March 31, 2020

Dear 6th District, 

Thank you for all you are doing to keep our community safe and healthy during this time. The social distancing measures put in place are there to make sure we flatten the curve and keep each other healthy during this crisis. 

Last week, the House passed and the President signed the 3rd COVID-19 aid package, the CARES Act, which allocated over $2 trillion to help the American economy through this crisis. The CARES Act includes “direct payments” to American workers and families. Given the amount of information that is floating around in the public eye, I wanted to provide you with facts directly from my office regarding the process, what this money means, who is eligible, and how the money will be dispersed. 

FREQUENTLY ASKED QUESTIONS
 
When will the rebates be distributed?
The Internal Revenue Service (IRS) will work to deliver rebates quickly in the form of advance payments. For people who filed a federal income tax return in 2018 or 2019, payment processing will be based on payment or address information already on file with the IRS. Electronic distributions will be automatic to an account the payee authorized January 1, 2018 or later.

How large are the rebates?
The amount of the rebate depends on family size. The payment is $1,200 for each adult individual ($2,400 for joint filers) making under $75,000 per year, and $500 per qualifying child under age 17. The advance payment of rebates is reduced by $5 for every $100 of income to the extent a taxpayer’s income exceeds $150,000 for a joint filer, $112,500 for a head of household filer, and $75,000 for anyone else (including single filers).

Do rebates need to be repaid?
No, rebates do not need to be repaid. If an individual experienced an income loss in 2020 or if they have an increase in family size, they may be able to claim an additional credit of the difference when the individual files their 2020 tax federal income tax return in 2021.

How will rebates be delivered?
It depends. Rebates will be delivered automatically—by the IRS—to most Americans who file individual federal income tax returns. When available, electronic direct deposit will be used in place of mailing a physical check. 

Many individuals don't need to file a tax return. Are non-filers eligible for rebates?
Yes. There is no earned income requirement to be eligible for a rebate. However, non-filers, including Social Security beneficiaries and other beneficiaries of federal programs, may need to take additional steps to receive their rebates. This process is still evolving, and IRS is posting specific guidance at www.irs.gov/coronavirus.

How will a person who has recently moved access rebates? 
The IRS will determine payment delivery systems for everyone entitled to rebates. 

Will the rebates affect my eligibility for federal income-targeted programs?
No, the rebate is considered a tax refund and is not counted towards eligibility for federal programs.

What identification requirements apply to receive rebates?
Taxpayers must have Social Security Numbers for themselves and their qualifying children in order to receive rebates.

Will most people who are receiving Social Security retirement and disability payments each month also get a stimulus payment?
Yes.

Will this rebate affect my social security benefits of income based assistance programs? 
No. This rebate will not be counted as taxable income. 

Do college students receive the payments?
Not if anyone claims them as a dependent on a tax return. Usually, students under the age of 24 are dependents in the eyes of the IRS if a parent pays for at least half of their expenses. 

What if I am an adult but someone claims me as a dependent?
You can’t get a payment if someone claims you as a dependent, even if you’re an adult.

STAYING UP-TO-DATE

Please follow me on social media to learn the latest about what I am doing in response to COVID-19. I will also continue to provide regular updates through these newsletters going forward. Please pass this information along to friends and community members, or direct them to my website where all of this information will be posted after it is sent out. We will all get through this crisis together by staying informed and lifting each other’s spirits!


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Stay well and keep healthy!

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