The Treasury Department and Internal Revenue Service launched a new web tool on IRS.gov Friday that enables quick registration to receive Economic Impact Payments — also known as Recovery Rebates — faster and was designed to “help millions of people” who don’t usually file a tax return, they said.
The non-filer tool, developed as part of a partnership between the IRS and Free File Alliance, provides a free and simple option for those who don’t have a tax return filing obligation, including those Americans with too little income to normally file, they said in a joint announcement.
“People who don’t have a return filing obligation can use this tool to give us basic information so they can receive their Economic Impact Payments as soon as possible,” according to IRS Commissioner Chuck Rettig.
(Webcast on April 16: Stimulus Plan Update: Tax Impact of Early Withdrawals & RMD Waivers)
Economic Impact Payments are a key component of the Coronavirus Aid, Relief and Economic Security (CARES) Act, and are intended to help Americans deal with economic hardships brought on by the coronavirus crisis.
The rebates will be distributed automatically to most people starting next week, the IRS and Treasury Department said. Eligible taxpayers who filed tax returns for 2019 or 2018 will receive the payments automatically, and automatic payments will also be made “in the near future to those receiving Social Security retirement or disability benefits and Railroad Retirement benefits,” they said.
To use the tool, users can visit IRS.gov, scroll down, look for a blue box saying “Non-Filers: Enter Payment Info Here” and click on it. They can then provide basic information including their Social Security number, name, address and dependents. The IRS will then use that information to confirm eligibility, calculate the payment one qualifies for, and send the payment.