Spread the Word! Deadlines Approaching for Unclaimed Stimulus Payments
The Coronavirus Aid, Relief, and Economic Security (CARES) Act provided economic impact payments to individuals up to $1,200 and $500 for each qualified child to help dampen the impact of the economic fallout of COVID-19. Most people have already received their payments.
But about 12 million people who make so little they do not file taxes have not claimed their payments, and they have an October 15 deadline to do so in order to receive the payments in 2020. This group includes very low-income families with children, people disconnected from work opportunities for a long period, and many low-income adult-only households. A simple IRS form they may not know about now stands between them and their much-needed stimulus funds.
Additionally, the IRS is extending to September 30, 2020 the deadline for recipients of Social Security, federal disability benefits, and other benefits – who have already received their individual payment – to apply for an additional $500 for each qualifying child.
Help spread the word about the September 30 and October 15, 2020 deadlines for non-filers to complete the IRS form to receive their full Economic Impact Payment.
The Center on Budget and Policy Priorities (CBPP) estimates there are 12 million people who are eligible for Economic Impact Payments (EIP) but must file an online form with the IRS by October 15 to claim the funds this year. Otherwise, they must file a 2020 tax return next year to receive the payment in 2021. The CBPP report provides demographic information, state by state numbers, and suggestions for steps that states, as well as community and legal service providers, can take to help the most vulnerable individuals claim the substantial economic stimulus payment.
In addition, Social Security, Supplemental Security Income (SSI), Department of Veterans Affairs and Railroad Retirement Board beneficiaries who do not file tax returns already automatically received their individual stimulus payments, but those automatic payments did not include funds for qualifying children. If these beneficiaries have not already used the “Non-Filers tool,” they must do so by September 15 to receive an additional $500 per qualifying child.
The best way to claim both types of payments is to use the Non-Filers: Enter Payment Info Here link on the IRS website. But it is also possible to print and mail the information. Instructions on how to do so are on the IRS Economic Impact Payment Information Center in the answers to the questions. “Can I print information to register me for the Payment if I use the Non-Filers: Enter Payment Info Here tool?” and “May I mail Form 1040 or Form 1040-SR with information Necessary for my Payment instead of using the Non-Filers: Enter Payment Info Here tool?”
Questions about stimulus payments are on the IRS website in the Economic Impact Payment Information Center. CBPP has resources to support EIP outreach work, including flyers, press release templates, FAQs, and additional outreach tools. Please also spread the word that people who received an EIP prepaid card should activate it or replace it to receive their money.
- Center for Budget and Policy Priorities: Aggressive State Outreach Can Help Reach the 12 Million Non-Filers Eligible for Stimulus Payment
- IRS takes new steps to ensure people with children receive $500 Economic Impact Payments
- Center for Budget and Policy Priorities: Stimulus Payments Outreach Resources
- NCLC: IRS Sending Letters About Unactivated Stimulus Prepaid Cards
- NCLC: The EIP Stimulus Payment Prepaid Card: Not a Scam; How to Avoid Fees (sample card and mailer)
- NCLC’s COVID-19 website (continually updated) has extensive information on responses to the crisis, including state-by-state information on orders that have been issued