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Steven T. Mnuchin

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COVID-19: Social Security Recipients Will Automatically Receive Economic Impact Payments COVID-19: Social Security Recipients Will Automatically Receive Economic Impact Payments
Covid-19: Social Security Recipients Will Automatically Receive Economic Impact Payments Seniors and others who receive Social Security will automatically receive an economic impact payment associated with the novel coronavirus (COVID-19) pandemic. The U.S. Department of the Treasury and the IRS announced on Wednesday, April 1, that Social Security beneficiaries who are not typically required to file tax returns will not need to file an abbreviated tax return to receive the benefit, payments will be automatically deposited into their bank accounts. “Social Security recipients who are not typically required to file a tax return do not need to take any action, and will receive t…

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by Kathy Reakes