$1,400 Stimulus Check Problem: One Group Still Is Missing Their Money

$1,400 Stimulus Check Problem: One Group Still Is Missing Their Money

Overall, many Veterans Affairs beneficiaries still haven’t seen their stimulus money.

 

The Internal Revenue Service unleashed its seventh batch of $1,400 stimulus payments on Wednesday, bringing the total number of payments disbursed so far from the American Rescue Plan to 163 million payments, but some people may still be waiting for their direct relief—certain veterans and their beneficiaries. 

The payments have been issued in groups each week, with the first batch sent out on March 12. Millions of Americans who receive government benefits, however, don’t file taxes since they don’t meet the income requirements to file. In this case, the beneficiaries may not have gotten the money from the IRS since the agency didn’t have information on file to process their payments. Those people include beneficiaries from Social Security, Supplemental Security Income, the Railroad Retirement Board and Veterans Affairs. 

 

Last week, $26 billion went to more than 19 million Social Security beneficiaries, including those on retirement, survivor or disability benefits. Three million payments, with a total cost of almost $5 billion were sent to Supplemental Security Income beneficiaries, and roughly 85,000 payments, worth $119 million, went to Railroad Retirement Board beneficiaries.  

But many Veterans Affairs beneficiaries still haven’t seen their stimulus money. The IRS indicated, however, that nonfiling veterans and their beneficiaries should have received their stimulus payment on April 14. Beneficiaries can check the status of their direct payment by using the agency’s Get My Payment tool. 

Wednesday’s disbursement of direct aid includes nearly two million payments, with a value of more than $4.3 billion. The majority of payments in the most recent batch went to eligible individuals who didn’t have information on file with the IRS but recently filed a tax return.  

The latest batch also included the additional supplemental payments, or “plus-up” payments, for people who had their third stimulus check based on 2019 tax returns but are now eligible for a new or larger payment due to their recently submitted 2020 tax returns. To qualify for a “plus-up” payment, a person’s 2020 income must be lower than their 2019 income. People could also be eligible if a baby or dependent was added to their 2020 tax return.

About 1.1 million of the payments were issued by direct deposit, and the rest was sent by paper check.  

Eligible recipients for the full stimulus payment include single filers earning up to $75,000, and joint filers making up to $150,000. Individual filers earning up to $80,000 and joint filers making up to $160,000 will receive smaller amounts. Eligibility is based on the most recent tax return and adjusted gross income. 

And eligible taxpayers who were alive as of Jan. 1, 2021, qualify to receive a payment. 

President Joe Biden’s rescue plan also widened the eligibility pool for dependents, allowing dependents over the age of sixteen to qualify. Those under the age of nineteen, under the age of twenty-four and are students or any age and are permanently and totally disabled qualify as a child for the additional tax relief. The change in eligibility made 13.5 million more people able to receive the stimulus checks.  

Rachel Bucchino is a reporter at the National Interest. Her work has appeared in The Washington Post, U.S. News & World Report and The Hill. 

 

Image: Reuters