Many of our viewers are wondering if they will get a stimulus payment.
One viewer called our coronavirus hotline and said, “There's a lot of us old people that hang around, and we were just wondering if the stimulus checks were going to be issued to people over 65 that's in the nursing home and do not file taxes."
Another viewer called in and said, "I'm just curious to know if the stimulus package is going to help veterans that are 100 percent and totally, permanently disabled."
Tax filers with an income up to $75,000 for individuals will receive the full $1,200 payment. Married couples with a combined income of up to $150,000 filing joint returns will receive $2,400. For filers with income above those amounts, the payment amount is reduced by $5 for each $100 above the $75,000/$150,000 thresholds. Parents of children who are claimed as a dependent will receive $500 for each child under 16.
But who is not eligible?
Single filers with income exceeding $99,000 and joint filers who make more than $198,000 will not receive payments. Dependent children over 16 will not receive the $500. This includes most college students who are still claimed as dependents under their parents.
Dependent adults, any person over the age of 18 who is claimed as a dependent on another person's tax return, is not eligible for a stimulus payment. Adults with disabilities and elderly people who are claimed as a dependent on a family member's tax return are not eligible.
Anyone without a Social Security number will also not receive a payment.
If you haven’t filed a 2018 or 2019 tax return, your best bet is to file a simple return to be eligible for a payment. This includes many low-income taxpayers, veterans and individuals with disabilities.
IRS officials say Americans should expect those payments some time around April 17.
If there is a coronavirus question you would like our Problem Solvers to look into, call our coronavirus hotline at 918-748-1502 and leave a message.
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