Individuals who are receiving SSI need to be aware of several key elements related to the stimulus payment:
- Stimulus payments are NOT taxable.
- Stimulus payments received by the individual that are initiated through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) will not counts as income in the calculation of the individual’s SSI amount for that month (26 U.S. Code § 6409).
- Stimulus payments will not be counted as “resources” for a twelve month period following the receipt of the funds (26 U.S. Code § 6409).
- I am not typically required to file a tax return. Can I still
receive my payment?
- NO. You must file what is called a $0 dollar tax return.
If you don’t file taxes, use the “Non-Filers: Enter Your Payment Info Here” application to provide simple information so you can get your payment. You should use this application if:
- You did not file a 2018 or 2019 federal income tax return because your gross income was under $12,200 ($24,400 for married couples). This includes people who had no income. Or
- You weren’t required to file a 2018 or 2019 federal income tax return for other reasons.