Latest Tax Newsletter

Tax Tip: IRS Reopens Online Tool for Non-Filers to Receive EIPs for Children

The U.S. Treasury continues its efforts to ensure that all eligible Americans receive their 2020 Economic Impact Payments (EIPs, also called stimulus payments) before the end of the year. Currently, the IRS is reaching out to federal benefits recipients with qualifying children who have not yet received their $500-per-child supplemental EIPs, often because they did not file a 2018 or 2019 tax return. You may qualify for one or more of these $500 payments if all of the following apply to you:

  • You receive Social Security, Supplemental Security Income (SSI), Railroad Retirement and/or Veterans Affairs (VA) benefits.
  • You are not required to file a federal income tax return.
  • You have dependent children under the age of 17 who live with you for more than half of the year.

The IRS urges anyone meeting these requirements to register online using the Non-Filers: Enter Payment Info Here portal (see link below) as soon as possible. To receive their $500 supplemental EIPs before the end of the year, applicants should register by the September 30, 2020 deadline. Most of these payments are expected to be issued by mid-October.

Those who do not wish to provide their information online may be able to provide the necessary information to the IRS by printing out and mailing the online registration form, or submitting a simplified 2018 or 2019 paper tax return (Form 1040 or 1040-SR). If you miss the registration deadline to receive the EIPs to which you are entitled in 2020, you may still be able to receive them by filing a 2020 federal tax return and claiming the EIPs as a refundable credit.

“IRS Non-Filers: Enter Payment Info Here” portal: https://www.irs.gov/coronavirus/non-filers-enter-payment-info-here