All Boards => Current Events => Topic started by: dont-blameme on 04 01, 20, 06:52:50:PM



Title: Stimulus payments for senior citizen drawing SS will be bogged down
Post by: dont-blameme on 04 01, 20, 06:52:50:PM
IN I R S red tape, they will have to file a tax return for 2019 with the IRS. In my case I haven't filed a tax return since 2007, the hassle of getting the paper work needed making an appointment to talk to a person by phone that does taxes then fax This fax that bullshit is not worth $1200.00 you'll get and plus a lot of old and sick seniors won't be up to the task and the hassle involved, thanks to the IRS and the red tape jungle of something that could of been handled real simple means less money sent out.


Title: Re: Stimulus payments for senior citizen drawing SS will be bogged dow
Post by: justincase on 04 01, 20, 06:56:59:PM
I agree, it's ridiculous. I know someone else who is going to have to file in order to get her stimulus check. I had to file a tax return due to my Fidelity distributions, so I lucked out. Even got a refund this year for the first time in several years.


Title: Re: Stimulus payments for senior citizen drawing SS will be bogged dow
Post by: dont-blameme on 04 01, 20, 07:06:56:PM
Untill the IRS got involved my understanding was social security was going to handle stimulus deposits for seniors, and those on disability they have all their information at hand, but the all mighty IRS to the rescue, with all their bureaucrat red tape bullshit.


Title: Re: Stimulus payments for senior citizen drawing SS will be bogged dow
Post by: dont-blameme on 04 01, 20, 07:08:38:PM
Congrats on the refund, just think you get to pay taxes on it when you file for this year!(http://www.aesopsretreat.com/forum/Smileys/classic/grin.gif)


Title: Re: Stimulus payments for senior citizen drawing SS will be bogged dow
Post by: gwboolean on 04 01, 20, 07:09:05:PM
Was anyone expecting anything in the government that Pandemic Pussy has put together to not be fucked up?


Title: Re: Stimulus payments for senior citizen drawing SS will be bogged dow
Post by: justincase on 04 01, 20, 07:10:32:PM
Congrats on the refund, just think you get to pay taxes on it when you file for this year!(http://www.aesopsretreat.com/forum/Smileys/classic/grin.gif)

Yeah, isn't it great?! They get ya coming and going.


Title: Re: Stimulus payments for senior citizen drawing SS will be bogged dow
Post by: chuck_curtis on 04 01, 20, 07:33:57:PM
Imagine this.  People bitching about free money.   (https://www.aesopsretreat.com/forum/Smileys/classic/huh.gif)


Title: Re: Stimulus payments for senior citizen drawing SS will be bogged dow
Post by: dont-blameme on 04 01, 20, 07:42:06:PM
Not really a bitch it's just that some of the older and sick won't get it due to red tape, nothing is never simple with government at any level as for me I'm not going to bother with don't need it no way.


Title: Re: Stimulus payments for senior citizen drawing SS will be bogged dow
Post by: justincase on 04 01, 20, 07:43:05:PM
Well, considering it's our money anyway, why should they make it so difficult for the oldest, or those who might need it most, to get what is rightfully theirs? I think Blammie is right...the harder it is to get, the more of our money they get to keep.


Title: Re: Stimulus payments for senior citizen drawing SS will be bogged dow
Post by: chuck_curtis on 04 02, 20, 01:12:49:AM
Quote
just think you get to pay taxes on it when you file for this year!

Just think, you won't.


Title: Re: Stimulus payments for senior citizen drawing SS will be bogged dow
Post by: Dan on 04 02, 20, 01:30:57:AM
Actually, dbm, filing a tax return is pretty easy.  You can file online with TurboTax free of charge.  And since you you haven't filed in 13 years, I assume you have very little income and no special circumstances, so you could probably file the 1040EZ.  You don't need to consult any tax accountant.  All you need to do is answer the questions step by step.  You should be able to do it in less than a half hour.

Justin,

What do you mean it's "our" money?  We didn't earn it.  It's not a refund for overpaying taxes.  It's a gift that future taxpayers will pay for.


Title: Re: Stimulus payments for senior citizen drawing SS will be bogged dow
Post by: dondc on 04 02, 20, 01:51:12:AM
I believe the whole have to file an income tax return thing has been dropped.


Title: Re: Stimulus payments for senior citizen drawing SS will be bogged dow
Post by: takncarabizniz on 04 02, 20, 01:56:44:AM
My understanding was that we won't have to pay taxes on it, however, there will be a form, or spot on your return to acknowledge whether or not you received it.


Title: Re: Stimulus payments for senior citizen drawing SS will be bogged dow
Post by: justincase on 04 02, 20, 02:03:13:AM
Also...

The Treasury Department, clearing up confusion, has announced Social Security recipients will not have to file a tax return in order to receive the economic stimulus payments the government is preparing to send out amid the coronavirus pandemic.

It was unclear in guidance posted earlier this week whether Social Security recipients who don't normally file taxes would have to in order to receive the money. But the Treasury Department said Wednesday that those beneficiaries will automatically receive the money. The IRS will use the information that the Social Security Administration has on file.
Social Security recipients won't have to take any action.



https://www.cnn.com/2020/04/01/politics/social-security-stimulus-payments/index.html


Title: Re: Stimulus payments for senior citizen drawing SS will be bogged dow
Post by: Dan on 04 02, 20, 02:04:26:AM
I believe the whole have to file an income tax return thing has been dropped.

Your income tax return is how the IRS can check if you earned over $75,000 ($150,000 per couple).  For those with little or no income, they are not required to file.  But the IRS needs to know you exist so they can pay you.


Title: Re: Stimulus payments for senior citizen drawing SS will be bogged dow
Post by: dondc on 04 02, 20, 02:51:05:AM
I meant the people on SS who didn't make enough money to have to file.
I filed my 2020 already, and paid, because the government needs the money.  I was tempted to leave it in the bank till July 15, but the interest it would earn me wasn't worth it.  Hell I think the bank is thinking of negative interest.
I don't really need the $2,400,. I wish the law had been written to make sure those out of work, or out sick get paid.  We paid the cleaning lady $100, today for not coming in and cleaning.  She has a mother, daughter, and new born twin grand son living with her.
I won't be suprised if I never $2.400 either, though I fall in that earnings range.


Title: Re: Stimulus payments for senior citizen drawing SS will be bogged dow
Post by: Baretta19 on 04 02, 20, 06:42:25:AM
Sep 11, 2018 - Nearly 40 million Social Security numbers have been stolen and used by illegal immigrants and others to get work, according to agency ..

Apr 25, 2012 - Illegals often get jobs by using illegally obtained, forged, or invalid Social Security numbers. Employers in turn withhold payroll taxes and report


Title: Re: Stimulus payments for senior citizen drawing SS will be bogged dow
Post by: dont-blameme on 04 02, 20, 08:44:41:AM
Dan my retirement is not taxable as all taxes on that money was paid as it went into the fund, My social security isn't an amount that would require me to pay taxes each year. So that why I no longer file a tax return.


Title: Re: Stimulus payments for senior citizen drawing SS will be bogged dow
Post by: chuck_curtis on 04 02, 20, 12:14:12:PM
It's official.   What can be easier than logging into your bank account?

Social Security Recipients Will Automatically Receive Economic Impact Payments
https://home.treasury.gov/news/press-releases/sm967


Title: Re: Stimulus payments for senior citizen drawing SS will be bogged dow
Post by: bluespower on 04 02, 20, 04:50:07:PM
filing a tax return with direct deposit refund is the fed low road to getting a quick stimulus rebate
everybody else will get their rebate sooner or later