Millions of Americans who rely on Social Security benefits will be fed their third Coronovirus Stimulus check in the next week.
The Internal Revenue Service and Social Security Administration say they have finally resolved a bureaucratic fabric that forced it Estimated 30 million Federal beneficiary to wait for $ 1,400 payment.
Officials said those people receive money from Social Security, Supplemental Security Income or Rail Service Retirement Board programs and have not filed tax returns for the past two years or submitted payment information to the IRS.
Social Security officials did not send full payment files for these beneficiaries to the IRS until Thursday, by which time the tax agency had already distributed 127 million payments to Americans, whose information was on file.
The IRS says it expects to review Social Security data and begin incentive payments for affected benefit recipients by the end of this week. The agency said that most of the checks would be sent electronically, so they would officially land in beneficiaries’ bank accounts on April 7 or on their direct express debit cards.
“Our teams immediately began processing the data received last week for federal benefit recipients,” IRS Commissioner Chuck Retig Said in a statement Tuesday. “We know how important these payments are and we are making every effort to make these payments for these important individuals as soon as possible.”
The Social Security Administration sent the necessary payment data after the House Ways and Means Committee demanded The agency does so within 24 hours so that about 30 million affected beneficiaries can receive their much awaited funds.
Democratic lawmakers on the panel quipped on SSA Commissioner Andrew Saul’s delay, saying they “rejected the intent of Congress and inflicted unnecessary anxiety and pain on taxpayers.”
But Saul disputed those claims, stating that his agency moved just as fast due to the constraints of the Social Security Act and the American Rescue Plan Incentive Bill, which did not provide “direct appropriation” to the SSA.
Saul said, “No one is more committed to serving the public than the employees of this agency, and there should be no doubt that those who are striving every day to serve the vulnerable population for their careers Are, ”Saul said. Thursday’s statement. “I think any urge is the opposite of being unacceptable.”
Not every Social Security recipient was caught in delay. The IRS said that many beneficiaries eligible for the incentive check received them in the last three weeks if they filed income tax returns for 2019 or 2020, or filled out the IRS form for non-filers last year.
Officials said the IRS is also working to review payment data for Veterans Affairs benefit recipients and may distribute checks to those not filing tax returns regularly until mid-April.