the first stimulus payment.

am on social security and also did nonfiler.

[DerekJ]

15 hours ago, rodknock said:

i still have not received the first stimulus payment.

am on social security and also did nonfiler.

They say if you didn’t you’ll get it by debit card this time but I don’t know how that works. It sounds like we don’t have to resubmit the non filer again since I already did last time and we my wife and I both received it. Also sounds like we’ll receive it sooner this time in mid August. 

[DerekJ]

But the second one is Direct Deposit like last time. 

[moontang]

There is no second check, yet.  If you didn't get the first one, you can get it when you file for 2020..as a refundable credit.  

 

They are pushing for a cut in employment taxes, but it is looking more like direct payments, since that is much more responsive.

[DerekJ]

21 minutes ago, moontang said:

There is no second check, yet.  If you didn't get the first one, you can get it when you file for 2020..as a refundable credit.  

 

They are pushing for a cut in employment taxes, but it is looking more like direct payments, since that is much more responsive.

They’re about to sign it any day now we’re getting at least as much as last time we already know that. Supposed to be mid August. They say it’ll be faster for us this time. 

[DerekJ]

I got all the info yesterday I thought others would know more but it looks like if you already did the non filer then no you don’t have to do it again but if you haven’t done it do the non filer. 

[DerekJ]

CONFIRMED you do not have to file a non filer again if you already filed it to get your FIRST stimulus check. If you have NOT already done a non filer then you will have to do it in order to receive your second stimulus check. 
 

But the second stimulus check is confirmed and will be paid in mid to late August. Currently Congress is still messing around with the bill but it is coming. 

[DerekJ]

Watch LaLate on YouTube 

[DerekJ]

Fox News just confirmed as well the actual bill should be signed today then we should know exactly how much but it’s supposed to be at least what we got last time which was $1200 per person so again at least $2400 USD for a married couple. 

[DerekJ]

Confirmed $1200 per person but after the bill is signed which should be today it could end up being more but definitely not less. 

Edited July 27, 2020 by DerekJ

[Pib]

No bill is being signed today/27 July/Monday. 

 

Heck, the Senate Republicans haven't even revealed their proposed bill, but they are suppose to do that today/27July.  Once the Senate Republicans lay a bill on table "for discussion/review" with the Senate Democrats and House then negotiations can begin.   Estimates have been that Congress (Senate and House) are still approx two weeks away from agreeing on/passing a bill which can then go to the president for signature.

 

  

[TallGuyJohninBKK]

This report from the NYT doesn't make it sound like an agreement between the White House, Republicans and Democrats is going to come quickly or easily:

 

https://www.nytimes.com/2020/07/26/us/politics/coronavirus-stimulus-bill-unemployment.html

 

Quote

 

Formal talks with Democrats could follow, but Senator Mitch McConnell, Republican of Kentucky and the majority leader, predicted on Friday that they could take “weeks.”
Even then, Senator Lindsey Graham, Republican of South Carolina, predicted on Sunday that months after voting unanimously on the first stimulus bill, much of his party would now be unwilling to support any relief bill. 

...

The bill is likely to provide for another round of stimulus checks to American families, though it remains unclear who would be eligible to receive those payments. Larry Kudlow, the director of the National Economic Council, said on Sunday that the checks would be worth $1,200, though he did not detail who precisely would receive them.

 

 

[moontang]

The House adjourns on Friday.  The Senate adjourns next Friday.  99 days till the election..

[DerekJ]

10 hours ago, Pib said:

No bill is being signed today/27 July/Monday. 

 

Heck, the Senate Republicans haven't even revealed their proposed bill, but they are suppose to do that today/27July.  Once the Senate Republicans lay a bill on table "for discussion/review" with the Senate Democrats and House then negotiations can begin.   Estimates have been that Congress (Senate and House) are still approx two weeks away from agreeing on/passing a bill which can then go to the president for signature.

 

  

The check will drop into your bank account again in mid August just like last time. ???? 

[DerekJ]

And btw it ain’t gonna be the last check either apparently but at least one more $1200 per person $2400 for married couples. The bill is in the final stages of being signed today. 

[DerekJ]

And it’s supposed to be deposited a lot faster this time for those of us on benefits. Hopefully after the bill is signed soon we’ll know an exact date but right now they’re saying expect your second check before the end of August. We got our first one no problem. If you really didn’t receive the first one then you should be on the phone because almost everyone was eligible for the first one and sounds like everyone will be eligible for the next stimulus they’re not cutting anyone out this time in fact that’s partially why it’s been slow arguing over more money or not and who’s eligible. Apparently this time they’re trying to make ALL dependents eligible for it.

