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Furthermore for ssi the stimulus money won t count as a resource asset.
Stimulus when on ssi. Most people who got a 1 200 stimulus payment last year via direct deposit will get their second round 600 stimulus payment the same way and likely more quickly than they did in 2020 according to the internal revenue service irs. When will i receive my stimulus check. If you receive federal benefits including ssi and ssdi as your only form of income you weren t required to file a federal income tax return in 2018 or 2019.
Unless you still have all or part of it 12 months after receiving it. Plus it s not taxable. Under the cares act you were still.
You first received ssdi or ssi on or after january 1 2020. This category applies to anyone who started receiving social security including retirement survivors or disability ssdi or. In addition you don t need to report it as income to the social security administration.
However one of the biggest proposed changes could come if president elect joe biden s stimulus plan which proposes adding an extra 200 to millions of monthly social security payments is. If you currently receive ssi benefits the stimulus check won t count as income to you.
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