Wednesday, August 13, 2025
spot_img
spot_img
HomeNewsCaribbean NewsSocial Security recipients will automatically receive economic impact payments

Social Security recipients will automatically receive economic impact payments

WASHINGTON, USA  – The US Department of the Treasury and the Internal Revenue Service announced that Social Security beneficiaries who are not typically required to file tax returns will not need to file an abbreviated tax return to receive an Economic Impact Payment. Instead, payments will be automatically deposited into their bank accounts.

“Social Security recipients who are not typically required to file a tax return do not need to take an action, and will receive their payment directly to their bank account,” said secretary Steven T. Mnuchin.

The IRS will use the information on the Form SSA-1099 and Form RRB-1099 to generate $1,200 Economic Impact Payments to Social Security recipients who did not file tax returns in 2018 or 2019. Recipients will receive these payments as a direct deposit or by paper check, just as they would normally receive their benefits.

spot_img
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img
spot_img
spot_img

Caribbean News

Barbados committed to sensitising public about human trafficking

By Government of Barbados BRIDGETOWN, Barbados, (GIS) - Government is continuing its drive to sensitise citizens about human trafficking and its signs. To this end, four Transport...

Global News

Mobilising trade to curb plastic pollution – Global Trade Update (August 2025)

 GENEVA, Switzerland - Plastics have fueled global growth across various industries, but at an increasing environmental, economic, and social cost. Today, plastic pollution represents a...