Few Veterans Might Need to Take This Extra Step to Get Their Stimulus Check

Veterans

Few Veterans Might Need to Take This Extra Step to Get Their Stimulus Check

Congress recently announced a $1,200 stimulus check for eligible taxpayers whose income meets the eligibility threshold passed under the new Coronavirus Aid, Relief and Economic Security (CARES) Act. Adjusted Gross Income as per your 2019 tax return or your 2018 tax return will determine your income eligibility limit. 

However, if you are someone whose income level is not sufficient to file a tax return or if your income is non-taxable, such as VA Disability Compensation, how will you qualify to get the stimulus check?

The great news is that you will still be eligible for the stimulus check. But it may not be sent automatically. Even if your income is low, you may need to file a return to receive the stimulus check.

2020 Economic Stimulus Check Eligibility

The stimulus check will assist individuals with low-income levels. Single taxpayers with AGI of $75,000 or lower are eligible for the entire $1,200 check. The check amount will lessen depending on your income. Individual taxpayers with an AGI above $99,000 cannot claim the benefit of a stimulus check.

Similarly, married taxpayers who file jointly are each eligible to get a stimulus check, up to a total of $2,400. The qualifying income limit for married couples is twice than single individuals. Married couples with an annual gross income of $150,000 or less will receive the full $2,400. The amount phases out until the upper limit of $198,000. Any married couples earning more than $198,000 will not qualify for a stimulus check.

There is an additional $500 for each child under the age of 17 who is claimed as a dependent.

How and When You Will Receive Your Stimulus Check

Ideally, no action is required from your end. The IRS is processing stimulus checks automatically. IRS plans to issue checks in the same manner as taxpayers are selected to get their tax refunds when they filed their taxes. 

What if You Didn’t File a Tax Return?

If your income falls under a specific limit, you don’t need to file a tax return. You also don’t file a return if your income is non-taxable as in the case of Social Security Disability (SSDI), VA disability compensation, Supplemental Security Income (SSI), dependency and indemnity compensation (DIC), or similar benefits.

If your only source of income is through Social Security benefits or Social Security benefits and VA disability compensation, you are covered. The IRS did mention that it will automatically send stimulus checks to those who receive Social Security benefits.

However, if you do not file tax returns because of low income and you don’t get Social Security benefits, must file a tax return to get your stimulus check.

Many lower-income individuals who receive VA disability compensation fall in this category.

If this describes you, you must file a tax return this year to obtain your stimulus check, even if your income level doesn’t need you to file one. This way IRS will be able to check whether you qualify for a stimulus check or not. If you don’t file a tax return, you might not receive a check.

See your eligibility for VA Home Loan today!

6 Comments
  • Ronald Mcdonald
    Posted at 18:44h, 23 April Reply

    I get VA Disability and Social security will I get a Stimulus payment?

    • Gremlins Mom
      Posted at 22:19h, 27 April Reply

      If your only source of income is through Social Security benefits or Social Security benefits and VA disability compensation, you are covered. The IRS did mention that it will automatically send stimulus checks to those who receive Social Security benefits.

    • Daniel Mullenax Sr.
      Posted at 01:38h, 30 April Reply

      navpelnaz@yahoo.com trying to figure out when I will get the stimulus check

  • Christopher Salazar
    Posted at 17:43h, 19 April Reply

    That non filers site sucks. It keeps saying I am doing something wrong! I know I am not the only one. Are we about to be left out of the stimulus, because that is what it feels like.

  • Eric Adamo
    Posted at 12:27h, 14 April Reply

    There’s another error with this filing for taxes through the IRS’s online system. In order to be eligible through their online form, according to their rules, one must make less than $12,000 (single filer) or $24,000 (married filer). I tried multiple times using their online portal to file for my taxes and it got reject multiple times. I know i’m not the only Veteran who has a pension or disability compensation that makes more than $12,000 a year. There’s an error in the IRS’s system for Tax Exempt Veterans. This needs to be reported. I wrote a letter to the IRS with my tax forms. As though I were filing my taxes through the physical mail. I asked them about this error and problem. I’m tempted to call the Department of Treasury about this problem. I can also contact the IRS too. I’d rather not waste my time on hold over the phone for too long.

  • Fabian Noggle
    Posted at 08:22h, 10 April Reply

    i find this disgusting that with my only source of income being NON taxable ( VA disability) i will be forced to file a tax return on NON taxable income in order to claim the $1200 covid stimulous? really i have to file a tax return on NON taxable income? anyone else feel like this is stupid? anyone else in similar position feel like if we have to jump through this hoop the fed should give us double? i mean if the income is taxable that is one thing but va disability is not taxable furthermore, the US treasury has direct deposit information on file for those receiving VA disability so i want to know the hidden reason behind forcing a tax return to be filed.

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