 

Last time not all dependents were eligible this time they should be depending on what the president signs but one things for certain 

 

WE ARE ALL MOST CERTAINLY GETTING ANOTHER STIMULUS CHECK FOR AT LEAST $1200 per person $2400 per married couple. 

[mtls2005]

On 7/26/2020 at 12:10 PM, moontang said:

If you didn't get the first one, you can get it when you file for 2020..as a refundable credit.  

 

Assuming you didn't receive either the check or any details, how do you determine the amount to credit on our 2020 1040A? Assume, if single, $1,200?

[moontang]

28 minutes ago, mtls2005 said:

 

Assuming you didn't receive either the check or any details, how do you determine the amount to credit on our 2020 1040A? Assume, if single, $1,200?

The form will address, whether it is 1200 or 2400.  That is how it was done in 2009, but eligibility was tougher.  The key is, for those not owing any, is that it is a "refundable credit," unlike many of the solar energy credits, which are worthless unless you owed a lot.  Earned Income Credit is another refundable credit, but on more of a sliding scale, so people sit there on TurboTax, increasing and decreasing their stated income until they generate the biggest credit..similar to Obamacare credit.

Edited July 28, 2020 by moontang

[Pib]

It's been over two months since the House passed the HEROS Act which included a second round of payments.  The Senate Republicans refused to take up/vote on the HEROS Act....said it was too soon...need to wait to see how things work out with COVID-19, the economy, and the CARES Act which authorized the first round of payments/relief.

 

So, the HEROS Act never became law....just been setting in the Senate's inbox waiting for the Senate to take action.   The HEROS Act included a 2nd round of $1,200 payments...up to $6,000 per family such as a husband & wife with three kids getting $6,000.  The $1,200 payment would also allow payments to people with ITINs...and this ITIN payment would also be retroactive to the CARES Act that authorized the first round of $1,200 payments.  But as mentioned the HEROS Act went no where in the Senate....dead on arrival to quote Senator McConnell. 

 

On 27 July the Senate Republicans finally revealed their bill/proposal....they call it the HEALS Act which has a lot of resistance from some Senate Republicans and most to all Senate Democrats.  It changed quite a bit over the last few days as Senate Republican and the White House had discussions.....but Democrats were left out of the discussions.  Senate McConnell labels the HEALS Act/proposal as a "starting point"....see partial quote from a news article below.

Quote

The HEALS proposal sets the table for conversations between House and Senate leaders of both parties, in order to come to a complete bill that can pass Congress. McConnell labeled the release a “starting point.” Negotiations are expected to continue into August, leaving aid up in the air, as many protections passed in the CARES Act time out at the end of this week.

 

At the bottom is a partial quote of the HEALS Act/proposal....I bolded the $1,200 payment provision which supposedly has the same rules as the CARES Act which became law.  That is, $1,200 per adult, $500 for dependents, $75K to $99K income tapper/cutoff range, folks with ITINs do not get payment, etc....same rules as the CARES Act that became law.   But remember, this is only a proposal at this stage...lots of negotiating still to occur....details and fine print to materialize as the Democrats and Republicans fight it out.  But IMO option the $1,200 payment will stay rock solid...definitely occur simply because too many people are expecting it "and it's election year."

 

And the House Speaker has already said the HEALS Act/proposal is a no-go in its current form because it doesn't include more aid for relief funds for state & local govts, it greatly reduces the $600 weekly unemployment supplement, and the liability relief only protects business and not workers.  Basically doesn't include a lot of things in the HEROS Act.   

 

So, what happens now.  Our elected representatives go back-and-forth probably for the next week or two in trying to reach a compromise....the act/proposal mutates....some things get added...some things get deleted....cost of the proposal goes up....something that can pass in both chambers of the Congress.  They will probably come up with a new name for the compromise act and get the act passed through the House and Senate....then to the president so he can sign it and tweet about it.   Now its law....can go into effect.

 

We are now around mid August.  The Treasury/IRS has said they will probably be able to get initial payments out within one to three weeks of law passage based on lessons learned/info gained from the first round of payment.  So, we are probably looking at late August (I figure around 24 Aug earliest) to around Labor Day (7 Sep) to start seeing $1,200 payments from this second round of payments.  

