Jump to content
VA Disability Community via Hadit.com

Ask Your VA   Claims Questions | Read Current Posts 
  
 Read Disability Claims Articles 
 Search | View All Forums | Donate | Blogs | New Users | Rules 

  • homepage-banner-2024-2.png

  • donate-be-a-hero.png

  • 0

VA on disabled veteran's stimulus paymemts

Rate this question


Berta

Question

Office of Public and Intergovernmental Affairs

 

VA Partners with Treasury Department to Deliver Economic Impact Payments to Veterans

April 17, 2020, 03:31:00 PM

 

"VA Partners with Treasury Department to Deliver Economic Impact Payments to Veterans

WASHINGTON — The U.S. Department of Veterans Affairs (VA) announced today it is working directly with the Internal Revenue Service (IRS) and U.S. Treasury Department to ensure delivery of ‘Economic Impact Payments’ to Veterans who receive Compensation and Pension (C&P) benefit payments from VA without additional paperwork or IRS filings.

 The ‘Economic Impact Payments,’ authorized by the Treasury Department under the 2020 Coronavirus Aid, Relief, and Economic Security (CARES) Act, will be issued automatically to recipients of non-taxable VA benefits who did not file annual income tax returns for 2018 or 2019. VA and the IRS have been collaborating since the passage of the CARES Act to ensure Veterans receive their EIP.

 “Many have expressed concern that Veterans and their beneficiaries would be overlooked during the distribution of Economic Impact Payments from the CARES Act simply because they don’t file an annual tax return,” said VA Secretary Robert Wilkie. “This collaboration will ensure our Veterans receive CARES Act payments without any additional action or paperwork required.”

 Economic Impact Payments will be automatic for non-tax filing VA beneficiaries. For VA beneficiaries who filed a Form 1040 for 2018 or 2019, those payments will also be automatic. No further action is needed. They can track the status of their payments on the Get My Payment tool on IRS.gov. For non-tax filing VA beneficiaries, please note their information will be loaded on this tool within the next few weeks.

 For VA beneficiaries who didn’t file a tax return in 2018 or 2019 and have a dependent, there is a special step they need to take, and the sooner the better. They should visit the Non-Filer: Enter Payment Info Here tool on IRS.gov. By quickly taking steps to enter information on the IRS website about them and their qualifying children, they can receive the $500 per dependent child payment in addition to their $1,200 individual payment. 

VA recognizes that many non-tax filing beneficiaries have already begun using the IRS’ EIP payment portal to provide the necessary data to IRS to receive their EIP. There will be no interruption to payments being processed using the IRS portal, and Veterans with internet access are encouraged to continue providing information and track their EIP through the IRS portal. 

For those who do not have access, or choose not to use the IRS portal, their EIP will be processed without further action on their part.

 While no date for distribution has been set at this time, VA is securely sharing necessary beneficiary data with Treasury which will allow Treasury to begin issuance of Economic Impact Payments.

 For more information on CARES Act ‘Economic Impact Payments,’ visit: https://www.irs.gov/newsroom/economic-impact-payments-what-you-need-to-know."

VA Press Release April 17, 2020, 03:31:00 PM

Link to comment
Share on other sites

Recommended Posts

  • 0
  • HadIt.com Elder

Hey bronco  I am out of a & Job fixing to be homeless...MMmmm  

hint hint😪.....................................................................😉

Link to comment
Share on other sites

  • 0
  • HadIt.com Elder

Hamslice Nice of you to buy the little lady a new toy. You know, however, it doesn't end there. Now you're going to increase  your phone plan to pay for all the extra time she is going to use🤐

Link to comment
Share on other sites

  • 0
  • HadIt.com Elder

I hope we get ours soon , here it is the 20th of April, close on May 8th  it  be nice to help me pay the additional cost of selling my house   we owe 260.000  we sold it for 273.000  13.000.00 profit  5 % of 273 is 13.650.00 we got to come up with an extra 650.00  just to sell our house  the realtors and everyone involved like title company ect,,ect,,   gets this 13.650.00

Sure don't seem right for the home owner  but I've check this all out with an attorney  he assured me everything is correct....grrrrr

In Texas  using a certified insured  licensed realtor the amount you sell your home for  cost 5% of that amount  so if you don't have an equity or own a lot on your home   it cost you 5% of the base price you sell it for.

so this stimulus $$  will help getting another house at the closing.

if I don't catch this damn covid 19 crap grrrrrr

Edited by Buck52
Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

Guidelines and Terms of Use