The Treasury Department and the Internal Revenue Service (IRS)
have already mailed 127 million
third stimulus payment
checks
, totaling $ 325 billion.
Yet nearly 30 million people are still waiting for your $ 1,400 aid (or more if they have children).
Those affected by these delays are those who receive Social Security, Supplemental Security Income, beneficiaries of the Railroad Retirement Board, and Veterans Affairs pensioners.
It wasn't until Thursday that the Social Security Administration sent his contact information to the IRS.
This after the Democratic legislators of the House Ways and Means Committee gave the agency 24 hours to
turn over the beneficiary information for the IRS to process the
stimulus
payments
, which will be made automatically, already either with a deposit or mailing of a check.
[How to track the $ 1400 stimulus check?]
Lawmakers, led by Ways and Means Committee Chairman Richard Neal, released a statement Wednesday blaming Social Security Commissioner Andrew Saul for the delays, which "defied the intent of Congress and
they imposed unnecessary anxiety and pain
on taxpayers, ”the document says.
Latinos begin to feel the impact of financial aid approved by Congress
March 25, 202101: 33
Saul responded on Thursday, saying that
the agency sent the files at 9:00 a.m.
that day and that the information had not been released earlier because the Social Security Administration was initially limited in what it could do. based on how your role is defined in the Social Security Act and the terms outlined in the American Rescue Plan Act.
"Once we had the freedom to move forward, we worked hard with the Department of the Treasury and the IRS to issue the payments," Saul said while ensuring that
the transfer of information was made a week before
what was done. last year when the first round of aid was paid.
[Haven't received your $ 1,400 aid check yet? Watch your account (or your mailbox) today]
Information from the Social Security Administration is vital to ensure that payments are delivered to the correct bank accounts and addresses.
Full payments of $ 1,400 are for those with incomes up to
$ 75,000
or married couples filing jointly with annual income up to $
150,000
.
Dependents, regardless of age, will also receive $ 1,400.
As with previous stimulus payments, the amount of the check will be reduced for those with income above these thresholds.
This third round of payments was based on the last tax return filed for 2020 or 2019, for those who have not yet filed taxes.
With information from CNBC and CNN.