 

HEALS Act Proposals

https://www.cnbc.com/2020/07/27/coronavirus-stimulus-updates-republicans-unveil-relief-bill.html

 

Quote

 

Here is what we know about the bill, as Republican leaders release the details: 

• It would set enhanced federal unemployment insurance at 70% of a worker’s previous wages, replacing the $600 per week which states stopped paying out this week.
• The GOP would set the benefit at a sum of $200 per week on top of what recipients would normally receive from states through September, slashing what they got from April through July. In October, the 70% replacement would take effect up to a maximum of $500 per week.
• The proposal would send direct payments of $1,200 and $2,400 to individuals and couples, respectively. It would set the same qualifications as the checks approved in March: the payments started to phase out at an average of $75,000 in income per person, and individuals or couples making an average of $99,000 or more did not receive one. It would offer an additional $500 per dependent of any age.
• The legislation would shield entities such as businesses, doctors and schools from lawsuits, except for cases of “gross negligence” or “willful misconduct.” 
• It would set aside $190 billion for Paycheck Protection Program loans. The bill would allow small businesses with fewer than 300 employees that have seen revenue fall by more than 50% to apply for a second round of aid. It would also authorize $100 billion for loans to seasonal businesses and companies in low-income Census tracts that can show revenue reduction of more than 50%. 
• The bill provides $105 billion to help schools reopen in the fall. Roughly $30 billion of that amount would go to colleges, according to Senate Health, Education, Labor, and Pensions Chairman Lamar Alexander, R-Tenn. Most of the money would go to schools physically reopening to help them with the costs associated with safely restarting. 
• It includes $16 billion to help states boost Covid-19 testing capacity, according to Senate Appropriations Committee Chairman Richard Shelby, R-Ala. 
• Shelby said it would put $26 billion toward the development of Covid-19 vaccines and therapeutics. 
• The plan includes 100% deductability of business meals, according to Sen. Tim Scott, R-S.C. 
• It includes several tax credits, including an enhanced employee retention credit and a credit for expenses such as upgrades to workplaces and testing that help businesses operate safely. 

 

 

 

[Why Me]

Yep, what Pib says above is looking good:

From today's https://www.washingtonpost.com/us-policy/2020/07/27/senate-stimulus-coronavirus/?hpid=hp_hp-banner-main_bailouthill-1005am%3Ahomepage%2Fstory-ans

 

The (GOP) proposal also calls for a second round of $1,200 stimulus payments that largely follows the same parameters as the payments approved by Congress in March. There are some new restrictions in the GOP plan, such as blocking dead people and prisoners from receiving the benefit, and tweaking the eligibility of dependents so they can access the $500 supplement even if they are older than 17.

 

Blocking dead people sucks though. Their lives matter too. Wait, no.

[Pib]

4 minutes ago, Why Me said:

Yep, what Pib says above is looking good:

From today's https://www.washingtonpost.com/us-policy/2020/07/27/senate-stimulus-coronavirus/?hpid=hp_hp-banner-main_bailouthill-1005am%3Ahomepage%2Fstory-ans

 

The (GOP) proposal also calls for a second round of $1,200 stimulus payments that largely follows the same parameters as the payments approved by Congress in March. There are some new restrictions in the GOP plan, such as blocking dead people and prisoners from receiving the benefit, and tweaking the eligibility of dependents so they can access the $500 supplement even if they are older than 17.

 

Blocking dead people sucks though. Their lives matter too. Wait, no.

When I saw the GOP provision of blocking dead people from getting a payment I had a good laugh as the IRS has supposedly already fixed that internal procedures/computer system problem that caused around 1.1M payments to go out to dead folks.

 

But maybe what the GOP provision is really saying if it happens again (and maybe even payments already made) that the IRS "must" recover/claw-back the funds because so far other than the IRS posting on their website that the payments "should" be returned the IRS hasn't taken any concrete actions to recover the payments. 

 

 

From a 25 June Washington Post article.

Quote

The IRS has previously said that stimulus payments issued in the name of dead people have to be returned. But aside from announcing on its website on May 6 that stimulus payments made to dead or incarcerated individuals should be returned, the IRS does not have plans to take additional steps toward recouping the payments, the GAO said.

 

[DerekJ]

7 hours ago, Pib said:

It's been over two months since the House passed the HEROS Act which included a second round of payments.  The Senate Republicans refused to take up/vote on the HEROS Act....said it was too soon...need to wait to see how things work out with COVID-19, the economy, and the CARES Act which authorized the first round of payments/relief.

 

So, the HEROS Act never became law....just been setting in the Senate's inbox waiting for the Senate to take action.   The HEROS Act included a 2nd round of $1,200 payments...up to $6,000 per family such as a husband & wife with three kids getting $6,000.  The $1,200 payment would also allow payments to people with ITINs...and this ITIN payment would also be retroactive to the CARES Act that authorized the first round of $1,200 payments.  But as mentioned the HEROS Act went no where in the Senate....dead on arrival to quote Senator McConnell. 

