The Treasury Department is about to complete the $ 600 payments for the second round of economic stimulus, before which they explained during an information session the steps that should be followed by those who do not complete the form but received the first incentive of 1,200 USD for direct filling with the IRS.
According to the Deputy Secretary of Internal Revenue of the Treasury, Roxanna Santiago, this process must be through the submission of the 2020 declaration.
Next week this form should be available for electronic submission and “even if it is a non-submitting person”, you can request the $ 600 through it.
Undersecretary of Finance Ángel Pantoja explained that the 2020 salary includes a specific program to “make that catch” for people who received nothing or received less than indicated.
“In the payroll for 2020 we can reconcile a number of situations. It will be the B-3 program,” Pantoja said.
On the other hand, Santiago said the procedure is consistent with what the IRS is doing in the United States.
The agency’s secretary, Francisco Parés, pointed out that 44,000 people who received the payment of $ 1,200, according to his 2018 salary, did not receive second aid. “That group did not receive the $ 600 check because it did not file the 2019 return. At this final stage of the aid distribution, the recommendation is to file the 2020 return and apply for it as a repayable loan,” he said.
At the end of this week’s disbursement period, citizens who are able to receive the aid, who are still waiting, must apply for it as a repayable credit in the Income Tax Return for 2020, which will be available in the last week of February. .
“This latest attack is aimed at all those who need to reconcile incentive payments, including non-radicals. The 2020 income tax form contains the B3 Individual program, where you can indicate the payments you did not receive, those you received incomplete and changes in the composition of your family, among other things, that allow you to receive the money. ” he added.
Regarding the possibility of postponing the submission of the 2020 form, he said that at present April 15 is maintained in the work plan. “If additional financial aid is enacted in Congress, it would be a factor that would lead us to assess the possibility of postponing the date,” he said.
Finally, he urged citizens to ensure that what is reported on the form, such as social security numbers and full names, is accurate to avoid delays and errors.
We recommend: