House Democrats are asking the IRS and Treasury Dept to automatically send the $1,200 economic stimulus payments to those reliant on veteran benefits, very-low income seniors and those with disabilities, according to a letter sent Friday.
- NOTE: Treasury has said those reliant on veterans benefits and Supplemental Security Income, which are normally not required to file taxes, need to file a simplified tax return to receive the stimulus payments
- “Many lack the capacity or resources to file taxes, especially during the current pandemic when tax assistance sites are closed and many other normal resources are unavailable,” the letter says
- NOTE: ...
Learn more about Bloomberg Tax or Log In to keep reading:
See Breaking News in Context
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools and resources.