 

On 27 July the Senate Republicans finally revealed their bill/proposal....they call it the HEALS Act which has a lot of resistance from some Senate Republicans and most to all Senate Democrats.  It changed quite a bit over the last few days as Senate Republican and the White House had discussions.....but Democrats were left out of the discussions.  Senate McConnell labels the HEALS Act/proposal as a "starting point"....see partial quote from a news article below.

 

At the bottom is a partial quote of the HEALS Act/proposal....I bolded the $1,200 payment provision which supposedly has the same rules as the CARES Act which became law.  That is, $1,200 per adult, $500 for dependents, $75K to $99K income tapper/cutoff range, folks with ITINs do not get payment, etc....same rules as the CARES Act that became law.   But remember, this is only a proposal at this stage...lots of negotiating still to occur....details and fine print to materialize as the Democrats and Republicans fight it out.  But IMO option the $1,200 payment will stay rock solid...definitely occur simply because too many people are expecting it "and it's election year."

 

And the House Speaker has already said the HEALS Act/proposal is a no-go in its current form because it doesn't include more aid for relief funds for state & local govts, it greatly reduces the $600 weekly unemployment supplement, and the liability relief only protects business and not workers.  Basically doesn't include a lot of things in the HEROS Act.   

 

So, what happens now.  Our elected representatives go back-and-forth probably for the next week or two in trying to reach a compromise....the act/proposal mutates....some things get added...some things get deleted....cost of the proposal goes up....something that can pass in both chambers of the Congress.  They will probably come up with a new name for the compromise act and get the act passed through the House and Senate....then to the president so he can sign it and tweet about it.   Now its law....can go into effect.

 

We are now around mid August.  The Treasury/IRS has said they will probably be able to get initial payments out within one to three weeks of law passage based on lessons learned/info gained from the first round of payment.  So, we are probably looking at late August (I figure around 24 Aug earliest) to around Labor Day (7 Sep) to start seeing $1,200 payments from this second round of payments.  

 

HEALS Act Proposals

https://www.cnbc.com/2020/07/27/coronavirus-stimulus-updates-republicans-unveil-relief-bill.html

 

 

Looks like they’re going with heals act and looks like at least one more $1200 per person check. 

[DerekJ]

I don’t know if they’ve officially signed it yet but they are working on it 

[DerekJ]

I’m just going to save this one 

[TallGuyJohninBKK]

10 hours ago, DerekJ said:

And btw it ain’t gonna be the last check either apparently but at least one more $1200 per person $2400 for married couples. The bill is in the final stages of being signed today. 

 

Not quite... At least, not in this universe... What one are you in?

[Pib]

12 minutes ago, DerekJ said:

I don’t know if they’ve officially signed it yet but they are working on it 

Well, you've already made numerous posts in this thread it was just signed, going to be signed tomorrow, etc. 

 

Don't know if you are just confused on how a law is passed...the steps a bill must go through before it's voted on and possibly becomes law....or you are just trolling us.

 

 

[utalkin2me]

So, this credit is "confirmed", but bill not signed? 

 

I would not even count on this yet. Likely sure. But you are talking about how to get it already and it does not even have to come into existence. Not that a little planning ever hurt. 

[utalkin2me]

10 hours ago, DerekJ said:

And it’s supposed to be deposited a lot faster this time for those of us on benefits. Hopefully after the bill is signed soon we’ll know an exact date but right now they’re saying expect your second check before the end of August. We got our first one no problem. If you really didn’t receive the first one then you should be on the phone because almost everyone was eligible for the first one and sounds like everyone will be eligible for the next stimulus they’re not cutting anyone out this time in fact that’s partially why it’s been slow arguing over more money or not and who’s eligible. Apparently this time they’re trying to make ALL dependents eligible for it.

 

Last time not all dependents were eligible this time they should be depending on what the president signs but one things for certain 

 

WE ARE ALL MOST CERTAINLY GETTING ANOTHER STIMULUS CHECK FOR AT LEAST $1200 per person $2400 per married couple. 

It is not as if I am rooting for you to be wrong, but it is the "heals act". 

 

Has the heals act been signed yet? Correct me if I am wrong, but I don't think so. 

 

Why is everyone jumping the gun. Bills get changed in all sorts of ways right before signing all the time. 

[Why Me]

Question if anyone can help:

I got my first check by snail mail even though the IRS surely has my credit union info from my filing every year and payments I made. What to do to get them to deposit the next check (fingers crossed) in my account?