The IRS has announced that it will begin to distribute $500 Economic Impact Payments (EIPs) to approximately 365,000 individuals. These individuals are Non-Filers who registered prior to May 17, but did not receive $500 dependent EIPs due to an IRS software problem.
IRS Commissioner Charles Rettig testified before the Senate Finance Committee on June 30. He stated that an IRS software problem caused the failure to make the $500 dependent payment to the 365,000 individuals.
The Stimulus Payment FAQ on IRS.gov has a series of questions designed to help Non–Filers.
FAQ 49 explains that Non–Filers who are not required to file an income tax return and do not receive Social Security, Disability, Supplemental Security Income, Veterans Benefits or Railroad Retirement Benefits must use the tool. "The IRS won't have the information necessary to issue you an Economic Impact Payment –– unless you provide some basic information for yourself, your spouse, and any qualifying children under 17. Entering your bank account information will allow the IRS to deposit your...More