I have an interesting question in reference to Retired people and the Covid19 Economic Impact Stimulus checks. Last year my Father and mother collected Social Security as part of their retirement. According to the US Department of the Treasury web site they do not have to do anything to get the Economic Impact Stimulus and it will be automatically deposited into their account. However, in January of this year my father died. Because my father collected Social Security last year does my mother collect her as well has my late father's Economic Impact Stimulus Check?
The stimulus check will be based on the tax return from 2018 or 2019. Therefore, your mother will receive $2,400.
For other Coronavirus related details, please see the following resources:
- TurboTax COVID-19 Site
- How are my taxes affected by COVID-19?
- What do I need to know about the coronavirus stimulus package?
- IRS: Coronavirus Tax Relief