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Low-income people must act to get theirs

Low-income people must act to get theirs


Low-income people must act to get theirs

Susan Tompor
Detroit Free PressPublished 10:21 AM EDT Jun 4, 2020The coronavirus relief money, which began rolling out in April, has been sent to 159 million Americans, according to the Internal Revenue Service on Wednesday.The payouts totaled almost $267 billion. The IRS noted that 120 million Economic Impact Payments were sent via direct deposit, 35 million payments were made by paper check and 4 million payments were made in the form of a prepaid debit card.Did everyone who qualified receive the money? Not yet. The IRS said millions of low-income people, homeless people and others who aren’t required to file a tax return may still be eligible for an Economic Impact Payment. But they will need to take some action to give the IRS information on where to send the money. Don’t throw away those Visa debit cards: They have relief cashYour COVID-19 money questions, answered: Will assistance affect my Social Security check? Is it a good time to buy a house?The IRS said people who don’t normally need to file a return can register and use a “Non-Filers” tool at (You would not use that tool if you filed a 2018 return or if you will file a 2019 return. The IRS said using the tool instead of filing your 2019 return will slow down processing of your tax return and receiving any tax refund.)The Non-Filers tool is designed for people with incomes typically below $24,400 for married couples, and $12,200 for singles. The money is significant, particularly for lower-income people who qualify for the maximum payment. Married couples could qualify to receive up to $2,400, and others can qualify to receive up to $1,200. People with qualifying children ages 16 and younger can get up to an additional $500 for each child. The IRS said eligible nonfilers who use the tool by Oct. 15 would be able to receive their payment by the end of the year. Follow Susan Tompor on Twitter @tompor.

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